REG - Norcros PLC - Directors' Dealings <Origin Href="QuoteRef">NXR.L</Origin>

NorcrosAnnouncement

29/10/2014 07:56

RNS Number : 7542Q
Norcros PLC
03 September 2014
Norcros plc
("Norcros" or "the Company")
Directors' Dealings - APSP Share Option exercises and subsequent share transfers
Norcros announces that the Company has today been notified of the following sharedealings by the Executive Directors of the Company by way of the exercise of nil-cost share options under the Company's Approved Performance Share Plan (the "APSP") over ordinary shares of one pence each in the Company ("Shares").
Name
Number of Shares acquired from options exercised
Nick Kelsall
2,122,449
Martin Payne
1,469,388
The Executive Directors then sold Shares in order to satisfy the tax liabilities arising on the option exercises (Nick Kelsall 968,075 Shares and Martin Payne 661,137 Shares).
Nick Kelsall also sold 1,154,374 Shares and Martin Payne sold 404,702 Shares.
All the above Share sales were at a price of 16.5p
Martin Payne also transferred for nil consideration 403,549 Shares to his spouse.
All of the sharedealings took place on 3 September 2014.
The aggregate numbers of Shares in which each Executive Director is interested before and after these sharedealings are as follows:
Name
 Number of Shares held (before)
Number of Shares held (after)
Nick Kelsall
 7,865,143
7,865,143
Martin Payne
 400,000
803,549
Further enquiries:
Norcros plc
Tel: 01625 547 700
Nick Kelsall, Group Chief Executive
Martin Payne, Group Finance Director
Hudson Sandler
Tel: 0207 796 4133
Nick Lyon
Charlie Jack
Katie Matthews

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