Director Shareholding

RNS Number : 7022R
Norcros PLC
09 March 2021
 

Norcros plc

("Norcros", the "Group" or "the Company")

 9 March 2021

Director Shareholding

The Company was notified on 9 March 2021 that on the same day Nick Kelsall, the Chief Executive Officer, exercised options over 11,278 10p ordinary shares in the Company ("Shares") under the Norcros plc Savings Related Share Option Scheme, at an option price of 159.6p and retained the resulting Shares, which following the option exercise were gifted to Mr Kelsall's wife, Susan Kelsall.

Following this acquisition, Nick Kelsall is interested in 1,675,686 Shares in total.

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

Chief Executive Officer

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 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

159.6p

 

11,278

d)

 

Aggregated information

- Aggregated volume

- Price

 

-  11,278

-  159.6p

 

e)

 

Date of the transaction

 

9 March 2021

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 

Further enquiries:

Norcros plc  Hudson Sandler

Tel: 01625 547700  Tel: 0207 796 4133

Nick Kelsall, Chief Executive Officer  Nick Lyon

Shaun Smith, Chief Financial Officer

 

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