REG - Norcros PLC - Directors' Dealings

NorcrosAnnouncement

30/07/2019 07:05

RNS Number : 1025H
Norcros PLC
30 July 2019
 


Norcros plc ("Norcros" or "the Company")
Directors' Dealings - APSP and DBP Share Option exercises  
Share dealing Information
Norcros announces that the Company has been notified of the following share dealings by Nick Kelsall, Group Chief Executive and Shaun Smith, Group Finance Director, 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
 
Shaun Smith


133,837 (APSP)
  92,544 (DBP)
 
  89,891 (APSP)


62,903 (APSP)
43,496 (DBP)
 
Nil* (APSP)


70,934
49,048
 
89,891
 



 
(*Shaun Smith paid the tax/NIC from his own funds)
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 Nick Kelsall and Shaun Smith are interested before and after these share dealings are as follows:



Name


  Number of Shares held (before)


Number of Shares held (after)




Nick Kelsall
Shaun Smith


1,275,600
      27,275


1,395,582
   117,166



 
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


133,837 shares (APSP)
92,544 shares (DBP)








d)
 


Aggregated information
- Aggregated volume
- Price


 
-       226,381
-       Nil
 




e)
 


Date of the transaction
 


29 July 2019




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)




208.00p
208.00p


62,903 shares (APSP)
43,496 shares (DBP)








d)
 


Aggregated information
- Aggregated volume
- Price


 
-       106,399
-       208.00p per share
 




e)
 


Date of the transaction
 


29 July 2019




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
 


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
 


89,891 shares (APSP)
 








d)
 


Aggregated information
- Aggregated volume
- Price


 
-       89,891
-       Nil
 




e)
 


Date of the transaction
 


29 July 2019




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








Nelly Akpaka







 




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