TIDMCRPR

RNS Number : 7618R

Cropper(James) PLC

26 September 2017

26 September 2017

James Cropper Plc

(the "Company")

Notification of Transaction of Person Discharging Managerial Responsibility

("PDMR")

The Company was notified on 25 September 2017 that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 766 ordinary shares of 25p each ("Shares") in the Company to a participant of the SIP Scheme.

The Shares were awarded to the participant on:

 
 Date of award    Number of Shares   Price per Share 
---------------  -----------------  ---------------- 
 23 July 2013     197                266.4p 
---------------  -----------------  ---------------- 
 21 July 2014     59                 383.5p 
---------------  -----------------  ---------------- 
 20 July 2015     242                506.8p 
---------------  -----------------  ---------------- 
 18 July 2016     174                734.25p 
---------------  -----------------  ---------------- 
 25 July 2017     94                 1682.5p 
---------------  -----------------  ---------------- 
 

In addition, the Company was notified on 25 September that, on the same day, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 614 Shares in the Company to a participant of the SIP Scheme.

The Shares were awarded to the participant on:

 
 Date of award    Number of Shares   Price per Share 
---------------  -----------------  ---------------- 
 23 July 2013     122                266.4p 
---------------  -----------------  ---------------- 
 21 July 2014     59                 383.5p 
---------------  -----------------  ---------------- 
 20 July 2015     183                506.8p 
---------------  -----------------  ---------------- 
 18 July 2016     174                734.25p 
---------------  -----------------  ---------------- 
 25 July 2017     76                 1682.5p 
---------------  -----------------  ---------------- 
 

Beneficial rights to the 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 transaction, the JC SIP Plan is interested in 166,344 Shares, representing 1.8% if 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 decreased by:

   David Nicholson                    1,380 Shares. 

In addition, the Company was notified on 25 September 2017 that on the same day, David Nicholson, a PDMR of the Company, sold 545 Shares at a price of 1895.0p per Share.

As a result, David Nicholson's beneficial interest has decreased by 545 Shares.

Enquiries:

 
 James Cropper PLC (Aim:CRPR)          Stockdale Securities 
  Isabelle Maddock, Group               Limited 
  Finance Director                      Robert Finlay, David 
  Jim Aldridge, Company                 Coaten 
  Secretary                             Tel: + 44 (0) 207 
  Tel: +44 (0) 1539 722002              601 6100 
  www.cropper.com                       www.stockdalesecurities.com 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 26, 2017 02:01 ET (06:01 GMT)

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