NORCROS PLC

Director's Dealing • Mar 26, 2019

National Storage Mechanism | Additional information

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RNS Number : 0207U

Norcros PLC

26 March 2019

Norcros plc

("Norcros" or "the Company")

Director Shareholding

Norcros announces that, on 25 March 2019, Mr Martin Towers, Chairman of the Company, transferred 40,379 shares to his wife, Mrs Emma Towers, for nil consideration.

The following notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation.

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

Non-Executive Chairman

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

Transfer of shares to spouse, Mrs Emma Towers.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	40,379

d)

Aggregated information

- Aggregated volume

- Price

-       N/A

-       N/A

e)

Date of the transaction

25 March 2019

f)

Place of the transaction

Eastbourne, England

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Emma Towers

2

Reason for the notification

a)

Position/status

Person closely associated with Mr Martin Towers, Non-Executive Chairman

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

Transfer of shares from spouse, Mr Martin Towers.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.00p	40,379

d)

Aggregated information

- Aggregated volume

- Price

-       N/A

-       N/A

e)

Date of the transaction

25 March 2019

f)

Place of the transaction

Eastbourne, England

Further enquiries:

Norcros plc	Tel: 01625 547 700
Nick Kelsall, Group Chief Executive Martin Towers, Chairman
Hudson Sandler	Tel: 0207 796 4133
Nick Lyon Nelly Akpaka

Notes to Editors

·      Norcros is a 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:

o  Triton - Market leader in the manufacture and marketing of showers in the UK

o  Merlyn - the UK and Ireland's No. 1 supplier of shower enclosures and trays to the residential, commercial and hospitality sectors

o  Vado - A leading manufacturer and supplier of taps, mixer showers, bathroom accessories and valves

o  Croydex - A market-leading, innovative designer, manufacturer and distributor of high-quality bathroom furnishings and accessories

o  Abode - A leading niche designer and distributor of high-quality kitchen taps, bathroom taps and kitchen sinks

o  Johnson Tiles - A leading manufacturer and supplier of ceramic tiles in the UK

o  Norcros Adhesives - Manufacturer of tile & stone adhesives, grouts and related products

·      Based in South Africa, Norcros operates under three brands:

o  Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles, and associated products such as sanitary ware, showers and adhesives

o  Johnson Tiles South Africa - Manufacturer of ceramic and porcelain tiles

o  TAL - The leading manufacturer of ceramic and building adhesives

·     Norcros is headquartered in Wilmslow, Cheshire and employs around 2,100 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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END

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