Director/PDMR Shareholding

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: [phone] 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

 

END

 

 

DSHFLFEEDDIIVII