18 Jul 2019 12:40
18 July 2019
James Cropper Plc
(the "Company")
Notification of Transaction of Person Discharging Managerial Responsibility
("PDMR")
The Company was notified on 18 July 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 802 ordinary shares of 25p each ("Shares") in the Company to three participants of the SIP Scheme.
The Shares were awarded to the participants on:
Date of award | Number of Shares | Price per Share |
21 July 2014 | 85 | 383.5p |
20 July 2015 | 202 | 506.8p |
18 July 2016 | 176 | 734.25p |
25 July 2017 | 181 | 1682.5p |
19 July 2018 | 158 | 1461.5p |
Beneficial rights to participants are recognised immediately upon reward.
The SIP trust holds Shares for a 5-year period from the date of the award and then transfers the Shares to the participants. The Shares have been transferred to the participants earlier as, under the Scheme rules, the participants are deemed to be leavers.
As a result of the above transactions, the JC SIP Plan is interested in 136,550 Shares, representing 1.4% 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 David Nicholson (PDMR) was decreased by 802 Shares.
Enquiries:
James Cropper PLC (AIM: CRPR) Isabelle Maddock, Group Finance Director Jim Aldridge, Company Secretary Tel: +44 (0) 1539 722002 www.jamescropper.com | Shore Capital Robert Finlay, Henry Willcocks Richard Johnson Tel: + 44 (0) 207 408 4090
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Cropper (J) (CRPR)