Director/PDMR Shareholding

RNS Number : 9759P

Croda International PLC

11 October 2011

 



Croda International Plc

11 October 2011

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that Croda International Plc ("the Company") was notified on 11 October 2011, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 10 October 2011. The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 10p each, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ("matching shares").

1.	The SIP trustee (Capita IRG Trustees Limited) acquired 3,483 ordinary shares by purchase in the market on 10 October 2011 at a total cost of £60,768.575 and allocated them to employees participating in the SIP as partnership shares.
2.	The SIP trustee (Capita IRG Trustees Limited) also acquired 3,483 ordinary shares by purchase in the market on 10 October 2011 at a total cost of £60,768.575 and allocated them to employees participating in the SIP as matching shares.
3.	The following directors and persons discharging managerial responsibilities purchased the number of ordinary shares of 10p set out against their names below, at a price of 1730p per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below.
4.	In addition, some of the persons named in the table below opted to reinvest their dividend payment in the SIP.  The SIP trustee (Capita IRG Trustees Limited) therefore also acquired 52 ordinary shares by purchase in the market at a price of 1702p on 10 October 2011 at a total cost of £892.62 on their behalf:

Name	Role	Number of ordinary shares purchased	Number of matching shares allocated	Number of ordinary shares purchased via dividend reinvestment
M Humphrey	Executive Director	8	8	N/A
M S Christie	Executive Director	7	7	N/A
S E Foots	Executive Director	8	8	N/A
D E Barraclough	PDMR	8	8	N/A
K Layden	PDMR	8	8	N/A
G L Myers	PDMR	8	8	11
K M Nutbrown	PDMR	8	8	12
A L Scott	PDMR	7	7	29

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Louise Scott

Company Secretary and Legal Counsel

Croda International Plc

 

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