Director/PDMR Shareholding

RNS Number : 4507A

Cropper(James) PLC

11 September 2018

 

11 September 2018

James Cropper Plc

(the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibility

("PDMR")

The Company was notified on 11 September 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 1,125 ordinary shares of 25p each ("Shares") in the Company to four participants of the SIP Scheme.

The Shares were awarded to the participants on:

Date of award	Number of Shares	Price per Share
21 July 2014	274	383.5p
20 July 2015	424	506.8p
18 July 2016	215	734.25p
25 July 2017	85	1682.5p
19 July 2018	127	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 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 143,191 Shares, representing 1.5% 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 1,125 Shares.

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 Willcocks      Richard Johnson      Tel:  + 44 (0) 207 601 6100      www.stockdalesecurities.com

 

END

 

 

DSHLLFVVATILLIT