Notification of Transaction of PDMR

RNS Number : 4785I

Cropper(James) PLC

09 August 2019

 

9 August 2019

James Cropper Plc

(the "Company")

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

The Company was notified on 8 August 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 374 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
18 July 2016	201	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 126,658 Shares, representing 1.3% 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 374 Shares.

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      Richard Johnson      Tel:  + 44 (0) 207 408 4090

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	David Nicholson
2	Reason for the notification
a)	Position/status	PDMR, Group HR Director
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	Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to a leaver of the scheme.
d)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 374
d)	Aggregated information  - Aggregated volume - Price	374 0.00
e)	Date of the transaction	8 August 2019
f)	Place of the transaction	Off Exchange

 

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