Cropper(James) PLC Director Dealing (7145T)

TIDMCRPR

RNS Number : 7145T

Cropper(James) PLC

29 March 2021

29 March 2021

James Cropper Plc

(the "Company")

Director Dealing

The Company has been notified on 26 March 2021 that on the same day, Mark Cropper, Chairman of the Company, purchased 14,015 ordinary shares of 25p each in the Company ("Shares") from three members of the Cropper family and two members of the Willink family at a price of 1,100p per Share.

Further, on the same day, Mark Cropper purchased 2,330 Shares at a price of 1,150p per Share under the bounce back rules.

Following the transactions, Mark Cropper's share interest remains unchanged as follows:

 
                    Beneficial      % of Issued   Non-beneficial      % of Issued 
      Director    Shareholding    Share Capital     Shareholding    Share Capital 
  Mark Cropper      1,851,146*            19.4%          559,571             5.9% 
                --------------  ---------------  ---------------  --------------- 
 

* Includes 486,924 Shares pledged as security.

The members of the Cropper family, the Willink family and Mark Cropper are deemed to be acting in concert and regarded by the Takeover Panel to be members of the concert party detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party"). The total interest of the Concert Party, directly and indirectly, is 3,611,425 Shares, representing 37.8% 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: [phone] 
  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                                 Mark Cropper 
       ------------------------------------  ------------------------------ 
 2      Reason for the notification 
       -------------------------------------------------------------------- 
 a)     Position/status                       Director, Chairman 
       ------------------------------------  ------------------------------ 
 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             Buy 
       ------------------------------------  ------------------------------ 
 d)     Price(s) and volume(s)                 Price(s)   Volume(s) 
                                                11.00      14,015 
                                                11.50      2,330 
                                                          ---------- 
       ------------------------------------  ------------------------------ 
 d)     Aggregated information 
   - Aggregated volume                         16,345 
   - Price                                      11.07 
 ------------------------------------------  ------------------------------ 
 e)     Date of the transaction               26 March 2021 
       ------------------------------------  ------------------------------ 
 f)     Place of the transaction              Off Exchange - 14,015 Shares 
                                              London Stock Exchange (XLON) 
                                               - 2,330 Shares 
 ------------------------------------------  ------------------------------ 
 

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March 29, 2021 02:00 ET (06:00 GMT)