Director/PDMR Shareholding

RNS Number : 7618R

Cropper(James) PLC

26 September 2017

 

26 September 2017

James Cropper Plc

(the "Company")

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

The Company was notified on 25 September 2017 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 766 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
23 July 2013	197	266.4p
21 July 2014	59	383.5p
20 July 2015	242	506.8p
18 July 2016	174	734.25p
25 July 2017	94	1682.5p

In addition, the Company was notified on 25 September that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 614 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
23 July 2013	122	266.4p
21 July 2014	59	383.5p
20 July 2015	183	506.8p
18 July 2016	174	734.25p
25 July 2017	76	1682.5p

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

As a result of the above transaction, the JC SIP Plan is interested in 166,344 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                    1,380 Shares.

In addition, the Company was notified on 25 September 2017 that on the same day, David Nicholson, a PDMR of the Company, sold 545 Shares at a price of 1895.0p per Share.

As a result, David Nicholson's beneficial interest has decreased by 545 Shares.

Enquiries:

James Cropper PLC (Aim:CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: [phone] www.cropper.com	Stockdale Securities Limited      Robert Finlay, David Coaten      Tel:  + 44 (0) 207 601 6100      www.stockdalesecurities.com

 

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