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Purchase of Pension Scheme Shares

20th Feb 2009 11:52

RNS Number : 6593N
Cropper(James) PLC
20 February 2009
 



20 February 2009

James Cropper PLC ("the Company")

Purchase of shares by James Cropper PLC Pension Scheme ("the Scheme")

The Company was notified on 20th February 2009 that the Scheme had purchased 87,500 ordinary shares of 25 pence each in the Company ("Ordinary Shares") at a price of 80 pence per Ordinary Share. Following this purchase the Scheme now holds 218,500 Ordinary Shares representing 2.6% per cent of the Company's issued ordinary share capital.

Executive Directors of the Company, Mr John Malcolm Denman and Mr Nigel Anthony Read are Trustees of the Scheme and are therefore deemed to have a non-beneficial interest in the Scheme. Following this transaction their interest in the total issued share capital of the Company is as follows:

No. of shares

Percentage

John Malcolm Denman

Beneficial

1,610

0.02%

Non-beneficial

218,500

2.6%

Nigel Anthony Read

Beneficial

3,289

0.04%

Non-beneficial

218,500

2.6%

The percentage calculations are based on 8,472,368 Ordinary Shares, which is the total issued share capital of the Company with voting rights.

Further information contact:

Brewin Dolphin Investment Banking Andrew Kitchingman: 0845 270 8610

 

James Cropper plc John Denman: 01539 722 002

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