Cropper(James) PLC Issue of Equity and Director/PDMR Dealing (7069J)
13 September 2016 - 9:19PM
UK Regulatory
TIDMCRPR
RNS Number : 7069J
Cropper(James) PLC
13 September 2016
13 September 2016
James Cropper PLC (the 'Company')
Issue of equity and Notification of Transactions of
Persons Discharging Managerial Responsibility ("PDMR")
Issue of equity
The Company announces that on 13 September 2016, it issued and
allotted 29,225 new ordinary shares of 25p each in the Company
("Shares") pursuant to the exercise of SAYE Scheme options.
Application has been made to the London Stock Exchange for the
Shares to be admitted to trading on AIM ("Admission"), and it is
expected that Admission will become effective and trading will
commence at 8.00am on 19 September 2016.
Following Admission of the Shares the Company's enlarged issued
share capital will comprise 9,444,196 ordinary shares. The Company
does not hold any ordinary Shares in treasury. Therefore the total
number of ordinary Shares in the Company will be 9,444,196. This
figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
PDMR dealings
Sale of Shares
The Company was notified today that on 12 September 2016, Robert
Maddock, the husband of Isabelle Maddock, a Director of the
Company, sold 1,100 Shares at a price of 935.0 pence per Share.
Acquisition of Shares by the Trustees of James Cropper PLC Share
Incentive Plan
The Company was notified today that on 13 September 2016 the
Trustees of James Cropper PLC Share Incentive Plan ("JC SIP Plan")
acquired 2,237 Shares at a price of 952.5 pence per Share. This was
to satisfy future releases under the James Cropper PLC Share
Incentive Plan, in which participants, including executive
directors, have a potential interest subject to the achievement of
performance targets.
As a result of the above transaction, the JC SIP Plan is
interested in 142,584 Shares, representing 1.5% 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 increased
by:
David Nicholson 2,237 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
This information is provided by RNS
The company news service from the London Stock Exchange
END
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