Last checked at 6 Aug 2019 11:08
Norcros plc
("Norcros" or "the Company")
Director Shareholding
Norcros announces that, on 6 August 2019, Nick Kelsall, Group Chief Executive of the Company, acquired an interest in 4,418 ordinary shares of ten pence in the Company ("Shares") when these Shares were bought by his wife, Mrs Susan Kelsall, at a price of 208.5p per Share.
The aggregate numbers of Shares in which Nick Kelsall is interested after this share dealing is 1,400,000 Shares.
The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.
MAR Notification
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Susan Kelsall | ||||
2 | Reason for the notification | |||||
a) | Position/status | Person Closely Associated with Nick Kelsall, Group Chief Executive Director | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Norcros plc | ||||
b) | LEI | 213800EIMJZZA1GBIE18 | ||||
4 A
| 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
Identification code | Ordinary Share of 10 pence
GB00BYYJL418
| ||||
b) | Nature of the transaction | Purchase of shares | ||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information - Aggregated volume - Price |
- N/A - N/A
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e)
| Date of the transaction
| 6 August 2019 | ||||
f)
| Place of the transaction
| London, England | ||||
Further enquiries:
Norcros plc | Tel: 01625 547 700 |
Nick Kelsall, Group Chief Executive Shaun Smith, Group Finance Director |
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Hudson Sandler | Tel: 0207 796 4133 |
Nick Lyon Nelly Akpaka |
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Notes to Editors
·; Norcros is a market leading supplier of high quality and innovative bathroom and kitchen products with operations primarily in the UK and South Africa.
·; Based in the UK, Norcros operates under seven brands:
·; Triton - Market leader in the manufacture and marketing of showers in the UK
·; Merlyn - The UK and Ireland's No. 1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors
·; Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves
·; Croydex - A market-leading, innovative designer, manufacturer and distributor of high quality bathroom furnishings and accessories
·; Abode - A leading niche designer and distributor of high quality kitchen taps, bathroom taps and kitchen sinks
·; Johnson Tiles - The leading manufacturer and supplier of ceramic tiles in the UK
·; Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products
·; Based in South Africa, Norcros operates under four brands:
·; Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives
·; Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles
·; TAL - The leading manufacturer of ceramic and building adhesives
·; House of Plumbing - Market leading supplier of specialist plumbing materials
·; Norcros is headquartered in Wilmslow, Cheshire and employs around 2,200 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com