Norcros PLC Director Shareholding (0207U)
March 26 2019 - 4:28AM
UK Regulatory
TIDMNXR
RNS Number : 0207U
Norcros PLC
26 March 2019
Norcros plc
("Norcros" or "the Company")
Director Shareholding
Norcros announces that, on 25 March 2019, Mr Martin Towers,
Chairman of the Company, transferred 40,379 shares to his wife, Mrs
Emma Towers, for nil consideration.
The following notifications are made in accordance with the
requirements of Article 19(3) of the EU Market Abuse
Regulation.
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 Non-Executive Chairman
-------------------------- -----------------------------------------------
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 repeated for (i)
A 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 Ordinary Share of 10 pence
financial instrument,
type of instrument
GB00BYYJL418
Identification code
-------------------------- -----------------------------------------------
b) Nature of the transaction Transfer of shares to spouse, Mrs Emma Towers.
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.00p 40,379
----------
-------------------------- -----------------------------------------------
d) Aggregated information
- Aggregated volume * N/A
- Price
* N/A
-------------------------- -----------------------------------------------
e) Date of the transaction 25 March 2019
-------------------------- -----------------------------------------------
f) Place of the transaction Eastbourne, England
-------------------------- -----------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
---------------------------------------------------------------------------
a) Name Emma Towers
-------------------------- -----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Person closely associated with Mr Martin
Towers, Non-Executive Chairman
-------------------------- -----------------------------------------------
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 repeated for (i)
A 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 Ordinary Share of 10 pence
financial instrument,
type of instrument
GB00BYYJL418
Identification code
-------------------------- -----------------------------------------------
b) Nature of the transaction Transfer of shares from spouse, Mr Martin
Towers.
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.00p 40,379
----------
-------------------------- -----------------------------------------------
d) Aggregated information
- Aggregated volume * N/A
- Price
* N/A
-------------------------- -----------------------------------------------
e) Date of the transaction 25 March 2019
-------------------------- -----------------------------------------------
f) Place of the transaction Eastbourne, England
-------------------------- -----------------------------------------------
Further enquiries:
Norcros plc Tel: 01625 547 700
Nick Kelsall, Group Chief
Executive
Martin Towers, Chairman
Hudson Sandler Tel: 0207 796 4133
Nick Lyon
Nelly Akpaka
Notes to Editors
-- Norcros is a leading supplier of high quality and innovative
bathroom and kitchen products with operations primarily in the UK
and South Africa
-- Based in the UK, Norcros operates under seven brands:
o Triton - Market leader in the manufacture and marketing of
showers in the UK
o Merlyn - the UK and Ireland's No. 1 supplier of shower
enclosures and trays to the residential, commercial and hospitality
sectors
o Vado - A leading manufacturer and supplier of taps, mixer
showers, bathroom accessories and valves
o Croydex - A market-leading, innovative designer, manufacturer
and distributor of high-quality bathroom furnishings and
accessories
o Abode - A leading niche designer and distributor of
high-quality kitchen taps, bathroom taps and kitchen sinks
o Johnson Tiles - A leading manufacturer and supplier of ceramic
tiles in the UK
o Norcros Adhesives - Manufacturer of tile & stone
adhesives, grouts and related products
-- Based in South Africa, Norcros operates under three brands:
o Tile Africa - Chain of retail stores focused on ceramic and
porcelain tiles, and associated products such as sanitary ware,
showers and adhesives
o Johnson Tiles South Africa - Manufacturer of ceramic and
porcelain tiles
o TAL - The leading manufacturer of ceramic and building
adhesives
-- Norcros is headquartered in Wilmslow, Cheshire and employs
around 2,100 people. The Company is listed on the London Stock
Exchange. For further information please visit the Company website:
http://www.norcros.com
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END
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