Director Shareholding

RNS Number : 0990I

Norcros PLC

06 August 2019

 

Norcros plc

("Norcros" or "the Company")

Director Shareholding

Norcros announces that, on 6 August 2019, Nick Kelsall, Group Chief Executive of the Company, acquired an interest in 4,418 ordinary shares of ten pence in the Company ("Shares") when these Shares were bought by his wife, Mrs Susan Kelsall, at a price of 208.5p per Share.

The aggregate numbers of Shares in which Nick Kelsall is interested after this share dealing is 1,400,000 Shares.

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

MAR Notification

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Susan Kelsall
2	Reason for the notification
a)	Position/status	Person Closely Associated with Nick Kelsall, Group Chief Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Norcros plc
b)	LEI	213800EIMJZZA1GBIE18
4 A	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 Identification code	Ordinary Share of 10 pence GB00BYYJL418
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 208.5p 4,418
d)	Aggregated information - Aggregated volume - Price	-       N/A -       N/A
e)	Date of the transaction	6 August 2019
f)	Place of the transaction	London, England

Further enquiries:

Norcros plc	Tel: [phone]
Nick Kelsall, Group Chief Executive Shaun Smith, Group Finance Director
Hudson Sandler	Tel: [phone]
Nick Lyon Nelly Akpaka

Notes to Editors

·    Norcros is a market leading supplier of high quality and innovative bathroom and kitchen products with operations primarily in the UK and South Africa.

·    Based in the UK, Norcros operates under seven brands:

·     Triton - Market leader in the manufacture and marketing of showers in the UK

·     Merlyn - The UK and Ireland's No. 1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors

·     Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves

·     Croydex - A market-leading, innovative designer, manufacturer and distributor of high quality bathroom furnishings and accessories

·     Abode - A leading niche designer and distributor of high quality kitchen taps, bathroom taps and kitchen sinks

·     Johnson Tiles - The leading manufacturer and supplier of ceramic tiles in the UK

·     Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products

·    Based in South Africa, Norcros operates under four brands:

·     Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives

·     Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles

·     TAL - The leading manufacturer of ceramic and building adhesives

·     House of Plumbing - Market leading supplier of specialist plumbing materials

·    Norcros is headquartered in Wilmslow, Cheshire and employs around 2,200 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com

 

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