Director/PDMR Shareholding

RNS Number : 0202P
Cropper(James) PLC
25 August 2017
 

25 August 2017

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 24 August that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 85 ordinary shares of 25p each ("Shares") in the Company to a participant of the SIP Scheme.

 

The Shares were awarded to the participant on 21 July 2014 at a price of 383.5p per Share.

 

Beneficial rights to the participant 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 participant. 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 transaction, the JC SIP Plan is interested in 167,814 Shares, representing 1.8% if 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 the following PDMR was decreased by:

 

David Nicholson                    85 Shares.

 

 

Enquiries:

James Cropper PLC (Aim:CRPR)

Isabelle Maddock, Group Finance Director

Jim Aldridge, Company Secretary

Tel: +44 (0) 1539 722002

www.cropper.com

     Stockdale Securities Limited

     Robert Finlay, David Coaten

     Tel:  + 44 (0) 207 601 6100

     www.stockdalesecurities.com

 



 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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