REG - Norcros PLC - Directors' Dealings <Origin Href="QuoteRef">NXR.L</Origin>
RNS Number : 4034XNorcros PLC23 November 2017Norcros plc ("Norcros" or "the Company")
Directors' Dealings - Acquisition of shares pursuant to Capital Raising
Sharedealing Information
Norcros announces that the Company has today been notified of the following sharedealings by the Directors of the Company. These sharedealings are the acquisition of new ordinary shares of 10p each ("Shares") by each Director pursuant to the Open Offer (with excess application facility) announced by the Company on 2 November 2017 and which took effect today.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation ("MAR"), provide further details.
The aggregate numbers of Shares in which the Directors are interested before and after these sharedealings are as follows:
Name
Number of Shares held (before)
Number of new Shares subscribed for
Number of Shares held (after)
Martin Towers
134,454
26,363
160,817
David McKeith
15,000
2,941
17,941
Jo Hallas
20,000
3,921
23,921
Nick Kelsall
915,884
235,507
1,151,391
Shaun Smith
20,000
5,920
25,920
All of the Share subscriptions were at the Open Offer price of 172.0p per Share.
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
Martin Towers
2
Reason for the notification
a)
Position/status
Chairman, Non-Executive Director
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
c)
Price(s) and volume(s)
Price(s)
Volume(s)
172p
26,363
d)
Aggregated information
- Aggregated volume
- Price
- 26,363
- 172p
e)
Date of the transaction
23 November 2017
f)
Place of the transaction
Wilmslow, Cheshire, England
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David McKeith
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
c)
Price(s) and volume(s)
Price(s)
Volume(s)
172p
2,941
d)
Aggregated information
- Aggregated volume
- Price
- 2,941
- 172p
e)
Date of the transaction
23 November 2017
f)
Place of the transaction
Wilmslow, Cheshire, England
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jo Hallas
2
Reason for the notification
a)
Position/status
Non-Executive Director
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
c)
Price(s) and volume(s)
Price(s)
Volume(s)
172p
3,921
d)
Aggregated information
- Aggregated volume
- Price
- 3,921
- 172p
e)
Date of the transaction
23 November 2017
f)
Place of the transaction
Wilmslow, Cheshire, England
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
c)
Price(s) and volume(s)
Price(s)
Volume(s)
172p
235,507
d)
Aggregated information
- Aggregated volume
- Price
- 235,507
- 172p
e)
Date of the transaction
23 November 2017
f)
Place of the transaction
Wilmslow, Cheshire, England
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Shaun Smith
2
Reason for the notification
a)
Position/status
Group Finance Director
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
c)
Price(s) and volume(s)
Price(s)
Volume(s)
172p
5,920
d)
Aggregated information
- Aggregated volume
- Price
- 5,920
- 172p
e)
Date of the transaction
23 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 RNSThe company news service from the London Stock ExchangeENDDSHBJBRTMBMTBAR
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