TIDMCRPR

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:

 
 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)               Shore Capital 
  Isabelle Maddock, Chief Financial           Robert Finlay, Henry Willcocks 
  Officer                                     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                              Karl Cookson 
       ---------------------------------  ----------------------------------- 
 2      Reason for the notification 
       ---------------------------------------------------------------------- 
 a)     Position/status                    PDMR, Senior Technical Lead 
       ---------------------------------  ----------------------------------- 
 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 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                      105 
   - Price                                   1180.20 
 ---------------------------------------  ----------------------------------- 
 e)     Date of the transaction            23 November 2020 
       ---------------------------------  ----------------------------------- 
 f)     Place of the transaction           Off Exchange 
       ---------------------------------  ----------------------------------- 
 
 
        Details of the person discharging managerial responsibilities 
   1     / 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       Ordinary Shares of 25p each 
         instrument, type of instrument 
       ---------------------------------  ----------------------------------- 
 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                      57 
   - Price                                   640.68 
 ---------------------------------------  ----------------------------------- 
 e)     Date of the transaction            23 November 2020 
       ---------------------------------  ----------------------------------- 
 f)     Place of the transaction           Off Exchange 
       ---------------------------------  ----------------------------------- 
 

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November 24, 2020 02:00 ET (07:00 GMT)

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