Director/PDMR Shareholding

RNS Number : 0715X

Cropper(James) PLC

21 November 2017

 

21 November 2017

James Cropper plc

(the "Company")

Director Dealing

The Company was notified on 20 November 2017 that on the same day, Mark Cropper, a Director of the Company, acquired 455,751 ordinary shares of 25p each in the Company ("Shares") from members of the Cropper family which were transferred for nil consideration as follows from:

Sir James Cropper               368,001 shares (3.9% of total share capital)

Lady Susan Cropper              87,750 shares 

The members of the Cropper family and Mark Cropper are deemed to be acting in concert and regarded by the Takeover Panel to be members of the concert party detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party").

As a result, Mark Cropper's interest in the Company is as follows:

Director	Beneficial Shareholding	% of Issued Share Capital	Non-beneficial Shareholding	% of Issued Share Capital
Mark Cropper	1,739,655*	18.4%	559,571	5.9%

 * Includes 486,924 Shares pledged as security.

As a result of the above, Sir James Cropper no longer has a notifiable holding in the Shares of the Company.

The total interest of the Concert Party, directly and indirectly remains unchanged at 3,617,642 Shares, which represents 38.2% 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.cropper.com

Stockdale Securities Limited      Robert Finlay, Henry Wilcocks,           Richard Johnson              Tel:  + 44 (0) 207 601 6100      www.stockdalesecurities.com

 

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