REG - Helical PLC - Director/PDMR Shareholding

HelicalAnnouncement

28/07/2022 07:16

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RNS Number : 9853T  Helical PLC  28 July 2022

 

 

28 July 2022

 

HELICAL PLC

('Helical'/ '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 - 2022 Award

 

On 27 July 2022, 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 26 July 2022 of
388.00p. These awards will vest in July 2025, depending on the extent to which
the Plan's performance criteria are met:

 

 Executive Directors    Shares Awarded
 Gerald Kaye            356,262
 Tim Murphy             207,345
 Matthew Bonning-Snook  277,126

 PDMRs
 Tom Anderson           81,154
 James Moss             77,319

 

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

 

2.  Performance Share Plan 2014 - 2019 Award

 

On 27 July 2022, 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 3 June 2019 and, having
met their performance criteria such that 75.46% 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 shares vesting are as
follows:

 

 Executive Directors    Shares Awarded                                    Shares Vesting  Shares Retained
 Gerald Kaye            366,896                                           276,859         143,274
 Tim Murphy                                  213,517                      161,119         83,379
 Matthew Bonning-Snook  285,379                                           215,346         111,441

 PDMRs
 Tom Anderson           82,758                                            62,449          32,317
 James Moss             76,551                                            57,765          29,893

 

3.  Annual Bonus Scheme 2018

 

In accordance with the terms of the Annual Bonus Scheme 2018, and in respect
of annual bonuses for the year to 31 March 2022, deferred share awards over
ordinary shares in Helical plc were made to the Executive Directors on 27 July
2022 at the closing mid-market price on 26 July 2022 of 386.00p as follows:

 

 Executive Directors    Number of Shares
 Gerald Kaye            65,131
 Tim Murphy             37,906
 Matthew Bonning-Snook  50,664

 

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 27 July 2025.

 

4.  Deferred Bonus Shares

 

On 27 July 2022, shares awarded under the terms of the Company's Annual Bonus
Scheme 2018 were made available to Directors of the Company. These shares were
originally awarded to Directors on 3 June 2019 as part of the annual bonuses
for the year to 31 March 2019 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 and accrued dividend shares are as
follows:

 

 Executive Directors    Shares Awarded  Dividend Shares  Shares Retained
 Gerald Kaye            53,836          4,037            29,949
 Tim Murphy             21,364          1,602            11,884
 Matthew Bonning-Snook  30,516          2,289            16,976

 

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

 

On 27 July 2022, 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 26
July 2022 of 386.00p.

 

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

 

 Executive Directors    Number of Shares
 Gerald Kaye            1,278
 Tim Murphy             1,275
 Matthew Bonning-Snook  1,275

 PDMRs
 Tom Anderson           1,275
 James Moss             1,275

 

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 1,029,784 ordinary shares of 1p each. It is expected
that the hearing will take place on 1 August 2022 and that trading will
commence on 2 August 2022. The shares are being issued in connection with the
vesting of awards granted under the Company's Performance Share Plan 2014 and
the Annual Bonus Scheme 2018, as detailed above.

Following admission, the number of ordinary shares in issue will be
123,355,197 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.

This notification is made in accordance with the requirements of the EU Market
Abuse Regulations. 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 (Chief Financial Officer)  Tel:                  020 7629 0113
                                       Address:           5 Hanover Square

                                                               London

                                                               W1S 1HQ
                                       Website:           www.helical.co.uk (http://www.helical.co.uk)

 

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