31 July 2020
James Cropper Plc
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
25 July 2017
19 July 2018
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.
James Cropper PLC (AIM: CRPR)
Isabelle Maddock, Group Finance Director
Jim Aldridge, Company Secretary
Tel: +44 (0) 1539 722002
Robert Finlay, Henry Willcocks
Tel: + 44 (0) 20 7601 6100
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 / person closely associated
Reason for the notification
PDMR, Chief Operations Officer
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
James Cropper plc
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
Description of the financial instrument, type of instrument
Ordinary Shares of 25p each
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
Price(s) and volume(s)
- Aggregated volume
Date of the transaction
29 July 2020
Place of the transaction
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