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Croda International (CRDA)

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Monday 14 June, 2010

Croda International

Director/PDMR Shareholding

RNS Number : 5915N
Croda International PLC
14 June 2010
 



Croda International Plc

 

14 June 2010

 

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 14 June 2010, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 10 June 2010. 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 4,905 ordinary shares by purchase in the market on 10 June 2010 at a total cost of £50,803.03 and allocated them to employees participating in the SIP as partnership shares. 

 

2.

The SIP trustee (Capita IRG Trustees Limited) also acquired 4,905 ordinary shares by purchase in the market on 10 June 2010 at a total cost of £50,803.03 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 1027p 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 95 ordinary shares by purchase in the market at a price of 1027p per ordinary share on 10 June 2010 at a total cost of £983.95 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

12

12

N/A

M S Christie

Executive Director

12

12

N/A

D E Barraclough

PDMR

12

12

N/A

S E Foots

PDMR

12

12

N/A

K Layden

PDMR

12

12

N/A

G L Myers

PDMR

12

12

71

K M Nutbrown

PDMR

12

12

N/A

A L Scott

PDMR

12

12

24

 

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


 


This information is provided by RNS
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