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Director/PDMR Shareholding

11th Sep 2018 14:40

RNS Number : 4507A
Cropper(James) PLC
11 September 2018
 

11 September 2018

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Persons Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 11 September 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 1,125 ordinary shares of 25p each ("Shares") in the Company to four 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

274

383.5p

20 July 2015

424

506.8p

18 July 2016

215

734.25p

25 July 2017

85

1682.5p

19 July 2018

127

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 143,191 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 1,125 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

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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