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Director/PDMR Shareholding

11th May 2009 15:11

RNS Number : 0435S
Croda International PLC
11 May 2009
 



Croda International Plc

11 May 2009

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 May 2009, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 11 May 2009. 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 7,425 ordinary shares by purchase in the market on 11 May 2009 at a total cost of £42,795.065 and allocated them to employees participating in the SIP as partnership shares.
2.
The SIP trustee (Capita IRG Trustees Limited) also acquired 7,425 ordinary shares by purchase in the market on 11 May 2009 at a total cost of £42,795.065 and allocated them to employees participating in the SIP as matching shares.
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 571.5p 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

M Humphrey

Executive Director

22

22

M S Christie

Executive Director

22

22

E Barraclough

PDMR

22

22

S E Foots

PDMR

22

22

K Layden

PDMR

22

22

G L Myers

PDMR

22

22

K M Nutbrown

PDMR

22

22

A L Scott

PDMR

21

21

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Louise Scott

Company Secretary and Legal Counsel

Croda International Plc

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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