TIDMNXR

RNS Number : 4034X

Norcros PLC

23 November 2017

Norcros plc ("Norcros" or "the Company")

Directors' Dealings - Acquisition of shares pursuant to Capital Raising

Sharedealing Information

Norcros announces that the Company has today been notified of the following sharedealings by the Directors of the Company. These sharedealings are the acquisition of new ordinary shares of 10p each ("Shares") by each Director pursuant to the Open Offer (with excess application facility) announced by the Company on 2 November 2017 and which took effect today.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation ("MAR"), provide further details.

The aggregate numbers of Shares in which the Directors are interested before and after these sharedealings are as follows:

 
 Name            Number of Shares  Number of     Number of Shares 
                  held (before)     new Shares    held (after) 
                                    subscribed 
                                    for 
---------------  ----------------  -----------  ----------------- 
 Martin 
  Towers                  134,454       26,363            160,817 
---------------  ----------------  -----------  ----------------- 
 David McKeith             15,000        2,941             17,941 
---------------  ----------------  -----------  ----------------- 
 Jo Hallas                 20,000        3,921             23,921 
---------------  ----------------  -----------  ----------------- 
 Nick Kelsall             915,884      235,507          1,151,391 
---------------  ----------------  -----------  ----------------- 
 Shaun Smith               20,000        5,920             25,920 
---------------  ----------------  -----------  ----------------- 
 

All of the Share subscriptions were at the Open Offer price of 172.0p per Share.

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                       Martin Towers 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Chairman, Non-Executive Director 
---  -------------------------  --------------------------------- 
 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 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    172p       26,363 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               *    26,363 
       - Price 
 
                                         *    172p 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    23 November 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   Wilmslow, Cheshire, England 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       David McKeith 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Non-Executive Director 
---  -------------------------  --------------------------------- 
 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 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    172p       2,941 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               *    2,941 
       - Price 
 
                                         *    172p 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    23 November 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   Wilmslow, Cheshire, England 
---  -------------------------  --------------------------------- 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       Jo Hallas 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Non-Executive Director 
---  -------------------------  --------------------------------- 
 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 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    172p       3,921 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               *    3,921 
       - Price 
 
                                         *    172p 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    23 November 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   Wilmslow, Cheshire, England 
---  -------------------------  --------------------------------- 
 
 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 
       transaction 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    172p       235,507 
                                   ---------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume               *    235,507 
       - Price 
 
                                         *    172p 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    23 November 2017 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   Wilmslow, Cheshire, England 
---  -------------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                       Shaun Smith 
---  -------------------------  ---------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status            Group Finance Director 
---  -------------------------  ---------------------------- 
 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 
       transaction 
---  -------------------------  ---------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ---------- 
                                    172p       5,920 
                                   ---------  ---------- 
---  -------------------------  ---------------------------- 
 d)   Aggregated information 
       - Aggregated volume               *    5,920 
       - Price 
 
                                         *    172p 
---  -------------------------  ---------------------------- 
 e)   Date of the transaction    23 November 2017 
---  -------------------------  ---------------------------- 
 f)   Place of the transaction   Wilmslow, Cheshire, England 
---  -------------------------  ---------------------------- 
 

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 
 Fern Duncan 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHBJBRTMBMTBAR

(END) Dow Jones Newswires

November 23, 2017 12:06 ET (17:06 GMT)

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