13th Nov 2006 11:14
Croda International PLC13 November 2006 Croda International Plc 13 November 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that Croda International Plc ("the Company") was notified on 13 November 2006, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 10 November 2006. The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 10p each, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ("matching shares"). 1. The SIP trustee (Abbey National AESOP Trustees Limited) acquired 6,781 ordinary shares by purchase in the market on 10 November 2006 at a total cost of £37,670.39 and allocated them to employees participating in the SIP as partnership shares. Michael Humphrey and Michael Sean Christie, as executive directors, were deemed to become interested in these shares on acquisition, and to cease to be interested in them on allocation. 2. The following directors and persons discharging managerial responsibilities purchased the number of ordinary shares of 10p set out against their names below, at a price of 550p per ordinary share, and were allocated for no considerationthe number of matching shares set out against their names below: Name Role Number of ordinary shares purchased Number of matching shares allocated M Humphrey Executive Director 22 22S E Foots PDMR 22 22D E Barraclough PDMR 22 22K Layden PDMR 22 22G L Myers PDMR 22 22K M Nutbrown PDMR 22 22 This notification is made in order to satisfy both section 324 of the Companies Act 1985 and Disclosure Rule 3.1.2. Louise ScottCompany Secretary and Legal CounselCroda International Plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Croda International