Issue of Equity & Director Dealing

RNS Number : 2577R

Cropper(James) PLC

15 November 2012

 



15 November 2012

James Cropper plc (the 'Company')

Issue of Equity & Director Dealing

The Company announces that on 14 November 2012, it issued and allotted 381,713 new ordinary shares of 25p each in the Company ("Shares") pursuant to the exercise of options by employees of the Company.

Application has been made to the London Stock Exchange for the Shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will become effective and trading will commence at 8.00am on 20 November 2012.

The Company was informed on 14 November 2012 that as part of the exercise of options referred to above, Patrick Willink, a Director of the Company exercised options over 3,195 Shares on 14 November 2012 at a price of 85.2p per Share. Following this transaction, his beneficial holding has increased to 49,745 Shares, representing 0.56% of the total issued share capital of the Company.  His non-beneficial holding remains 1,132,408 Shares, representing 12.78% of the total issued share capital of the Company.  As a result, his total interest in the Company has increased to 1,182,153 Shares, representing 13.35% of the total issued share capital of the Company.

Following Admission of the Shares, the Company's enlarged issued share capital will comprise 8,857,380 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 8,857,380. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further information, call:

James Cropper plc David Carey, Company Secretary	01539 722002
Westhouse Securities Limited Richard Baty Paul Gillam	020 7601 6100

ENDS

 

END

 

 

IOEBKPDKPBDDFDD