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

NorcrosAnnouncement

22/11/2017 07:05

RNS Number : 1630X
Norcros PLC
22 November 2017
Norcros plc ("Norcros" or "the Company")
Directors' Dealings - APSP and DBP Share Option exercises 
Sharedealing Information
Norcros announces that the Company has today been notified of the following sharedealings by Nick Kelsall, Group Chief Executive of the Company, by way of the exercise of nil-cost share options under the Company's Approved Performance Share Plan (the "APSP") and Deferred Bonus Plan (the "DBP") over ordinary shares of ten pence each in the Company ("Shares").
Name
Total option Shares exercised (APSP and DBP)
Total Shares used to pay tax/NIC on option exercises
Net Shares retained
Nick Kelsall
 227,285
106,825
120,460
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation ("MAR"), provides further detail.
The aggregate numbers of Shares in which Nick Kelsall is interested before and after these sharedealings are as follows:
Name
 Number of Shares held (before)
Number of Shares held (after)
Nick Kelsall
 795,424
915,884
MAR Notification
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 
Details of the person discharging managerial responsibilities / person closely associated 
a)
Name 
Nick Kelsall
2 
Reason for the notification 
a) 
Position/status 
Group Chief Executive
b) 
Initial notification /Amendment 
Initial notification
3 
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
a) 
Name 
Norcros plc
b) 
LEI 
213800EIMJZZA1GBIE18
4 A
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 
Identification code 
Ordinary Share of 10 pence
GB00BYYJL418
b) 
Nature of the transaction 
Acquisition - exercise of nil cost options under Approved Share Performance Plan (APSP) and Deferred Bonus Plan (DBP)
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
0.00p
0.00p
186,111 shares (APSP)
41,174 shares (DBP)
d) 
Aggregated information 
- Aggregated volume 
- Price 
- 227,285
- Nil
e) 
Date of the transaction 
21 November 2017
f) 
Place of the transaction 
Wilmslow, Cheshire, England
4 B
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 
Identification code 
Ordinary Share of 10 pence
GB00BYYJL418
b) 
Nature of the transaction 
Disposal of shares acquired under Approved Share Performance Plan (APSP) and Deferred Bonus Plan (DBP)
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
176p
176p
87,473 shares (APSP)
19,352 shares (DBP)
d) 
Aggregated information 
- Aggregated volume 
- Price 
- 106,825
- 176p
e) 
Date of the transaction 
21 November 2017
f) 
Place of the transaction 
Wilmslow, Cheshire, England
Further enquiries:
Norcros plc
Tel: 01625 547 700
Nick Kelsall, Group Chief Executive
Shaun Smith, Group Finance Director



Hudson Sandler
Tel: 0207 796 4133
Nick Lyon

Charlie Jack

Fern Duncan


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