James Cropper plc
(the "Company")
PDMR and PCA Shareholding
The Company has been notified that, on 31 January 2025, Mark Cropper (Non-Executive Chair) transferred 5,000 ordinary shares of 25p each ("Shares") in the Company to his son, James Cropper, for a consideration of £1.975 per Share.
In addition, following a change in age, the Company has been notified that 26,349 Shares in the Company previously reported within Mark Cropper's beneficial ownership have now transferred to the beneficial ownership of his son, James Cropper.
Following the above changes, the beneficial interests of Mark Cropper and his son, James Cropper, in the Company's share capital are as follows:
| Shareholding | Mark Cropper | James Cropper | ||
| No. Shares | % share capital* | No. Shares | % share capital* | |
| Beneficial | 1,895,977 | 19.8 | 31,349 | 0.33 |
| Non-beneficial | 559,571 | 5.9 | 0 | 0 |
| Total | 2,455,548 | 26.0 | 31,349 | 0.33 |
*based on the Company's current issued Share capital of 9,554,803 Shares
Mark Cropper and members of the Cropper, Willink and Acland families are deemed to act in concert and are regarded by the Takeover Panel as being members of a concert party as detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party"). The Concert Party has a collective interest in 3,624,109 Ordinary Shares representing 37.9% of the Company's issued share capital.
Enquiries
James Cropper plc
Matt Ratcliffe, General Counsel and Company Secretary
Tel: +44 (0) 1539 722 002
Shore Capital - (NOMAD and Broker)
Daniel Bush, David Coaten, Henry Willcocks, Lucy Bowden
Tel: +44 (0) 7601 6100
Buchanan Communications - Financial PR
Chris Lane, Charles Ryland, Jamie Hooper, Verity Parker
jamescropper@buchanancomms.co.uk
Tel: +44 (0) 207 466 5000
The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):
| 1. | Details of person discharging managerial responsibilities/person closely associated
| ||||||||||
| a) | Name | (i) Mark Cropper (ii) James Cropper | |||||||||
| 2.
| Reason for the notification | ||||||||||
| a) | Position/status | (i) Mark Cropper: Non-Executive Chair (ii) James Cropper: PCA of Mark Cropper | |||||||||
| b) | Initial notification/amendment | Initial Notification | |||||||||
| 3. | Details of the issuer
| ||||||||||
| a) | Name | James Cropper plc
| |||||||||
| b) | Legal Entity Identifier | 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 instrument | Ordinary Shares of 25 pence each | |||||||||
| b) | Identification code of the Financial Instrument | GB0002346053 | |||||||||
| c) | Nature of the transaction | (i) Sale of 5,000 Shares by Mark Cropper to James Cropper (ii) Transfer of 26,349 Shares by Mark Cropper to James Cropper | |||||||||
| d) | Currency | GBP
| |||||||||
| e) | Price(s) and volume(s) |
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| f) | Aggregated information - volume - Price - Total
|
(i) Volume: 5,000 (i) Price: £1.975 (i) Total: £9,875
(ii) Volume: 26,349 (ii) Price: Nil (ii) Total: N/A
| |||||||||
| g) | Date of the transaction | 31.01.2025 | |||||||||
| h) | Place of the transaction | Off market | |||||||||
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