TIDMCRPR

RNS Number : 6712U

Cropper(James) PLC

31 July 2020

31 July 2020

James Cropper Plc

(the "Company")

Notification of Transaction of Director

The Company was notified on 29 July 2020 that, on the same date, the Trustees of James Cropper Plc Share Incentive Plan ("JC SIP Plan") transferred 716 ordinary shares of 25p each ("Shares") in the Company to two participants of the SIP Scheme.

The above transfer included 337 shares transferred to Dave Watson, a Director of the Company. The Shares were awarded to him on:

 
 Date of award    Number of Shares   Price per Share 
 18 July 2016     176                734.25p 
                 -----------------  ---------------- 
 25 July 2017     82                 1682.5p 
                 -----------------  ---------------- 
 19 July 2018     79                 1461.5p 
                 -----------------  ---------------- 
 

Beneficial rights to participants are recognised immediately upon award.

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 transactions, the JC SIP Plan is interested in 103,464 Shares, representing 1.1% of the issued share capital of the Company.

Enquiries:

 
 James Cropper PLC (AIM: CRPR)             Shore Capital 
  Isabelle Maddock, Group Finance           Robert Finlay, Henry Willcocks 
  Director                                  John More 
  Jim Aldridge, Company Secretary           Tel: + 44 (0) 20 7601 6100 
  Tel: +44 (0) 1539 722002 
  www.jamescropper.com 
 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Names                               Dave Watson 
       ----------------------------------  -------------------------------- 
 2      Reason for the notification 
       -------------------------------------------------------------------- 
 a)     Position/status                     PDMR, Chief Operations Officer 
       ----------------------------------  -------------------------------- 
 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        Ordinary Shares of 25p each 
         instrument, type of instrument 
       ----------------------------------  -------------------------------- 
 b)     Identification code                 GB0002346053 
       ----------------------------------  -------------------------------- 
 c)     Nature of the transaction           Transfer of ownership of Shares 
                                             held in the James Cropper Plc 
                                             Share Incentive Plan ("SIP") 
                                             on being deemed to be a leaver 
       ----------------------------------  -------------------------------- 
 d)     Price(s) and volume(s)               Price(s)   Volume(s) 
                                              0.00       337 
       ----------------------------------  -------------------------------- 
 d)     Aggregated information 
   - Aggregated volume                       337 
   - Price                                    0.00 
 ----------------------------------------  -------------------------------- 
 e)     Date of the transaction             29 July 2020 
       ----------------------------------  -------------------------------- 
 f)     Place of the transaction            Off Exchange 
       ----------------------------------  -------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 31, 2020 02:00 ET (06:00 GMT)

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