Source - RNS
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: +44 (0) 1539 722002

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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