11th Jul 2013 16:43
Croda International Plc
11 July 2013
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 11 July 2013, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 10 July 2013. 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 (Capita IRG Trustees Limited) acquired 2,539 ordinary shares by purchase in the market on 10 July 2013 at a total cost of £66,101.91 and allocated them to employees participating in the SIP as partnership shares.
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2. | The SIP trustee (Capita IRG Trustees Limited) also acquired 2,539 ordinary shares by purchase in the market on 10 July 2013 at a total cost of £66,101.91 and allocated them to employees participating in the SIP as matching shares.
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3. | 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 2581.5p per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below: |
Name | Role
| Number of ordinary shares purchased | Number of matching shares allocated |
S E Foots | Executive Director | 5 | 5 |
M S Christie | Executive Director | 5 | 5 |
K Layden | Executive Director | 5 | 5 |
S Arnott | PDMR | 5 | 5 |
D E Barraclough | PDMR | 5 | 5 |
S E Breene | PDMR | 5 | 5 |
N I Challoner | PDMR | 5 | 5 |
M W Heijbroek | PDMR | 5 | 5 |
G L Myers | PDMR | 5 | 5 |
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.
Tom Brophy
Group General Counsel and Company Secretary
Croda International Plc
Related Shares:
Croda International