Helical PLC Director/PDMR Shareholding and Additional Listing (9970R)
September 27 2017 - 8:16AM
UK Regulatory
TIDMHLCL
RNS Number : 9970R
Helical PLC
27 September 2017
27 September 2017
HELICAL PLC
("Helical" or "The Company")
Notification of Interests of Directors and Connected Persons
The Company was informed on 26 September 2017 that the following
transactions had taken place:
1. Director's Transaction
On 22 September 2017, Mr Michael Slade sold
41,704 shares in Helical plc at 318.76p per
share.
2. Performance Share Plan
On 27 September 2017, 76,463 shares awarded
under the terms of the Company's Performance
Share Plan 2014 were made available to Mr
Michael Slade, Chairman of Helical plc. These
shares, originally allocated on 28 July 2014
and pro-rated for the period Mr Slade was
an Executive Director, met two thirds of their
performance criteria in the three years to
31 March 2017. After tax, 42,054 shares were
retained by Mr Slade.
Following these transactions, Mr Michael Slade continues to hold
12,633,957 (10.7%) shares in the Company.
3. 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 76,463
ordinary shares of 1p each. It is expected
that the hearing will take place on 2 October
2017 and that trading will commence on 3 October
2017.
The shares are being issued on 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 118,610,741, 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 FCA's Disclosure and Transparency
Rules.
For further information, please contact:
Tim Murphy (Finance Director) Tel: 020 7629 0113
Date of notification: 27 September 2017
This information is provided by RNS
The company news service from the London Stock Exchange
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