Norcros PLC Director's Dealings (1292J)

TIDMNXR

RNS Number : 1292J

Norcros PLC

11 August 2023

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

Director's Shareholding

Sharedealing Information

Norcros announces that the Company has been notified of the following sharedealings for Steve Good, Non-Executive Director and Board Chair.

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

The dealings are the purchase by Mr Good on 10 August 2023 of 15,000 10p ordinary shares in the Company ("Shares") at a price of 150.75 pence, and on 11 August 2023 of a further 15,000 Shares at a price of 150.125 pence. The aggregate numbers of Shares in which Mr Good is interested before and after these sharedealings are as follows:

 
 Name         Number of Shares  Number of Shares   Number of Shares 
               held (before)     added              held (after) 
 Steve Good             30,000            30,000             60,000 
              ----------------  ----------------  ----------------- 
 

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                        Steve Good 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Non-Executive Director and Board Chair 
     --------------------------  --------------------------------------- 
 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   Share purchase 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     150.75p     15,000 
                                      150.125p    15,000 
                                                ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                *    N/A 
       - Price 
 
                                          *    N/A 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     10 August 2023 
                                   11 August 2023 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------- 
 

Further enquiries:

 
 Norcros plc                         Tel: [phone] 
 Thomas Willcocks, Chief Executive 
  Officer 
  James Eyre, Chief Financial 
  Officer 
 
 Hudson Sandler                      Tel: [phone] 
  Nick Lyon 
 
 
 

Notes to Editors

Norcros is a market 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:

   --    Triton - Market leader in the manufacture and marketing of showers in the UK 

-- Merlyn - The UK and Ireland's No.1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors

-- Multipanel - Grant Westfield is a leading manufacturer of high-end waterproof bathroom wall panels

-- Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves

-- Croydex - A market-leading, innovative designer, manufacturer and distributor of high-quality bathroom furnishings and accessories

-- Abode - A leading niche designer and distributor of high-quality kitchen taps, bathroom taps, and kitchen sinks

   --    Johnson Tiles - The leading manufacturer and supplier of ceramic tiles in the UK 

Based in South Africa, Norcros operates under four brands:

-- Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitaryware, showers and adhesives

   --    Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles 
   --    TAL - The leading manufacturer of ceramic and building adhesives 
   --    House of Plumbing - Market leading supplier of specialist plumbing materials 

Norcros is headquartered in Wilmslow, Cheshire and employs around 2,400 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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August 11, 2023 11:36 ET (15:36 GMT)