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Director/PDMR Shareholding

9th Mar 2018 10:06

RNS Number : 2620H
Cropper(James) PLC
09 March 2018
 

09 March 2018

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 08 March 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 231 ordinary shares of 25p each ("Shares") in the Company to a participant of the SIP Scheme.

 

The Shares were awarded to the participant on:

 

Date of award

Number of Shares

Price per Share

18 July 2016

137

734.25p

25 July 2017

94

1682.5p

 

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 participant earlier as, under the Scheme rules, the participant is deemed to be a leaver.

 

As a result of the above transaction, the JC SIP Plan is interested in 164,459 Shares, representing 1.7% 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 the following PDMR was decreased by:

 

David Nicholson 231 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 company news service from the London Stock Exchange
 
END
 
 
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Cropper (J)
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