We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Cropper (james) Plc | LSE:CRPR | London | Ordinary Share | GB0002346053 | ORD 25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 5.00 | 1.96% | 260.00 | 250.00 | 270.00 | 260.00 | 255.00 | 255.00 | 19,386 | 13:00:51 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Paper Mills | 130.45M | 516k | 0.0540 | 48.15 | 24.84M |
From Apr 2021 to Apr 2024
TIDMCRPR
RNS Number : 3716I
Cropper(James) PLC
12 August 2021
12 August 2021
James Cropper Plc
(the "Company")
Grant of Awards under Long Term Incentive Plan
The Company announces that on 11 August 2021, pursuant to the Company's Long Term Incentive Plan ("LTIP"), conditional awards of ordinary shares of 25p each ("Shares"), or cash equivalent, were made to certain Directors, PDMRs and employees. The LTIP grants participating employees conditional right to become entitled to options with an exercise price of nil over Shares in the Company. Grant awards to Directors and PDMRs are set out below:
Hot Features
Premium
Grant Date: 11 August 2021 Award Reference Price: 1368.8p per Share
Maximum Number
of Shares options Nature of conditional
under LTIP award award
Mark Cropper Director 2,940 Cash award
--------- ------------------- ----------------------
Phil Wild Director 11,612 Free cost options
--------- ------------------- ----------------------
Steve Adams Director 6,112 Free cost options
--------- ------------------- ----------------------
Isabelle Maddock Director 6,112 Free cost options
--------- ------------------- ----------------------
Martin Thompson Director 6,112 Free cost options
--------- ------------------- ----------------------
Patrick Willink Director 5,700 Cash award
--------- ------------------- ----------------------
Jim Aldridge PDMR 646 Free cost options
--------- ------------------- ----------------------
Rachel Armer PDMR 646 Free cost options
--------- ------------------- ----------------------
Nick Barnes PDMR 710 Free cost options
--------- ------------------- ----------------------
Claire Brough PDMR 406 Free cost options
--------- ------------------- ----------------------
Caroline Noble PDMR 585 Free cost options
--------- ------------------- ----------------------
Conditional cash awards ("Cash Awards") grant participating employees a conditional right to be paid a cash amount based on the proceeds of the sale of a specified number of Shares following the vesting of the award.
The Remuneration Committee recognises the importance of incentivising and retaining key employees and is therefore supporting of awarding the LTIPs. The LTIPs will vest in 3 years' time and in the situation of increased profitability. Therefore, despite the current challenging environment, the committee recognises this award does not place any additional financial burden on the company today and reflects improved performance in future years.
The LTIP options are subject to the achievement of pre-determined performance conditions and become exercisable at the end of a pre-determined holding period from the date of the award. Further details are set out in the appendix below:
Appendix
The number of options that can be awarded to any participant in a financial year under the Plan, determined by reference to Company's 20-day average mid-market share price at the time of the award, is limited to a maximum of 75% of the participant's basic salary.
The LTIP awards are subject to the achievement of certain performance conditions, specific to each participant, as set out below:
Conditions of Award for Participants
(i) Earnings per share conditions
- Awards will vest in full on the third anniversary of the Award provided the growth in the Company's earnings per share, adjusted for IFRS pension adjustments and exceptional items, between the preceding financial year end when the award was granted and the preceding financial year end when the grant is vested exceed the increase in retail price index plus 20% per annum;
- Awards will vest at 25% on the third anniversary of the Award if the growth in the Company's earnings per share, adjusted for IFRS pension adjustments and exceptional items, between the preceding financial year end when the award was granted and the preceding financial year end when the grant is vested exceed the increase in retail price index plus 6.0% per annum;
- Awards will vest proportionally between 25% and 100% on the third anniversary of the Award if the growth in the Company's earnings per share, adjusted for IFRS adjustments and exceptional items, between the preceding financial year end when the award was granted and the preceding financial year end when the grant is vested exceed the increase in retail price index by more than 6.0% but less than 20% per annum; and
- Awards will lapse on the third anniversary of the Award if the growth in the Company's earnings per share, adjusted for IFRS pension adjustments and exceptional items, between the preceding financial year end when the award was granted and the preceding financial year end when the grant is vested, does not exceed the increase in retail price plus 6.0% per annum.
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: +44 (0) 1539 722002 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 Granting of cash settled Share
Options under the James Cropper
plc LTIP award
--------------------------------- ---------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 2,940
----------
--------------------------------- ---------------------------------
d) Aggregated information
- Aggregated volume 2,940
- Price 0.00
--------------------------------------- ---------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ---------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ---------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Phil Wild
--------------------------------- -----------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Director, Chief Executive Officer
--------------------------------- -----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award.
--------------------------------- -----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 11,612
----------
--------------------------------- -----------------------------------
d) Aggregated information
- Aggregated volume 11,612
- Price 0.00
--------------------------------------- -----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- -----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- -----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Steve Adams
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Director, Managing Director
of Paper Division
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 6,112
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 6,112
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Isabelle Maddock
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Director, Chief Financial Officer
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 6,112
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 6,112
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Martin Thompson
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Director, Managing Director
of TFP Division
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 6,112
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 6,112
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Patrick Willink
--------------------------- ------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Director, Managing Director of Colourform
Division
--------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------- ------------------------------------------
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 Ordinary Shares of 25p each
financial instrument,
type of instrument
--------------------------- ------------------------------------------
b) Identification code GB0002346053
--------------------------- ------------------------------------------
c) Nature of the transaction Granting of cash settled Share Options
under the James Cropper plc LTIP award
--------------------------- ------------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 5,700
----------
--------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume 5,700
- Price 0.00
--------------------------------- ------------------------------------------
e) Date of the transaction 11 August 2021
--------------------------- ------------------------------------------
f) Place of the transaction Off Exchange
--------------------------- ------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Jim Aldridge
----------------------------- -------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status PDMR, Company Secretary
----------------------------- -------------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------- -------------------------------------
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 Ordinary Shares of 25p each
financial instrument,
type of instrument
----------------------------- -------------------------------------
b) Identification code GB0002346053
----------------------------- -------------------------------------
c) Nature of the transaction Granting of Share Options under the
James Cropper plc LTIP award
----------------------------- -------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 646
----------
----------------------------- -------------------------------------
d) Aggregated information
- Aggregated volume 646
- Price 0.00
----------------------------------- -------------------------------------
e) Date of the transaction 11 August 2021
----------------------------- -------------------------------------
f) Place of the transaction Off Exchange
----------------------------- -------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Nick Barnes
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status PDMR, Global Sales Director
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 710
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 710
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Claire Brough
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status PDMR, Head of Finance
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 406
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 406
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- ----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Caroline Noble
--------------------------------- -----------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status PDMR, Head of Information Services
--------------------------------- -----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- -----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 585
----------
--------------------------------- -----------------------------------
d) Aggregated information
- Aggregated volume 585
- Price 0.00
--------------------------------------- -----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- -----------------------------------
f) Place of the transaction Off Exchange
--------------------------------- -----------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Names Rachel Armer
--------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status PDMR, Head of Human Resources
--------------------------------- ----------------------------------
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 Granting of Share Options under
the James Cropper plc LTIP award
--------------------------------- ----------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
0.00 646
----------
--------------------------------- ----------------------------------
d) Aggregated information
- Aggregated volume 646
- Price 0.00
--------------------------------------- ----------------------------------
e) Date of the transaction 11 August 2021
--------------------------------- ----------------------------------
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 rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHFLFLATTILLIL
(END) Dow Jones Newswires
August 12, 2021 02:00 ET (06:00 GMT)
1 Year Cropper (james) Chart |
1 Month Cropper (james) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
