Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 8161H
Cropper(James) PLC
05 August 2019
 

5 August 2019

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 2 August 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 155 ordinary shares of 25p each ("Shares") in the Company to a participant of the SIP Scheme.

 

The Shares were awarded to the participant on:

Date of award

Number of Shares

Price per Share

18 July 2016

61

734.25p

25 July 2017

94

1682.5p

 

Beneficial rights to participants are recognised immediately upon reward.

 

The SIP trust holds Shares for a 5-year period from the date of the award and then transfers the Shares to the participants. The Shares have been transferred to the participant earlier as, under the Scheme rules, the participant is deemed to be a leaver.

 

As a result of the above transactions, the JC SIP Plan is interested in 127,032 Shares, representing 1.3% of the issued share capital of the Company.

 

As a result of the change in interest of the JC SIP Plan, the non-beneficial interest of David Nicholson (PDMR) was decreased by 155 Shares.

 

 

 

Enquiries:

James Cropper PLC (AIM: CRPR)

Isabelle Maddock, Group Finance Director

Jim Aldridge, Company Secretary

Tel: +44 (0) 1539 722002

www.jamescropper.com

     Shore Capital

     Robert Finlay, Henry Willcocks

     Richard Johnson

     Tel:  + 44 (0) 207 408 4090

    

 

 

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

  1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

David Nicholson

2

 

Reason for the notification

a)

 

Position/status

 

PDMR, Group HR Director

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

James Cropper plc

b)

 

LEI

213800XM78VTDYGBRM93

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Ordinary Shares of 25p each

b)

Identification code 

 

GB0002346053

c)

 

Nature of the transaction 

 

Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to a leaver of the scheme.

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

155

d)

 

Aggregated information 

- Aggregated volume

- Price

 

155

0.00

e)

 

Date of the transaction 

2 August 2019

f)

 

Place of the transaction

Off Exchange

 


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