Last checked at 23 Nov 2017 17:06
Norcros plc ("Norcros" or "the Company")
Directors' Dealings - Acquisition of shares pursuant to Capital Raising
Sharedealing Information
Norcros announces that the Company has today been notified of the following sharedealings by the Directors of the Company. These sharedealings are the acquisition of new ordinary shares of 10p each ("Shares") by each Director pursuant to the Open Offer (with excess application facility) announced by the Company on 2 November 2017 and which took effect today.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation ("MAR"), provide further details.
The aggregate numbers of Shares in which the Directors are interested before and after these sharedealings are as follows:
Name | Number of Shares held (before) | Number of new Shares subscribed for | Number of Shares held (after) |
Martin Towers | 134,454 | 26,363 | 160,817 |
David McKeith | 15,000 | 2,941 | 17,941 |
Jo Hallas | 20,000 | 3,921 | 23,921 |
Nick Kelsall | 915,884 | 235,507 | 1,151,391 |
Shaun Smith | 20,000 | 5,920 | 25,920 |
All of the Share subscriptions were at the Open Offer price of 172.0p per Share.
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 | Martin Towers | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chairman, Non-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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
- 26,363 - 172p
| ||||
e)
| Date of the transaction
| 23 November 2017 | ||||
f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David McKeith | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
- 2,941 - 172p
| ||||
e)
| Date of the transaction
| 23 November 2017 | ||||
f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Jo Hallas | ||||
2 | Reason for the notification | |||||
a) | Position/status | Non-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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
- 3,921 - 172p
| ||||
e)
| Date of the transaction
| 23 November 2017 | ||||
f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nick Kelsall | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Chief Executive | ||||
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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
- 235,507 - 172p
| ||||
e)
| Date of the transaction
| 23 November 2017 | ||||
f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Shaun Smith | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Finance 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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
- 5,920 - 172p
| ||||
e)
| Date of the transaction
| 23 November 2017 | ||||
f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
Further enquiries:
Norcros plc | Tel: 01625 547 700 |
Nick Kelsall, Group Chief Executive Shaun Smith, Group Finance Director | |
Hudson Sandler | Tel: 0207 796 4133 |
Nick Lyon | |
Charlie Jack | |
Fern Duncan |