Last checked at 26 Sep 2017 07:00
26 September 2017
James Cropper Plc
(the "Company")
Notification of Transaction of Person Discharging Managerial Responsibility
("PDMR")
The Company was notified on 25 September 2017 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 25 September that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 614 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 | 122 | 266.4p |
21 July 2014 | 59 | 383.5p |
20 July 2015 | 183 | 506.8p |
18 July 2016 | 174 | 734.25p |
25 July 2017 | 76 | 1682.5p |
Beneficial rights to the 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.
As a result of the above transaction, the JC SIP Plan is interested in 166,344 Shares, representing 1.8% if 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 1,380 Shares.
In addition, the Company was notified on 25 September 2017 that on the same day, David Nicholson, a PDMR of the Company, sold 545 Shares at a price of 1895.0p per Share.
As a result, David Nicholson's beneficial interest has decreased by 545 Shares.
Enquiries:
James Cropper PLC (Aim:CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: +44 (0) 1539 722002 www.cropper.com | Stockdale Securities Limited Robert Finlay, David Coaten Tel: + 44 (0) 207 601 6100 www.stockdalesecurities.com
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