RNS Number : 2436G
Cropper(James) PLC
24 November 2020
24 November 2020
James Cropper Plc
(the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibility
("PDMRs")
The Company has been notified on 23 November 2020 that on the same day the Trustees of the James Cropper Plc Share Incentive Plan ("JC SIP Plan") awarded 13,544 ordinary shares of 25p each in the Company ("Shares") to participants of the SIP Scheme at a price of 1124.0p per Share. The award of the Shares forms part of the settlement of bonuses earned last year and deferred due to the impact of Covid-19 until the Company was assured that it was in a position to pay.
Under the SIP rules, Shares to be issued to participants are held by the SIP Trustees in their capacity as Trustees. After a holding period of five years, the Shares held by the SIP Trustees are transferred to the participants. The beneficial rights to the participants are recognised immediately upon award.
As a result of the above, the interests in the following PDMRs has increased by:
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Karl Cookson
|
PDMR
|
105 Shares
|
|
Karen Wright
|
PDMR
|
57 Shares
|
As a result of the above transaction, the interests of the JC SIP Plan remains unchanged at 102,354 Shares, representing 1.1% of the issued share capital of the Company.
Enquiries:
|
James Cropper PLC (AIM: CRPR)
Isabelle Maddock, Chief Financial Officer
Jim Aldridge, Company Secretary
Tel: +44 (0) 1539 722002
www.jamescropper.com
|
Shore Capital
Robert Finlay, Henry Willcocks
John More
Tel: + 44 (0) 20 7601 6100
|
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
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1
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Details of the person discharging managerial responsibilities / person closely associated
|
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a)
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Names
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Karl Cookson
|
|
2
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Reason for the notification
|
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a)
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Position/status
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PDMR, Senior Technical Lead
|
|
b)
|
Initial notification /Amendment
|
Initial Notification
|
|
3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
James Cropper plc
|
|
b)
|
LEI
|
213800XM78VTDYGBRM93
|
|
4
|
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)
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Description of the financial instrument, type of instrument
|
Ordinary Shares of 25p each
|
|
b)
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Identification code
|
GB0002346053
|
|
c)
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Nature of the transaction
|
Transfer of Shares to participant of the SIP Scheme to be held in Trust by the Trustees of the James Cropper Share Incentive Plan for a period of five years.
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
11.24
|
105
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
105
1180.20
|
|
e)
|
Date of the transaction
|
23 November 2020
|
|
f)
|
Place of the transaction
|
Off Exchange
|
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Names
|
Karen Wright
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR, Secretary to the Directors
|
|
b)
|
Initial notification /Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
James Cropper plc
|
|
b)
|
LEI
|
213800XM78VTDYGBRM93
|
|
4
|
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
|
Ordinary Shares of 25p each
|
|
b)
|
Identification code
|
GB0002346053
|
|
c)
|
Nature of the transaction
|
Transfer of Shares to participant of the SIP Scheme to be held in Trust by the Trustees of the James Cropper Share Incentive Plan for a period of five years.
|
|
d)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
11.24
|
57
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
57
640.68
|
|
e)
|
Date of the transaction
|
23 November 2020
|
|
f)
|
Place of the transaction
|
Off Exchange
|
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