logo-loader
RNS
viewJames Cropper plc

Cropper(James) PLC - Director/PDMR Shareholding

RNS Number : 4235B
Cropper(James) PLC
30 January 2020
 

30 January 2020

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 28 January 2020 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 609 ordinary shares of 25p each ("Shares") in the Company to two participants of the SIP Scheme.

 

The Shares were awarded to the participants on:

Date of award

Number of Shares

Price per Share

20 July 2015

242

506.8p

18 July 2016

174

734.25p

25 July 2017

94

1682.5p

19 July 2018

99

1461.5p

 

Beneficial rights to participants are recognised immediately upon award.

 

The SIP trust holds Shares for a 5-year period from the date of the award and then transfers the Shares to the participants. The Shares have been transferred to the participants earlier as, under the Scheme rules, the participants are deemed to be leavers.

 

As a result of the above transactions, the JC SIP Plan is interested in 125,032 Shares, representing 1.3% of the issued share capital of the Company.

 

As a result of the change in interest of the JC SIP Plan, the non-beneficial interest of David Nicholson (PDMR) was decreased by 609 Shares.

 

 

Enquiries:

James Cropper PLC (AIM: CRPR)

Isabelle Maddock, Group Finance Director

Jim Aldridge, Company Secretary

Tel: +44 (0) 1539 722002

www.jamescropper.com

     Shore Capital

     Robert Finlay, Henry Willcocks

     Anita Ghanekar, John More

     Tel:  + 44 (0) 207 408 4090

    

 

 

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

  1

 

Details of the person discharging managerial responsibilities / person closely associated 

a)

 

Names 

David Nicholson

2

 

Reason for the notification

a)

 

Position/status

 

PDMR, Group HR Director

b)

 

Initial notification /Amendment 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a)

 

Name 

James Cropper plc

b)

 

LEI

213800XM78VTDYGBRM93

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

 

Ordinary Shares of 25p each

b)

Identification code 

 

GB0002346053

c)

 

Nature of the transaction 

 

Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to leavers of the scheme.

d)

 

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

589

0.00

20

d)

 

Aggregated information 

- Aggregated volume

- Price

 

609

0.00

e)

 

Date of the transaction 

28 January 2020

f)

 

Place of the transaction

Off Exchange

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
DSHFIFETLVIIVII

Quick facts: James Cropper plc

Price: 950

Market: AIM
Market Cap: £90.77 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE