REG - Cropper(James) PLC - Director/PDMR Shareholding
RNS Number : 1866XCropper(James) PLC17 December 201917 December 2019
James Cropper Plc
(the "Company")
Notification of Transaction of Person Discharging Managerial Responsibility
("PDMR")
The Company was notified on 16 December 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 621 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
20 July 2015
242
506.8p
18 July 2016
215
734.25p
25 July 2017
85
1682.5p
19 July 2018
79
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 participant earlier as, under the Scheme rules, the participant is deemed to be a leaver.
As a result of the above transactions, the JC SIP Plan is interested in 125,641 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 621 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
Anita Ghanekar, John More
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 a leaver of the scheme.
d)
Price(s) and volume(s)
Price(s)
Volume(s)
0.00
621
d)
Aggregated information
- Aggregated volume
- Price
621
0.00
e)
Date of the transaction
16 December 2019
f)
Place of the transaction
Off Exchange
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHLLFFFFFLDLIA
Recent news on James Cropper
See all newsREG - Cropper(James) PLC - Full Year Trading Update
AnnouncementREG - Cropper(James) PLC - Director/PDMR Shareholding
AnnouncementREG - Cropper(James) PLC - Director/PDMR Shareholding
AnnouncementREG - Cropper(James) PLC - Trading Update
AnnouncementREG - Cropper(James) PLC - Directorate Update
Announcement