Director/PDMR Shareholding

RNS Number : 4235B

Cropper(James) PLC

30 January 2020

 

30 January 2020

James Cropper Plc

(the "Company")

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

The Company was notified on 28 January 2020 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 609 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	242	506.8p
18 July 2016	174	734.25p
25 July 2017	94	1682.5p
19 July 2018	99	1461.5p

Beneficial rights to participants are recognised immediately upon award.

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 125,032 Shares, representing 1.3% 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 609 Shares.

Enquiries:

James Cropper PLC (AIM: CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: [phone] www.jamescropper.com

Shore Capital      Robert Finlay, Henry Willcocks      Anita Ghanekar, John More      Tel:  + 44 (0) 207 408 4090

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Names	David Nicholson
2	Reason for the notification
a)	Position/status	PDMR, Group HR Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	James Cropper plc
b)	LEI	213800XM78VTDYGBRM93
4	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	Ordinary Shares of 25p each
b)	Identification code	GB0002346053
c)	Nature of the transaction	Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to leavers of the scheme.
d)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 589 0.00 20
d)	Aggregated information  - Aggregated volume - Price	609 0.00
e)	Date of the transaction	28 January 2020
f)	Place of the transaction	Off Exchange

 

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