HELICAL PLC

Remuneration Information • Jun 3, 2019

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RNS Number : 9607A

Helical PLC

03 June 2019

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 Executive Directors and PDMRs:

1. Performance Share Plan 2014 - 2019 Award

On 3 June 2019, under the terms of the Performance Share Plan 2014, the following share awards were made to the Executive Directors / PDMRs at the closing mid-market price on 31 May 2019 of 362.50p. These awards will vest in June 2022, depending on the extent to which the Plan's performance criteria are met:

	Shares Awarded
Executive Directors
Gerald Kaye	366,896
Tim Murphy	213,517
Matthew Bonning-Snook	285,379
PDMRs
Tom Anderson	82,758
James Moss	76,551

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

2. Performance Share Plan 2014 - 2016 Award

On 3 June 2019, shares awarded under the terms of the Helical plc Performance Share Plan 2014 were made available to Executive Directors and employees of the Company. These shares were originally awarded on 1 June 2016 and, having met their performance criteria such that 33.33% qualified for vesting, are available to be transferred to 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:

	Shares Awarded	Shares Vesting	Shares Retained
Executive Director
Gerald Kaye	314,354	104,785	55,536
Tim Murphy	217,291	72,430	38,387
Matthew Bonning-Snook	290,506	96,835	51,322
PDMR
Tom Anderson	53,164	17,721	9,392
James Moss	34,177	11,392	6,037

3. Annual Bonus Scheme 2018

In accordance with the terms of the Annual Bonus Scheme 2018, deferred share awards over ordinary shares in Helical plc were made to the Executive Directors on 3 June 2019 at the closing mid-market price on 31 May 2019 of 362.50p as follows:

	Number of shares
Executive Directors
Gerald Kaye	53,836
Tim Murphy	21,364
Matthew Bonning-Snook	30,516

No consideration was paid for the grant of the deferred share awards, which have been structured as nil cost options. These deferred shares will be held by the Company and will vest after 3 June 2022.

4. Share Incentive Plan - Award of Free, Partnership and Matching Shares

On 3 June 2019, under the rules of the Helical plc Share Incentive Plan (the "Plan"), Helical Bar Trustees Limited awarded 40,458 ordinary shares to the Company's Executive Directors, PDMRs and employees at the closing mid-market price on 31 May 2019 of 362.50p.

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

	Number of shares
Executive Directors
Gerald Kaye	1,365
Tim Murphy	1,365
Matthew Bonning-Snook	1,365
PDMRs
Tom Anderson	1,365
James Moss	1,365

5. Directors' Interests in Shares

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

	Shares Legally Held	Deferred Shares	Share Incentive Plan	Outstanding PSP Awards
Executive Director
Gerald Kaye	1,755,788	430,885	55,981	1,155,541
Tim Murphy	697,981	63,798	33,902	685,848
Matthew Bonning-Snook	1,016,212	345,560	55,524	916,757

6. 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 372,108 ordinary shares of 1p each. It is expected that the hearing will take place on 5 June 2019 and that trading will commence on 6 June 2019.

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 119,735,457, 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 interest 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	Tel:	020 7629 0113
	Address:	5 Hanover Square, London. W1S 1HQ
	Website:	www.helical.co.uk
FTI Consulting
Dido Laurimore /Richard Gotla	Tel:	020 3727 1000
	Email:	schelical@fticonsulting.com

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