Disposal of Shares by Pension Scheme

RNS Number : 5211J

Cropper(James) PLC

30 June 2011

 



30 June 2011

JAMES CROPPER PLC ("THE COMPANY")

Disposal of shares by James Cropper PLC Pension Scheme (the "Scheme")

The Company was notified on 30 June 2011 that on that day the Scheme had sold 20,000 ordinary shares of 25 pence each in the Company ('Ordinary Shares') at a price of £2.22 per share. Following this transaction the Scheme now holds 361,000 shares in the Company, representing 4.3% of the issued share capital and voting rights of the Company.

Executive Directors of the Company, Mr John Malcolm Denman and Mr Nigel Anthony Read are Trustees of the Scheme and are therefore deemed to have a beneficial interest in the Scheme.

Following this transaction, their beneficial and non-beneficial interests in the Company are:

	Number of Ordinary Shares	Percentage of Issued share capital
John Malcolm Denman
Beneficial	7,716	0.09%
Non-beneficial	361,000	4.3%
Nigel Anthony Read
Beneficial	9,289	0.11%
Non-beneficial	361,000	4.3%

Enquiries
David Carey, Company Secretary	Andrew Kitchingman, Director, Corporate Finance
James Cropper PLC	Arbuthnot Securities Limited
Tel: [phone]	Tel: [phone]
www.cropper.com

 

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