Norcros plc ("Norcros" or "the Company")
Director Dealings - APSP Share Option exercises
Director/PDMR Shareholding
Norcros announces that the Company has today been notified of the following share dealings by Thomas Willcocks, Chief Executive Officer and James Eyre, Chief Financial Officer, by way of the exercise of nil-cost share options granted in November 2020 under the Company's Approved Performance Share Plan (the "APSP") over ordinary shares of ten pence each in the Company ("Shares").
The notification below, made in accordance with the requirements of the Market Abuse Regulation ("MAR"), provides further details.
| Name | Total option Shares exercised | Total Shares used to pay tax/NIC on option exercises | Net Shares retained |
| Thomas Willcocks James Eyre | 68,010 42,121 | 31,965 19,797 | 36,045 22,324 |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation ("MAR"), provides further detail.
The aggregate numbers of Shares in which Thomas Willcocks and James Eyre are interested before and after these share dealings are as follows:
| Name | Number of Shares held (before) | Number of Shares held (after) |
| Thomas Willcocks James Eyre | 38,307 51,007 | 74,352 73,331 |
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 | Thomas Willcocks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer | ||||
| 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 | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
n/a n/a
| ||||
| e)
| Date of the transaction
| 23 November 2023 | ||||
| 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 some of the shares acquired under Approved Share Performance Plan to settle Tax & NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
- n/a - n/a | ||||
| e)
| Date of the transaction
| 23 November 2023 | ||||
| f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | James Eyre | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Financial Officer | ||||
| 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 | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
n/a n/a
| ||||
| e)
| Date of the transaction
| 23 November 2023 | ||||
| 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 some of the shares acquired under Approved Share Performance Plan to settle Tax & NIC | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
- n/a - n/a | ||||
| e)
| Date of the transaction
| 23 November 2023 | ||||
| f)
| Place of the transaction
| Wilmslow, Cheshire, England | ||||
Further enquiries:
| Norcros plc | Tel: 01625 547 700 |
| Thomas Willcocks, Chief Executive Officer James Eyre, Chief Financial Officer | |
| | |
| Hudson Sandler | Tel: 0207 796 4133 |
| Nick Lyon | |
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