RNS Number : 4034X
Norcros PLC
23 November 2017
 

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

Directors' Dealings - Acquisition of shares pursuant to Capital Raising  

Sharedealing Information

Norcros announces that the Company has today been notified of the following sharedealings by the Directors of the Company.  These sharedealings are the acquisition of new ordinary shares of 10p each ("Shares") by each Director pursuant to the Open Offer (with excess application facility) announced by the Company on 2 November 2017 and which took effect today.

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

The aggregate numbers of Shares in which the Directors are interested before and after these sharedealings are as follows:

Name

Number of Shares held (before)

Number of new Shares subscribed for

Number of Shares held (after)

Martin Towers

134,454

26,363

160,817

David McKeith

15,000

2,941

17,941

Jo Hallas

20,000

3,921

23,921

Nick Kelsall

  915,884

235,507

1,151,391

Shaun Smith

20,000

5,920

25,920

 

All of the Share subscriptions were at the Open Offer price of 172.0p per Share.

 

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

Martin Towers

2

Reason for the notification

a)

Position/status

Chairman, Non-Executive Director

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 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

172p

 

26,363

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       26,363

-       172p

 

e)

 

Date of the transaction

 

23 November 2017

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David McKeith

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

172p

2,941

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       2,941

-       172p

 

e)

 

Date of the transaction

 

23 November 2017

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jo Hallas

2

Reason for the notification

a)

Position/status

Non-Executive Director

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 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

172p

 

3,921

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       3,921

-       172p

 

e)

 

Date of the transaction

 

23 November 2017

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nick Kelsall

2

Reason for the notification

a)

Position/status

Group Chief Executive

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  

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

172p

 

235,507

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       235,507

-       172p

 

e)

 

Date of the transaction

 

23 November 2017

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Shaun Smith

2

Reason for the notification

a)

Position/status

Group Finance Director

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 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

172p

 

5,920

d)

 

Aggregated information

- Aggregated volume

- Price

 

-       5,920

-       172p

 

e)

 

Date of the transaction

 

23 November 2017

f)

 

Place of the transaction

 

Wilmslow, Cheshire, England

 

Further enquiries:

Norcros plc

Tel: 01625 547 700

Nick Kelsall, Group Chief Executive

Shaun Smith, Group Finance Director




Hudson Sandler

Tel: 0207 796 4133

Nick Lyon


Charlie Jack


Fern Duncan


 


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The company news service from the London Stock Exchange
 
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