31 January 2023
James Cropper Plc
(the "Company")
Director Dealing
The Company has been notified on 30 January 2023 that on the same day, 4,048 ordinary shares of 25p each in the Company ("Shares") were transferred to the children of Mark Cropper, a Director of the Company, at a price of nil pence per Share. This is part of the exercise of executing the late Lady Cropper's estate.
As a result of the above, Mark Cropper's interest in the Company has increased by 4,048 Shares and is as follows:
| Director | Beneficial Shareholding | % of Issued Share Capital | Non-beneficial Shareholding | % of Issued Share Capital |
| Mark Cropper | 1,831,013* | 19.2% | 559,571 | 5.9% |
* Includes 486,924 Shares pledged as security.
The members of the Cropper family and Mark Cropper are deemed to be acting in concert and regarded by the Takeover Panel to be members of the concert party detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party"). The total resultant interest of the Concert Party which is unchanged by the above transfers, directly and indirectly comprises 3,627,462 Shares, representing 38.0% of the issued share capital of the Company.
Enquiries:
| James Cropper PLC (AIM: CRPR) Isabelle Maddock, Chief Financial Officer Jim Aldridge, Company Secretary Tel: +44 (0) 1539 722002 | Shore Capital Robert Finlay, Henry Willcocks John More Tel: + 44 (0) 20 7601 6100
|
The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a)
| Names | Mark Cropper | ||||||
| 2
| Reason for the notification | |||||||
| a)
| Position/status
| Director, Chairman | ||||||
| b)
| Initial notification /Amendment | Initial Notification | ||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a)
| Name | James Cropper plc | ||||||
| b)
| LEI | 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, type of instrument
| Ordinary Shares of 25p each | ||||||
| b) | Identification code
| GB0002346053 | ||||||
| c)
| Nature of the transaction
| Transfer of 4,048 Ordinary Shares held by the Concert Party to the children of Mark Cropper. | ||||||
| d)
| Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information - Aggregated volume - Price |
4,048 nil | ||||||
| e)
| Date of the transaction | 30 January 2023 | ||||||
| f)
| Place of the transaction | Outside a Trading Venue
| ||||||
| | | | ||||||
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