Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 6712U
Cropper(James) PLC
31 July 2020
 

31 July 2020

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Director

 

The Company was notified on 29 July 2020 that, on the same date, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 716 ordinary shares of 25p each ("Shares") in the Company to two participants of the SIP Scheme.

 

The above transfer included 337 shares transferred to Dave Watson, a Director of the Company. The Shares were awarded to him on:

 

Date of award

Number of Shares

Price per Share

18 July 2016

176

734.25p

25 July 2017

82

1682.5p

19 July 2018

79

1461.5p

 

Beneficial rights to participants are recognised immediately upon award.

 

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 participants earlier as, under the Scheme rules, the participants are deemed to be leavers.

 

As a result of the above transactions, the JC SIP Plan is interested in 103,464 Shares, representing 1.1% of the issued share capital of the Company.

 

 

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

     John More

     Tel:  + 44 (0) 20 7601 6100

    

 

 

 

 

 

 

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 

Dave Watson

2

 

Reason for the notification

a)

 

Position/status

 

PDMR, Chief Operations Officer

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 

 

Transfer of ownership of Shares held in the James Cropper Plc Share Incentive Plan ("SIP") on being deemed to be a leaver

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

337

d)

 

Aggregated information 

- Aggregated volume

- Price

 

337

0.00

e)

 

Date of the transaction 

29 July 2020

f)

 

Place of the transaction

Off Exchange

 


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