RNS Number : 1025H

Norcros PLC

30 July 2019

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

Directors' Dealings - APSP and DBP Share Option exercises  

Share dealing Information

Norcros announces that the Company has been notified of the following share dealings by Nick Kelsall, Group Chief Executive and Shaun Smith, Group Finance Director, by way of the exercise of nil-cost share options under the Company's Approved Performance Share Plan (the "APSP") and Deferred Bonus Plan (the "DBP") 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
Nick Kelsall Nick Kelsall Shaun Smith	133,837 (APSP)   92,544 (DBP)   89,891 (APSP)	62,903 (APSP) 43,496 (DBP) Nil* (APSP)	70,934 49,048 89,891

(*Shaun Smith paid the tax/NIC from his own funds)

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 Nick Kelsall and Shaun Smith are interested before and after these share dealings are as follows:

Name	Number of Shares held (before)	Number of Shares held (after)
Nick Kelsall Shaun Smith	1,275,600       27,275	1,395,582    117,166

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

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 - exercise of nil cost options under Approved Share Performance Plan (APSP) and Deferred Bonus Plan (DBP)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p 0.00p	133,837 shares (APSP) 92,544 shares (DBP)

d)

Aggregated information

- Aggregated volume

- Price

-       226,381

-       Nil

e)

Date of the transaction

29 July 2019

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 shares acquired under Approved Share Performance Plan (APSP) and Deferred Bonus Plan (DBP)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
208.00p 208.00p	62,903 shares (APSP) 43,496 shares (DBP)

d)

Aggregated information

- Aggregated volume

- Price

-       106,399

-       208.00p per share

e)

Date of the transaction

29 July 2019

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

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 (APSP) and Deferred Bonus Plan (DBP)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	89,891 shares (APSP)

d)

Aggregated information

- Aggregated volume

- Price

-       89,891

-       Nil

e)

Date of the transaction

29 July 2019

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
Nelly Akpaka

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.

END

DSHCKCDQABKDDOB