Director/PDMR Shareholding

RNS Number : 6009T

Cropper(James) PLC

04 July 2018

 

4 July 2018

James Cropper Plc

(the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibility

("PDMR")

The Company was notified on 4 July 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 766 ordinary shares of 25p each ("Shares") in the Company to a participant of the SIP Scheme.

The Shares were awarded to the participant on:

Date of award	Number of Shares	Price per Share
23 July 2013	197	266.4p
21 July 2014	59	383.5p
20 July 2015	242	506.8p
18 July 2016	174	734.25p
25 July 2017	94	1682.5p

In addition, the Company was notified on 4 July 2018 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 82 ordinary shares of 25p each ("Shares") in the Company to Jan Mason, a PDMR and a participant of the SIP Scheme.

The Shares were awarded to the participant on:

Date of award	Number of Shares	Price per Share
25 July 2017	82	1682.5p

Beneficial rights to participants are recognised immediately upon reward.

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.

The beneficial interest in Shares for Jan Mason remains the same.

As a result of the above transactions, the JC SIP Plan is interested in 162,178 Shares, representing 1.7% 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 the following PDMR was decreased by:

David Nicholson                    848 Shares.

Enquiries:

James Cropper PLC (Aim:CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: [phone] www.cropper.com

Stockdale Securities Limited      Robert Finlay, Henry Willcocks      Richard Johnson      Tel:  + 44 (0) 207 601 6100      www.stockdalesecurities.com

 

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