Director/PDMR Shareholding

RNS Number : 0110G
Cropper(James) PLC
18 July 2019
 

18 July 2019

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 18 July 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 802 ordinary shares of 25p each ("Shares") in the Company to three 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

85

383.5p

20 July 2015

202

506.8p

18 July 2016

176

734.25p

25 July 2017

181

1682.5p

19 July 2018

158

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 136,550 Shares, representing 1.4% 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 802 Shares.

 

 

 

Enquiries:

James Cropper PLC (AIM: CRPR)

Isabelle Maddock, Group Finance Director

Jim Aldridge, Company Secretary

Tel: +44 (0) 1539 722002

www.jamescropper.com

     Shore Capital

     Robert Finlay, Henry Willcocks

     Richard Johnson

     Tel:  + 44 (0) 207 408 4090

    

 

 

 


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