Director/PDMR Shareholding

RNS Number : 1997R
Cropper(James) PLC
27 February 2019
 

27 February 2019

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Persons Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 26 February 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 670 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

21 July 2014

59

383.5p

20 July 2015

242

506.8p

18 July 2016

196

734.25p

25 July 2017

94

1682.5p

19 July 2018

79

1461.5p

 

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 140,705 Shares, representing 1.5% 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 670 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, Henry Willcocks

     Richard Johnson

     Tel:  + 44 (0) 207 601 6100

     www.stockdalesecurities.com

 

 

 


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