Last checked at 26 Feb 2009 16:59
26 February 2009
James Cropper PLC ("the Company")
Purchase of shares by James Cropper PLC Pension Scheme ("the Scheme")
The Company was notified on 26th February 2009 that the Scheme had purchased 112,500 ordinary shares of 25 pence each in the Company ("Ordinary Shares") at a price of 83 pence per Ordinary Share. Following this purchase the Scheme now holds 331,000 Ordinary Shares representing 3.91% per cent of the Company's issued ordinary share capital.
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 interest in the total issued share capital of the Company is as follows:
| No. of shares | Percentage | |
| John Malcolm Denman | ||
| Beneficial | 1,610 | 0.02% |
| Non-beneficial | 331,000 | 3.91% |
| Nigel Anthony Read | ||
| Beneficial | 3,289 | 0.04% |
| Non-beneficial | 331,000 | 3.91% |
The percentage calculations are based on 8,472,368 Ordinary Shares, which is the total issued share capital of the Company with voting rights.
Further information contact:
Brewin Dolphin Investment Banking Andrew Kitchingman: 0845 270 8610
James Cropper plc John Denman: 01539 722 002