Cropper(James) PLC Directors' Dealings (3166I)

TIDMCRPR

RNS Number : 3166I

Cropper(James) PLC

08 August 2019

8 August 2019

James Cropper plc

(the "Company")

Directors' Dealings

The Company was notified on 7 August 2019 that on the same day, Mark Cropper, Chairman, purchased 4,464 ordinary shares of 25p each in the Company ("Shares") from two members of the Cropper family at a price of 1,120p per Share.

As a result of the above, Mark Cropper's resultant interest in the Company is as follows:

 
 Director      Beneficial      % of Issued      Non-beneficial    % of Issued 
                Shareholding    Share Capital    Shareholding      Share Capital 
Mark Cropper   1,832,552*      19.2%            559,571           5.9% 
 

* Includes 486,924 Shares pledged as security.

The members of the Cropper 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 resultant interest of the Concert Party, directly and indirectly comprises 3,612,693 Shares, representing 37.8% of the issued share capital of the Company.

Enquiries:

 
James Cropper PLC (AIM: CRPR)                  Shore Capital 
 Isabelle Maddock, Group Finance Director       Robert Finlay, Henry Willcocks 
 Jim Aldridge, Company Secretary                Richard Johnson 
 Tel: [phone]                       Tel: + 44 (0) 207 601 6100 
 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) 
                                                11.20      4,464 
                                                          ---------- 
       ------------------------------------  ------------------------------ 
 d)     Aggregated information 
   - Aggregated volume                         4,464 
   - Price                                      49,996.80 
 ------------------------------------------  ------------------------------ 
 e)     Date of the transaction               7 August 2019 
       ------------------------------------  ------------------------------ 
 f)     Place of the transaction              Off Exchange 
       ------------------------------------  ------------------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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August 08, 2019 02:02 ET (06:02 GMT)