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Director/PDMR Shareholding

19 Mar 2019 07:00

RNS Number : 2213T
Cropper(James) PLC
19 March 2019
 

19 March 2019

 

James Cropper Plc

(the "Company")

 

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

 

The Company was notified on 18 March 2019 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 2,202 ordinary shares of 25p each ("Shares") in the Company to four participants of the SIP Scheme.

 

The Shares were awarded to the participant on:

Date of award

Number of Shares

Price per Share

21 July 2014

137

383.5p

20 July 2015

697

506.8p

18 July 2016

764

734.25p

25 July 2017

367

1682.5p

19 July 2018

237

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 137,352 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 2,202 Shares.

 

 

 

Enquiries:

James Cropper PLC (Aim:CRPR)

Isabelle Maddock, Group Finance Director

Jim Aldridge, Company Secretary

Tel: +44 (0) 1539 722002

www.cropper.com

Stockdale Securities Limited

Robert Finlay, Henry Willcocks

Richard Johnson

Tel: + 44 (0) 207 601 6100

www.stockdalesecurities.com

 

 

 

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