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Disposal of Shares by Pension Scheme

8 Jul 2011 15:00

RNS Number : 0799K
Cropper(James) PLC
08 July 2011
 



8 July 2011

 

JAMES CROPPER PLC ("THE COMPANY")

 

Disposal of shares by James Cropper PLC Pension Scheme (the "Scheme")

 

The Company was notified on 8 July 2011 that on that day the Scheme had sold 90,000 ordinary shares of 25 pence each in the Company ('Ordinary Shares') at a price of £2.35 per share. Following this transaction the Scheme now holds 101,000 shares in the Company, representing 1.19% of the issued share capital and voting rights of the Company.

 

Executive Directors of the Company, Mr John Malcolm Denman and Mr Nigel Anthony Read are Trustees of the Scheme and are therefore deemed to have a non-beneficial interest in the Scheme.

 

Following this transaction, their beneficial and non-beneficial interests in the Company are:

 

Number of

Ordinary Shares

Percentage of

Issued share capital

John Malcolm Denman

Beneficial

7,716

0.09%

Non-beneficial

101,000

1.19%

Nigel Anthony Read

Beneficial

9,289

0.11%

Non-beneficial

101,000

1.19%

 

 

Enquiries

David Carey,

Company Secretary

Andrew Kitchingman,

Director, Corporate Finance

James Cropper PLC

Arbuthnot Securities Limited

Tel: 01539 722002

Tel: 0207 2012 2000

www.cropper.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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