REG - Cropper(James) PLC - Director/PDMR Shareholding
RNS Number : 3579NCropper(James) PLC24 September 201924 September 2019
James Cropper Plc
(the "Company")
Notification of Transaction of Person Discharging Managerial Responsibility
("PDMR")
The Company was notified on 23 September 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 302 ordinary shares of 25p each ("Shares") in the Company to 3 participants of the SIP Scheme.
The Shares were awarded to the participants on:
Date of award
Number of Shares
Price per Share
25 July 2017
161
1682.5p
19 July 2018
141
1461.5p
Beneficial rights to participants are recognised immediately upon award.
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 participants earlier as, under the Scheme rules, the participants are deemed to be leavers.
As a result of the above transactions, the JC SIP Plan is interested in 126,356 Shares, representing 1.3% 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 David Nicholson (PDMR) was decreased by 302 Shares.
Enquiries:
James Cropper PLC (AIM: CRPR)
Isabelle Maddock, Group Finance Director
Jim Aldridge, Company Secretary
Tel: +44 (0) 1539 722002
Shore Capital
Robert Finlay, Henry Willcocks
Richard Johnson
Tel: + 44 (0) 207 408 4090
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Names
David Nicholson
2
Reason for the notification
a)
Position/status
PDMR, Group HR Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
James Cropper plc
b)
LEI
213800XM78VTDYGBRM93
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares of 25p each
b)
Identification code
GB0002346053
c)
Nature of the transaction
Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to leavers of the scheme.
d)
Price(s) and volume(s)
Price(s)
Volume(s)
0.00
302
d)
Aggregated information
- Aggregated volume
- Price
302
0.00
e)
Date of the transaction
23 September 2019
f)
Place of the transaction
Off Exchange
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