Director Dealings - APSP Share Option exercises

By

Regulatory News | 22 Jul, 2024

Updated : 16:07

RNS Number : 3447X
Norcros PLC
22 July 2024
 

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

Director Dealings - APSP Share Option exercises

 

Director/PDMR Shareholding

Norcros announces that the Company has today been notified of the following share dealings by Thomas Willcocks, Chief Executive Officer and James Eyre, Chief Financial Officer, by way of the exercise of nil-cost share options granted in July 2021 under the Company's Approved Performance Share Plan (the "APSP") over ordinary shares of ten pence each in the Company ("Shares").

 Name

Total option Shares exercised

Total Shares used to pay tax/NIC on option exercises

Net Shares retained

Thomas Willcocks

James Eyre

29,528

44,662

13,879

20,992

15,649

23,670

 

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

The aggregate numbers of Shares in which Thomas Willcocks and James Eyre are interested before and after these share dealings are as follows:

Name

  Number of Shares held (before)

Number of Shares held (after)

Thomas Willcocks

James Eyre

74,352

84,986

90,001

108,656

 

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

Thomas Willcocks

2

Reason for the notification

a)

Position/status

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

Norcros plc

b)

LEI

213800EIMJZZA1GBIE18

4 A

 

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 instrument, type of instrument

 

Identification code

 

Ordinary Share of 10 pence

 

 

GB00BYYJL418

 

b)

 

Nature of the transaction

 

Acquisition - exercise of nil cost options under Approved Share Performance Plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

 

29,528

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

 

e)

 

Date of the transaction

 

22 July 2024

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

  4 B

 

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 instrument, type of instrument

 

Identification code

 

Ordinary Share of 10 pence

 

 

GB00BYYJL418

 

b)

 

Nature of the transaction

 

Disposal of some of the shares acquired under Approved Share Performance Plan to settle Tax & NIC

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

245.00p

13,879

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       n/a

-       n/a

e)

 

Date of the transaction

 

22 July 2024

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

James Eyre

2

Reason for the notification

a)

Position/status

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

Norcros plc

b)

LEI

213800EIMJZZA1GBIE18

4 A

 

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 instrument, type of instrument

 

Identification code

 

Ordinary Share of 10 pence

 

 

GB00BYYJL418

 

b)

 

Nature of the transaction

 

Acquisition - exercise of nil cost options under Approved Share Performance Plan

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Nil

44,662

d)

 

Aggregated information

- Aggregated volume

- Price

 

n/a

n/a

 

e)

 

Date of the transaction

 

22 July 2024

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 4 B

 

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 instrument, type of instrument

 

Identification code

 

Ordinary Share of 10 pence

 

 

GB00BYYJL418

 

b)

 

Nature of the transaction

 

Disposal of some of the shares acquired under Approved Share Performance Plan to settle Tax & NIC

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

245.00p

20,992

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       n/a

-       n/a

e)

 

Date of the transaction

 

22 July 2024

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 

 

Further enquiries:

Norcros plc

Tel: 01625 547 700

Thomas Willcocks, Chief Executive Officer

James Eyre, Chief Financial Officer




Hudson Sandler

Tel: 0207 796 4133

Nick Lyon


 

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