Cropper (J) Regulatory News (CRPR)

7 September 2016

James Cropper plc (the 'Company')

Issue of equity and Notification of Transactions of Persons Discharging Managerial Responsibility ("PDMR")

Issue of equity

The Company announces that on 6 September 2016, it issued and allotted 26,066 new ordinary shares of 25p each in the Company ("Shares") pursuant to the exercise of SAYE Scheme options.

Application has been made to the London Stock Exchange for the Shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will become effective and trading will commence at 8.00am on 13 September 2016.

Following Admission of the Shares the Company's enlarged issued share capital will comprise 9,414,971 ordinary shares. The Company does not hold any ordinary Shares in treasury. Therefore the total number of ordinary Shares in the Company will be 9,414,971. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

PDMR dealings

Exercise of options

The Company was notified on 6 September 2016 that, as part of the exercise of options referred to above, the following Director had on that date exercised options as listed below at a price of 199.52 pence per Share:

Patrick Willink (Director) 902 Shares

Transfer of Shares to spouse

The Company was notified on 6 September 2016 that Patrick Willink, a Director of the Company, transferred 902 Shares to his wife, Katie Willink.

As a result of the exercise of options referred to above and the transfer of Shares to his wife, the beneficial and non - beneficial interest for Patrick Willink is:

Total Holding Percentage of

Shares Issues Share Capital

Beneficial 56,601 0.60%

Non - beneficial 1,132,408 12.03%

Patrick Willink is regarded by the Takeover Panel to be a member of the concert party detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party").

The total interests of the Concert Party following these transactions, directly and indirectly, increased to 3,612,192 Shares, which represents 38.4% of the issued share capital of the Company.

Sale of Shares

The Company was notified on 6 September 2016 that Steve Atkinson, a PDMR of the Company, sold 1,353 Shares at a price of 987.5 pence per Share.

The Company was further notified on 6 September that Peter Gibson, the husband of Caroline Gibson, a PDMR of the Company, sold 1,150 Shares at a price of 975.0 pence per Share.

Acquisition of Shares by the Trustees of James Cropper PLC Share Incentive Plan

The Company was notified on 6 September 2016 that the Trustees of James Cropper PLC Share Incentive Plan ("JC SIP Plan") acquired 8,284 Shares at a price of 987.5 pence per Share. This was to satisfy future releases under the James Cropper PLC Share Incentive Plan, in which participants, including executive directors, have a potential interest subject to the achievement of performance targets.

As a result of the above transaction, the JC SIP Plan is interested in 140,347 Shares, representing 1.5% 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 the following PDMR was increased by:

David Nicholson 8,284 Shares

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