Director/PDMR Shareholding

RNS Number : 0846I

Cropper(James) PLC

21 November 2018

 

21 November 2018

James Cropper Plc

(the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibility

("PDMR")

The Company was notified on 20 November 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 429 ordinary shares of 25p each ("Shares") in the Company to two participants of the SIP Scheme.

The Shares were awarded to the participants on:

Date of award	Number of Shares	Price per Share
20 July 2015	222	506.8p
25 July 2017	94	1682.5p
19 July 2018	113	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 142,004 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 429 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

 

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