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Croda International (CRDA)

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Monday 13 December, 2010

Croda International

Director/PDMR Shareholding

RNS Number : 8672X
Croda International PLC
13 December 2010
 



Croda International Plc

 

13 December 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 13 December 2010, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 10 December 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 3,656 ordinary shares by purchase in the market on 10 December 2010 at a total cost of £56,302.15 and allocated them to employees participating in the SIP as partnership shares.

 

2.

The SIP trustee (Capita IRG Trustees Limited) also acquired 3,656 ordinary shares by purchase in the market on 10 December 2010 at a total cost of £56,302.15 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 1527p per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below:

 

Name

Role

 

 

Number of ordinary

shares purchased

Number of matching

shares allocated

M Humphrey

Executive Director

9

9

M S Christie

Executive Director

8

8

S E Foots

Executive Director

9

9

D E Barraclough

PDMR

9

9

K Layden

PDMR

9

9

G L Myers

PDMR

9

9

K M Nutbrown

PDMR

9

9

A L Scott

PDMR

8

8

 

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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