Norcros PLC Directors Dealings (1028L)
28 September 2016 - 11:09PM
UK Regulatory
TIDMNXR
RNS Number : 1028L
Norcros PLC
28 September 2016
Norcros plc ("Norcros" or "the Company")
Directors' Dealings - APSP and DBP Share Option exercises and
subsequent share sale
Sharedealing Information
Norcros announces that the Company has today been notified of
the following sharedealings by Nick Kelsall, Group Chief Executive
of the Company, by way of the exercise of nil-cost share options
under the Company's Approved Performance Share Plan (the "APSP")
and Deferred Bonus Plan (the "DBP") over ordinary shares of ten
pence each in the Company ("Shares"), and the subsequent sale of
those Shares.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation ("MAR"), provides further
detail.
The aggregate numbers of Shares in which Nick Kelsall is
interested before and after these sharedealings are as follows:
Name Number of Shares Number of Shares
held (before) held (after)
-------------- ----------------- -----------------
Nick Kelsall 795,424 795,424
-------------- ----------------- -----------------
MAR Notification
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name Nick Kelsall
--- ------------------------- --------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Group Chief Executive
--- ------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- --------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -----------------------------------------------------------------
a) Name Norcros plc
--- ------------------------- --------------------------------------
b) LEI 213800EIMJZZA1GBIE18
--- ------------------------- --------------------------------------
4 Details of the transaction(s): section to be
A 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 Ordinary Share of 10 pence
the financial
instrument, type
of instrument GB00BYYJL418
Identification
code
--- ------------------------- --------------------------------------
b) Nature of the Acquisition - exercise of nil
transaction cost options under Approved Share
Performance Plan (APSP) and Deferred
Bonus Plan (DBP)
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ---------------
0.00p 133,088 shares
(APSP)
0.00p 30,632 shares
(DBP)
--------- ---------------
--- ------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume * 163,720
- Price
* Nil
--- ------------------------- --------------------------------------
e) Date of the transaction 27 September 2016
--- ------------------------- --------------------------------------
f) Place of the transaction Wilmslow, Cheshire, England
--- ------------------------- --------------------------------------
4 Details of the transaction(s): section to be
B 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 Ordinary Share of 10 pence
the financial
instrument, type
of instrument GB00BYYJL418
Identification
code
--- ------------------------- -----------------------------
b) Nature of the Sale
transaction
--- ------------------------- -----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ---------------
154.50p 163,720 shares
--------- ---------------
--- ------------------------- -----------------------------
d) Aggregated information n/a
- Aggregated volume
- Price
--- ------------------------- -----------------------------
e) Date of the transaction 27 September 2016
--- ------------------------- -----------------------------
f) Place of the transaction London Stock Exchange
--- ------------------------- -----------------------------
Further enquiries:
Norcros plc Tel: 01625 547 700
Nick Kelsall, Group
Chief Executive
Shaun Smith, Group
Finance Director
Hudson Sandler Tel: 0207 796 4133
Nick Lyon
Charlie Jack
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHEADNPAEPKEFF
(END) Dow Jones Newswires
September 28, 2016 09:09 ET (13:09 GMT)
Norcros (LSE:NXR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Norcros (LSE:NXR)
Historical Stock Chart
From Apr 2023 to Apr 2024