HELICAL PLC

Remuneration Information • Jul 27, 2018

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RNS Number : 0207W

Helical PLC

27 July 2018

27 July 2018

HELICAL PLC

("Helical"/ "the Company")

notification of interests of direCtoRs and connected persons

The company was informed on 26 July that the following transactions had taken place:

1.  Deferred Shares - 2015

On 26 July 2018 shares awarded under the terms of the Company's Annual Bonus Scheme 2012 were made available to directors of the Company. These shares were originally awarded to directors on 8 June 2015 as part of the annual bonuses for the year to 31 March 2015 and, having been deferred for three years, are available to be transferred to award holders, net of associated tax liabilities.

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

	Shares Awarded	Dividend Shares	Shares Retained
Gerald Kaye	96,619	8,660	55,797
Matthew Bonning-Snook	89,285	8,002	51,562

2.  Deferred Shares - 2018

On 26 July 2018, deferred share awards over ordinary shares in Helical plc were made to certain directors at 334.0p per share, under the terms of the Helical Annual Bonus Scheme 2016, as follows:

	Number of Shares
Gerald Kaye	115,643
Matthew Bonning-Snook	89,955

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 26 July 2021.

3.  Performance Share Plan - 2014

On 26 July 2018 shares awarded under the terms of the Helical plc Performance Share Plan 2014 were made available to directors and employees of the Company. These shares were originally awarded on 8 June 2015 and, having met their performance criteria such that 45.65% 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 were as follows:

	Shares Awarded	Shares Vesting	Shares Retained
Director
Michael Slade1	375,214	75,083	41,295
Gerald Kaye	289,857	132,319	70,129
Tim Murphy	200,357	91,462	48,474
Matthew Bonning-Snook	267,857	122,276	64,806
PDMR
Tom Anderson	66,666	30,433	16,129
James Moss	32,142	14,672	7,776

1 The shares originally awarded to Michael Slade were pro-rated for the period he was an Executive Director.

4.  Director's Transaction

On 25 July 2018, Michael Slade sold 42,054 shares in Helical plc at 334p per share.

5.  Share Incentive Plan - Award of Dividend Shares

On 26 July 2018, under the rules of the Helical plc Share Incentive Plan, Helical Bar Trustees Limited awarded 7,910 ordinary shares to the Company's Executive Directors, PDMRs and employees at the closing mid-market price on 25 July 2018 of 334.00p.

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

	Number of Shares
Executive Director
Gerald Kaye	1,087
Tim Murphy	637
Matthew Bonning-Snook	1,078
PDMR
Tom Anderson	568
James Moss	208

6.  Director's Interests in Shares

	Shares Legally Held	Deferred Shares	Share Incentive Plan	Outstanding PSP Awards
Michael Slade1	12,163,444 (10.2%)	-	-	-
Gerald Kaye	1,700,252 (1.4%)	377,049	52,946	1,102,999
Tim Murphy	684,594 (0.6%)	42,434	31,046	689,622
Matthew Bonning-Snook	964,890 (0.8%)	315,044	52,496	921,884

7.  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 752,608 ordinary shares of 1p each. It is expected that the hearing will take place on 31 July 2018 and that trading will commence on 1 August 2018.

The shares are being issued in connection with the vesting of awards granted under the Company's Annual Bonus Plan 2012 as detailed under Point 1 above and the Company's Performance Share Plan 2014, as detailed under Point 3 above.

Following admission, the number of ordinary shares in issue will be 119,363,349, 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 Regulations. The Identification Code for the 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:                   020 7629 0113
	Address:           5 Hanover Square, London                         W1S 1HQ
	Website:           www.helical.co.uk
FTI Consulting
Dido Laurimore/Tom Gough/Richard Gotla	Tel:                   020 3727 1000

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