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Last checked at 
17 Dec 2019 12:24
17 December 2019
James Cropper Plc
(the "Company")
Notification of Transaction of Person Discharging Managerial Responsibility
("PDMR")
The Company was notified on 16 December 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 621 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 |
20 July 2015 | 242 | 506.8p |
18 July 2016 | 215 | 734.25p |
25 July 2017 | 85 | 1682.5p |
19 July 2018 | 79 | 1461.5p |
Beneficial rights to participants are recognised immediately upon award.
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 participant earlier as, under the Scheme rules, the participant is deemed to be a leaver.
As a result of the above transactions, the JC SIP Plan is interested in 125,641 Shares, representing 1.3% of 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 David Nicholson (PDMR) was decreased by 621 Shares.
Enquiries:
James Cropper PLC (AIM: CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: +44 (0) 1539 722002 www.jamescropper.com | Shore Capital Robert Finlay, Henry Willcocks Anita Ghanekar, John More Tel: + 44 (0) 207 408 4090
|
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Names | David Nicholson | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| PDMR, Group HR Director | ||||
b)
| Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name | James Cropper plc | ||||
b)
| LEI | 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, type of instrument
| Ordinary Shares of 25p each | ||||
b) | Identification code
| GB0002346053 | ||||
c)
| Nature of the transaction
| Reduction in non-beneficial interest following the transfer of shares by the Trustees of the James Cropper plc Share Incentive Plan to a leaver of the scheme. | ||||
d)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price |
621 0.00 | ||||
e)
| Date of the transaction | 16 December 2019 | ||||
f)
| Place of the transaction | Off Exchange | ||||
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