Grant of Awards under Deferred Bonus Share Plan

Cropper(James) PLC

03 September 2026

 

3 September 2026

James Cropper plc

(the "Company")

Grant of Awards under Deferred Bonus Share Plan

James Cropper (AIM: CRPR), the Advanced Materials and Paper & Packaging group, announces that the following awards of options ("Options") were made on 2 September 2026 ("Award Date") under the James Cropper plc Deferred Bonus Share Plan 2023 ("DBSP"), to certain PDMRs over ordinary shares in the Company of 25p each ("Ordinary Shares"):

	PDMR	Position	Number of Ordinary Shares available under the Options 1
1.	David Stirling	Chief Executive Officer	16,825
2.	Andrew Goody	Chief Financial and Operations Officer	9,033
3.	Paul Barber	Managing Director, Paper & Packaging	2,052

¹ Determined using a price of 384.6p per Ordinary Share, being the Company's average closing price for the 10 trading days ending on 27 July 2026, being the day immediately prior to the scheduled payment date for awards under the Annual Incentive Plan.

The Options were awarded in respect of payments due under the Company's Annual Incentive Plan ("AIP") for the year ended 28 March 2026, and in accordance with the Directors Remuneration Policy which requires payments under the AIP to be deferred for three years and satisfied in shares to the extent that these exceed 25% of base salary.

The Options were awarded for nil-cost subject to the rules of the DBSP and will be exercisable from the third anniversary of the Award Date to the tenth anniversary of the Award Date, following which they will lapse.  Dividend equivalents will accrue on the Options during the deferral period and, to the extent that the Options vest, will be satisfied at the time of vesting in accordance with the rules of the DBSP.

In accordance with best practice, when granting awards and satisfying vested awards, the Remuneration Committee and the Board intends that any dilution of the Company's share capital arising through the issue of any new Ordinary Shares under all share schemes operated by the Company shall not exceed 10% in any 10-year period.

Enquiries:

James Cropper plc Matt Ratcliffe, General Counsel and Company Secretary	Tel: [phone]
Singer Capital Markets - NOMAD and Broker Jen Boorer, Sara Hale, Carl Diebitsch	Tel: [phone]
IFC Advisory - Financial PR Graham Herring, Tim Metcalfe, Zach Cohen	Tel: [phone] [e-mail]

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

1.	Details of person discharging managerial responsibilities/person closely associated
a)	Name	1.   David Stirling 2.   Andrew Goody 3.   Paul Barber
2.	Reason for the notification
a)	Position/status	1.   Chief Executive Officer 2.   Chief Financial Officer 3.   Managing Director, Paper & Packaging
b)	Initial notification/amendment	Initial Notification
3.	Details of the issuer
a)	Name	James Cropper plc
b)	Legal Entity Identifier	213800XM78VTDYGBRM93
4.	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	Ordinary Shares of 25 pence each
b)	Identification code of the Financial Instrument	GB0002346053
c)	Nature of the transaction	Award of nil-cost options under the Company's Deferred Bonus Share Plan 2023
d)	Currency	GBP
e)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil-Cost 16,825 2.   Nil-Cost 9,033 3.   Nil-Cost 2,052
f)	Aggregated information -      volume -      Price -      Total	N/A
g)	Date of the transaction	2 September 2026
h)	Place of the transaction	Outside trading venue

 

END