Last checked at 10 Mar 2017 13:33
10 March 2017
James Cropper PLC (the 'Company')
Issue of equity and Notification of Transactions of
Persons Discharging Managerial Responsibility ("PDMR")
The Company has been notified today that, on 8 March 2017, the Trustees of James Cropper PLC Share Incentive Plan ("JC SIP Plan") transferred 882 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 |
16 July 2012 | 166 | 180.8p |
23 July 2013 | 122 | 266.4p |
21 July 2014 | 137 | 383.5p |
20 July 2015 | 242 | 506.8p |
18 July 2016 | 215 | 734.25p |
Beneficial rights to the participant are recognised immediately upon reward.
The SIP trust holds the Shares for a 5 year period from award and then transfers the Shares to the participant. 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 transaction, the JC SIP Plan is interested in 175,515 Shares, representing 1.9% 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 decreased by:
David Nicholson 882 Shares
Enquiries:
James Cropper PLC (Aim:CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary www.cropper.com | +44 (0) 1539 722002
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Stockdale Securities Limited Robert Finlay David Coaten www.stockdalesecurities.com | +44 (0) 207 601 6100 |