REG - Norcros PLC - Directors' Dealings

NorcrosAnnouncement

23/07/2018 17:35

RNS Number : 5027V
Norcros PLC
23 July 2018
 


Norcros plc ("Norcros" or "the Company")
Directors' Dealings - APSP and DBP Share Option exercises  
Share dealing 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


Total Shares used to pay tax/NIC on option exercises


Net Shares retained




Nick Kelsall
Nick Kelsall


158,929 (APSP)
  53,934 (DBP)


74,697 (APSP)
25,349 (DBP)


84,232
28,585




 
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


  1,162,783


1,275,600




 
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


158,929 shares (APSP)
52,934 shares (DBP)




 




d)
 


Aggregated information
- Aggregated volume
- Price


 
-       212,863
-       Nil
 




e)
 


Date of the transaction
 


23 July 2018




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)




212p
212p


74,697 shares (APSP)
25,349 shares (DBP)




 




d)
 


Aggregated information
- Aggregated volume
- Price


 
-       100,046
-       212p
 




e)
 


Date of the transaction
 


23 July 2018




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


 




 




 




 




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