Norcros PLC Director Shareholding (7022R)

TIDMNXR

RNS Number : 7022R

Norcros PLC

09 March 2021

Norcros plc

("Norcros", the "Group" or "the Company")

9 March 2021

Director Shareholding

The Company was notified on 9 March 2021 that on the same day Nick Kelsall, the Chief Executive Officer, exercised options over 11,278 10p ordinary shares in the Company ("Shares") under the Norcros plc Savings Related Share Option Scheme, at an option price of 159.6p and retained the resulting Shares, which following the option exercise were gifted to Mr Kelsall's wife, Susan Kelsall.

Following this acquisition, Nick Kelsall is interested in 1,675,686 Shares in total.

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                             Nick Kelsall 
     -------------------------------  -------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
     -------------------------------  -------------------------------- 
 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        Acquisition 
     -------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          159.6p     11,278 
                                                    ---------- 
     -------------------------------  -------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                     *    11,278 
       - Price 
 
                                               *    159.6p 
     -------------------------------  -------------------------------- 
 e)   Date of the transaction          9 March 2021 
     -------------------------------  -------------------------------- 
 f)   Place of the transaction         Wilmslow, Cheshire, England 
     -------------------------------  -------------------------------- 
 

Further enquiries:

Norcros plc Hudson Sandler

Tel: [phone] Tel: [phone]

   Nick Kelsall, Chief Executive Officer                                                 Nick Lyon 

Shaun Smith, Chief Financial Officer

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March 09, 2021 11:58 ET (16:58 GMT)