NORCROS PLC

Director's Dealing • Nov 23, 2017

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RNS Number : 4034X

Norcros PLC

23 November 2017

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

Directors' Dealings - Acquisition of shares pursuant to Capital Raising  

Sharedealing Information

Norcros announces that the Company has today been notified of the following sharedealings by the Directors of the Company.  These sharedealings are the acquisition of new ordinary shares of 10p each ("Shares") by each Director pursuant to the Open Offer (with excess application facility) announced by the Company on 2 November 2017 and which took effect today.

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 the Directors are interested before and after these sharedealings are as follows:

Name	Number of Shares held (before)	Number of new Shares subscribed for	Number of Shares held (after)
Martin Towers	134,454	26,363	160,817
David McKeith	15,000	2,941	17,941
Jo Hallas	20,000	3,921	23,921
Nick Kelsall	915,884	235,507	1,151,391
Shaun Smith	20,000	5,920	25,920

All of the Share subscriptions were at the Open Offer price of 172.0p per Share.

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

Chairman, Non-Executive 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 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 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
172p	26,363

d)

Aggregated information

- Aggregated volume

- Price

-       26,363

-       172p

e)

Date of the transaction

23 November 2017

f)

Place of the transaction

Wilmslow, Cheshire, England

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David McKeith

2

Reason for the notification

a)

Position/status

Non-Executive 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 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 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
172p	2,941

d)

Aggregated information

- Aggregated volume

- Price

-       2,941

-       172p

e)

Date of the transaction

23 November 2017

f)

Place of the transaction

Wilmslow, Cheshire, England

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jo Hallas

2

Reason for the notification

a)

Position/status

Non-Executive 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 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 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
172p	3,921

d)

Aggregated information

- Aggregated volume

- Price

-       3,921

-       172p

e)

Date of the transaction

23 November 2017

f)

Place of the transaction

Wilmslow, Cheshire, England

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  

c)

Price(s) and volume(s)

Price(s)	Volume(s)
172p	235,507

d)

Aggregated information

- Aggregated volume

- Price

-       235,507

-       172p

e)

Date of the transaction

23 November 2017

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 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 

c)

Price(s) and volume(s)

Price(s)	Volume(s)
172p	5,920

d)

Aggregated information

- Aggregated volume

- Price

-       5,920

-       172p

e)

Date of the transaction

23 November 2017

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
Charlie Jack
Fern Duncan

This information is provided by RNS

The company news service from the London Stock Exchange

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