HELICAL PLC

Related Party Transaction • Dec 3, 2014

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RNS Number : 6703Y

Helical Bar PLC

03 December 2014

Helical Bar plc ("Helical Bar" "the Company")

Notification of Interests of Directors

and Connected Persons

The Company was informed on 2 December 2014 that the following transactions had taken place:

1.          Performance Share Plan 2014

On 2 December 2014, shares awarded under the terms of the Helical Bar plc Performance Share Plan 2004 were made available to directors and employees of the Company. These shares were originally allocated on 5 July 2011 and, having met their performance criteria such that 62.56% qualified for vesting, are available to be transferred to award holders.

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

	Shares Awarded	Shares Retained
Nigel McNair Scott	387,656	133,385
Michael Slade	578,592	199,082
Tim Murphy	231,436	76,737
Gerald Kaye	433,944	143,882
Matthew Bonning-Snook	347,155	115,105
Jack Pitman	347,155	115,105
Duncan Walker	202,507	67,145

The shares retained by award holders were provided by the Helical Bar plc Employee Share Ownership Plan Trust.

2.          Helical Bar plc Employee Share Ownership Plan Trust ("ESOP")

On 2 December 2014, the Company's ESOP holding of ordinary 1p shares reduced from 3,541,884 (3.00%) to 2,624,969 (2.22%) following the vesting of shares awarded under the terms of the Performance Share Plan 2004 and the transfer of shares to directors and employees.

3.          Share Incentive Plan

On 2 December 2014, under the rules of the Helical Bar plc Share Incentive Plan (the "Plan"), Helical Bar Trustees Limited, using contributions to the Plan by directors and employees matched in a 2:1 ratio by the Company, awarded 10,578 ordinary shares to directors and employees at the closing mid-market price on

1 December 2014 of 351.0p.

Shares awarded to the directors were as follows:

Director                                    Number of Shares

Michael Slade                                         384

Timothy Murphy                                      384

Gerald Kaye                                           384

Matthew Bonning-Snook                          384

Jack Pitman                                           384

Duncan Walker                                       384

4.       Directors' Interests in Shares

Following these transactions the directors' interests in shares are as follows:

	Shares Legally Held		Deferred Shares	Share Incentive Plan	Outstanding PSP Awards
Nigel McNair Scott	2,855,941	(2.42%)	-	-	420,895
Michael Slade	13,048,820	(11.04%)	-	39,313	1,951,101
Tim Murphy	172,257	(0.15%)	6,731	39,313	918,866
Gerald Kaye	1,396,753	(1.18%)	209,039	39,272	1,487,080
Matthew Bonning-Snook	278,034	(0.24%)	202,222	38,859	1,231,865
Jack Pitman	247,812	(0.21%)	124,743	39,313	1,189,673
Duncan Walker	67,145	(0.06%)	111,827	21,965	1,022,159

Contact: T J Murphy (020 7629 0113)

Date of notification: 2 December 2014

This information is provided by RNS

The company news service from the London Stock Exchange

END

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