Notification of Interests of Directors
and Connected Persons
The Company was informed on 7th January 2014 that the following transactions had taken place:
1. Share Incentive Plan
On 7th January 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, had awarded 23,758 ordinary shares to directors and employees at the closing mid-market price on 6th January 2014 of 321.75p.
Shares awarded to the directors were as follows:
DirectorNumber of Shares
Michael Slade 1,434
Timothy Murphy 1,434
Gerald Kaye 1,433
Matthew Bonning-Snook 1,426
Jack Pitman 1,434
Duncan Walker 1,136
2. Directors' Interests in Shares
Following these transactions the directors' interests in shares are as follows:
Shares Legally Held
Deferred
Shares
Share Incentive Plan
Performance Plan
Total
Michael Slade
12,999,738
(11.0%)
-
36,309
2,089,498
15,125,545
Tim Murphy
95,520
(0.1%)
6,731
36,310
915,247
1,053,808
Gerald Kaye
1,502,871
(1.3%)
90,282
36,269
1,580,969
3,210,391
Matthew Bonning-Snook
252,929
(0.2%)
90,282
35,862
1,264,775
1,643,848
Jack Pitman
407,707
(0.3%)
29,738
36,310
1,264,775
1,738,530
Duncan Walker
-
(-%)
29,738
19,205
957,960
1,006,903
Contact: T J Murphy (020 7629 0113)
Date of notification: 8th January 2014
This information is provided by RNS
The company news service from the London Stock Exchange
Helical PLC is a United Kingdom-based property investment and development company, which specializes in developing and owning office buildings in Central London. The Company's segments include Investment properties and Development properties. The Investment properties segment, which is owned or leased by the Company for long-term income and for capital appreciation. The Development properties segment includes sites, developments in the course of construction, completed developments available for sale, and pre-sold developments. Its portfolio includes The JJ Mack Building, The Bower, 100 New Bridge Street, The Loom, 10 King William Street, Paddington, Southwark and The Power House. The Power House contains a 35 space car park and 19 residential apartments. Paddington Over Station Development is located in West London. 100 New Bridge Street covers an area of approximately 194,000 square feet. The Bower is a mixed-use building adjacent to Old Street Roundabout and has over 3.12 acres.