7 Dec 2016 11:53
7 December 2016
James Cropper PLC (the 'Company')
Issue of equity and Notification of Transactions of
Persons Discharging Managerial Responsibility ("PDMR")
The Company was notified on 5 December that on 1 December 2016 the Trustees of James Cropper PLC Share Incentive Plan ("JC SIP Plan") transferred 378 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 |
20 July 2015 | 202 | 506.8p |
18 July 2016 | 176 | 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 would be transferred to the participant earlier if under the Scheme rules the participant was deemed to be a leaver.
As a result of the above transaction, the JC SIP Plan is interested in 167,206 Shares, representing 1.8% 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 378 Shares
Enquiries:
James Cropper PLC (Aim:CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary www.cropper.com | 01539 722002
|
Stockdale Securities Limited Robert Finlay David Coaten www.stockdalesecurities.com | 020 7601 6100 |
Cropper (J) (CRPR)