Helical PLC Interests of Directors/PDMRs & Additional Listing (8672A)

TIDMHLCL

RNS Number : 8672A

Helical PLC

04 June 2021

4 June 2021

HELICAL PLC

("Helical" or the "Company")

Notification of Interests of Directors, PDMRs and Connected Persons

The Company was informed today of the following transactions in relation to the Executive Directors and PDMRs:

   1.   Performance Share Plan 2014 - 2021 Award 

On 2 June 2021, under the terms of the Performance Share Plan 2014, the following share awards were made to the Executive Directors/PDMRs at the average of the closing mid-market prices for the five days to 1 June 2021, of 430.10p. These awards will vest in June 2024, depending on the extent to which the Plan's performance criteria are met:

 
Executive Directors     Shares Awarded 
Gerald Kaye                    316,641 
Tim Murphy                     184,288 
Matthew Bonning-Snook          246,309 
 
PDMRs 
Tom Anderson                    71,425 
James Moss                      66,071 
 

No consideration was paid for the grant of the awards which have been structure as nil-cost options.

   2.   Performance Share Plan 2014 - 2018 Award 

On 2 June 2021, shares awarded under the terms of the Performance Share Plan 2014 were made available to Executive Directors and employees of the Company. These shares were originally awarded on 1 June 2018 and, having met their performance criteria such that 73.99% qualified for vesting, are available to be transferred to the award holders, net of associated tax liabilities.

Shares originally awarded to Directors and PDMRs and the net shares retained after the payment of associated tax liabilities are as follows:

 
Executive Directors     Shares Awarded  Shares Vesting  Shares Retained 
Gerald Kaye                    343,333         254,032          134,636 
Tim Murphy                     199,800         147,832           78,350 
Matthew Bonning-Snook          267,066         197,602          104,729 
 
PDMRs 
Tom Anderson                    64,000          47,353           25,097 
James Moss                      64,000          47,353           25,097 
 
   3.   Share Incentive Plan - Award of Free, Partnership and Matching Shares 

On 2 June 2021, under the rules of the Helical plc Share Incentive Plan (the "Plan"), Helical Bar Trustees Limited awarded ordinary shares to the Company's Executive Directors, PDMRs and employees at the closing mid-market price on 1 June 2021 of 430.50p.

Shares awarded to the Executive Directors/PDMRs were as follows:

 
Executive Directors     Number of Shares 
Gerald Kaye                          836 
Tim Murphy                           836 
Matthew Bonning-Snook                836 
 
PDMRs 
Tom Anderson                         836 
James Moss                           836 
 
   4.   Director's Interests in Shares 

Following the transactions noted above, the Director's interests in shares will be as follows:

 
                                                      Share 
                               Shares  Deferred   Incentive  Outstanding 
Executive Directors      Legally Held    Shares        Plan   PSP Awards 
Gerald Kaye                 2,197,439   343,057      63,686    1,063,418 
Tim Murphy                    686,166   124,776      40,413      618,899 
Matthew Bonning-Snook       1,378,574   250,707      63,205      827,190 
 
   5.   Additional Listing 

Application has been made to the Financial Conduct Authority for admission to the Official List, and to the London Stock Exchange plc for admission to trading, for a total of 834,104 ordinary shares of 1p each. It is expected that the hearing will take place on 8 June 2021 and that trading will commence on 9 June 2021.

The shares are being issued in connection with the vesting of awards granted under the Company's Performance Share Plan 2014, as detailed under Point 2 above.

Following admission, the number of ordinary shares in issue will be 122,099,814 each carrying one voting right. This figure may be used by Shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their request in, Helical plc under the FCS's Disclosure and Transparency Rules.

This notification is made in accordance with the requirements of the EU Market Abuse Regulation. The identification code for ordinary shares of 1p each in the Company is GB00B0FYMT95. The awards took place outside a trading venue.

For further information please contact:

 
Helical plc 
Tim Murphy (Finance Director)  Tel: [phone] 
                               Address: 5 Hanover Square 
                                London 
                                W1S 1HQ 
                               Website: www.helical.co.uk 
 

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June 04, 2021 04:02 ET (08:02 GMT)