Last checked at 1 Jul 2011 16:52
1 July 2011
JAMES CROPPER PLC ("THE COMPANY")
Disposal of shares by James Cropper PLC Pension Scheme (the "Pension Scheme") and acquisition of shares by James Cropper PLC on behalf of James Cropper PLC Share Incentive Scheme (the "Share Incentive Scheme")
The Company was notified on 1 July 2011 that on that day the Pension Scheme had sold 25,000 ordinary shares of 25 pence each in the Company ('Ordinary Shares') at a price of £2.25 per share. Following this transaction the Pension Scheme now holds 336,000 shares in the Company, representing 4.0% of the issued share capital and voting rights of the Company.
Executive Directors of the Company, Mr John Malcolm Denman and Mr Nigel Anthony Read are Trustees of the Scheme and are therefore deemed to have a non-beneficial interest in the Scheme.
Following this transaction, their beneficial and non-beneficial interests in the Company are:
Number of Ordinary Shares | Percentage of Issued share capital | |
John Malcolm Denman | ||
Beneficial | 7,716 | 0.09% |
Non-beneficial | 336,000 | 4.0% |
Nigel Anthony Read | ||
Beneficial | 9,289 | 0.11% |
Non-beneficial | 336,000 | 4.0% |
The Company also announces that today, it acquired 25,000 Ordinary Shares of 25 pence each in the Company at a price of £2.25 per share on behalf of the James Cropper PLC Share Incentive Scheme. Following this transaction, the Share Incentive Scheme holds 41,626 Ordinary Shares in the Company, representing 0.5% of the issued share capital and voting rights of the Company.
Enquiries | |
David Carey, Company Secretary | Andrew Kitchingman, Director, Corporate Finance |
James Cropper PLC | Arbuthnot Securities Limited |
Tel: 01539 722002 | Tel: 0207 2012 2000 |
www.cropper.com |