Norcros plc ("Norcros" or "the Company")
Director's Shareholding
Sharedealing Information
Norcros announces that the Company has been notified of the following sharedealings for Steve Good, Non-Executive Director and Board Chair.
The notification below, made in accordance with the requirements of the Market Abuse Regulation ("MAR"), provides further details.
The dealings are the purchase by Mr Good on 10 August 2023 of 15,000 10p ordinary shares in the Company ("Shares") at a price of 150.75 pence, and on 11 August 2023 of a further 15,000 Shares at a price of 150.125 pence. The aggregate numbers of Shares in which Mr Good is interested before and after these sharedealings are as follows:
| Name | Number of Shares held (before) | Number of Shares added | Number of Shares held (after) |
| Steve Good | 30,000 | 30,000 | 60,000 |
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 | Steve Good | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Non-Executive Director and Board Chair | ||||
| 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 | Share purchase | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
- N/A - N/A
| ||||
| e)
| Date of the transaction
| 10 August 2023 11 August 2023 | ||||
| f)
| Place of the transaction
| London Stock Exchange | ||||
Further enquiries:
| Norcros plc | Tel: 01625 547 700 | ||
| Thomas Willcocks, Chief Executive Officer James Eyre, Chief Financial Officer | | ||
| | | ||
| Hudson Sandler | Tel: 0207 796 4133 | ||
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Notes to Editors
Norcros is a market leading supplier of high quality and innovative bathroom and kitchen products with operations primarily in the UK and South Africa.
Based in the UK, Norcros operates under seven brands:
· Triton - Market leader in the manufacture and marketing of showers in the UK
· Merlyn - The UK and Ireland's No.1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors
· Multipanel - Grant Westfield is a leading manufacturer of high-end waterproof bathroom wall panels
· Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves
· Croydex - A market-leading, innovative designer, manufacturer and distributor of high-quality bathroom furnishings and accessories
· Abode - A leading niche designer and distributor of high-quality kitchen taps, bathroom taps, and kitchen sinks
· Johnson Tiles - The leading manufacturer and supplier of ceramic tiles in the UK
Based in South Africa, Norcros operates under four brands:
· Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitaryware, showers and adhesives
· Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles
· TAL - The leading manufacturer of ceramic and building adhesives
· House of Plumbing - Market leading supplier of specialist plumbing materials
Norcros is headquartered in Wilmslow, Cheshire and employs around 2,400 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com
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