t
James Cropper plc
(the "Company")
Correction: PDMR and PCA Shareholdings
This announcement is a correction of the PDMR and PCA Shareholdings announcement published on 17 October 2025 (RNS 8994D). The name of a PCA of Mark Cropper was misstated. All other details remain unchanged. The full amended text is shown below which now states the correct name.
The Company has been notified that, on 17 October 2025, Mark Cropper (Non-Executive Chair) transferred a total of 147,384 ordinary shares of 25p each ("Shares") in the Company to his sons, James Cropper and Jem Cropper.
Of the total 147,384 Shares transferred:
· 71,192 Shares were transferred to James Cropper, with 50,919 Shares being transferred at a price of £3.18 per Share and 20,273 Shares transferred for nil consideration; and
· 76,192 Shares were transferred to Jem Cropper, with 54,025 Shares being transferred at a price of £3.18 per Share and 22,167 transferred for nil consideration.
In addition, following a change in age, the Company has been notified that 26,349 Shares in the Company previously reported within Mark Cropper's beneficial ownership have now transferred to the beneficial ownership of his son, Jem Cropper for nil consideration.
Following the above changes, the beneficial interests of Mark Cropper, James Cropper and Jem Cropper in the Company's share capital are as follows:
|
Shareholding |
Mark Cropper |
James Cropper |
Jem Cropper |
|||
|
No. Shares |
% share capital* |
No. Shares |
% share capital* |
No. Shares |
% share capital* |
|
|
Beneficial |
1,839,266 |
19.25% |
102,541 |
1.07% |
102,541 |
1.07% |
|
Non-beneficial |
559,571 |
5.86% |
0 |
0 |
0 |
0 |
|
Total |
2,398,837 |
25.11% |
102,541 |
1.07% |
102,541 |
1.07% |
*based on the Company's current issued Share capital of 9,554,803 Shares
Mark Cropper and members of the Cropper, Willink and Acland families are deemed to act in concert and are regarded by the Takeover Panel as being members of a concert party as detailed in the Company's circular to shareholders dated 30 June 2015 (the "Concert Party"). The Concert Party has a collective interest in 3,523,874 Ordinary Shares representing 36.88% of the Company's issued share capital.
Enquiries
James Cropper plc
Matt Ratcliffe, General Counsel and Company Secretary
Tel: +44 (0) 1539 722 002
Shore Capital - (NOMAD and Broker)
Daniel Bush, David Coaten, Henry Willcocks, Lucy Bowden
Tel: +44 (0) 7601 6100
IFC Advisory - Financial PR
Graham Herring, Tim Metcalfe, Zach Cohen
Tel: +44 (0) 203 934 6630
The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):
|
1. |
Details of person discharging managerial responsibilities/person closely associated
|
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|
a) |
Name |
Mark Cropper
|
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|
2.
|
Reason for the notification |
||||||||||
|
a) |
Position/status |
Non-Executive Chair
|
|||||||||
|
b) |
Initial notification/amendment |
Amendment |
|||||||||
|
3. |
Details of the issuer
|
||||||||||
|
a) |
Name |
James Cropper plc
|
|||||||||
|
b) |
Legal Entity Identifier |
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 |
Ordinary Shares of 25 pence each |
|||||||||
|
b) |
Identification code of the Financial Instrument |
GB0002346053 |
|||||||||
|
c) |
Nature of the transaction |
(i) Transfer of 50,919 Shares to James Cropper (ii) Transfer of 20,273 Shares to James Cropper (iii) Transfer of 54,025 Shares to Jem Cropper (iv) Transfer of 22,167 Shares to Jem Cropper (v) Transfer of 26,349 Shares to Jem Cropper
|
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|
d) |
Currency |
GBP
|
|||||||||
|
e) |
Price(s) and volume(s) |
|
|||||||||
|
f) |
Aggregated information - volume - Price - Total
|
N/A - separate transactions |
|||||||||
|
g) |
Date of the transaction |
17 October 2025 |
|||||||||
|
h) |
Place of the transaction |
Off market |
|||||||||
|
1. |
Details of person discharging managerial responsibilities/person closely associated
|
||||||||||
|
a) |
Name |
James Cropper
|
|||||||||
|
2.
|
Reason for the notification |
||||||||||
|
a) |
Position/status |
PCA of Mark Cropper, Non-Executive Chair
|
|||||||||
|
b) |
Initial notification/amendment |
Initial Notification |
|||||||||
|
3. |
Details of the issuer
|
||||||||||
|
a) |
Name |
James Cropper plc
|
|||||||||
|
b) |
Legal Entity Identifier |
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 |
Ordinary Shares of 25 pence each |
|||||||||
|
b) |
Identification code of the Financial Instrument |
GB0002346053 |
|||||||||
|
c) |
Nature of the transaction |
(i) Receipt of 50,919 Shares transferred by Mark Cropper (ii) Receipt of 20,273 Shares transferred by Mark Cropper
|
|||||||||
|
d) |
Currency |
GBP
|
|||||||||
|
e) |
Price(s) and volume(s) |
|
|||||||||
|
f) |
Aggregated information - volume - Price - Total
|
N/A - separate transactions
|
|||||||||
|
g) |
Date of the transaction |
17 October 2025 |
|||||||||
|
h) |
Place of the transaction |
Off market |
|||||||||
|
1. |
Details of person discharging managerial responsibilities/person closely associated
|
||||||||||
|
a) |
Name |
Jem Cropper |
|||||||||
|
2.
|
Reason for the notification |
||||||||||
|
a) |
Position/status |
PCA of Mark Cropper, Non-Executive Chair |
|||||||||
|
b) |
Initial notification/amendment |
Amendment |
|||||||||
|
3. |
Details of the issuer
|
||||||||||
|
a) |
Name |
James Cropper plc
|
|||||||||
|
b) |
Legal Entity Identifier |
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 |
Ordinary Shares of 25 pence each |
|||||||||
|
b) |
Identification code of the Financial Instrument |
GB0002346053 |
|||||||||
|
c) |
Nature of the transaction |
(i) Receipt of 54,025 Shares transferred by Mark Cropper (ii) Receipt of 22,167 Shares transferred by Mark Cropper (iii) Receipt of 26,349 Shares transferred by Mark Cropper |
|||||||||
|
d) |
Currency |
GBP
|
|||||||||
|
e) |
Price(s) and volume(s) |
|
|||||||||
|
f) |
Aggregated information - volume - Price - Total
|
N/A - separate transactions
|
|||||||||
|
g) |
Date of the transaction |
17 October 2025 |
|||||||||
|
h) |
Place of the transaction |
Off market |
|||||||||
This RNS announcement, dated 20 October 2025, is a correction to a previous PDMR and PCA Shareholdings announcement. On 17 October 2025, James Cropper plc's Non-Executive Chair, Mark Cropper, transferred 147,384 ordinary shares to his sons, James Cropper (71,192 shares: 50,919 at £3.18 and 20,273 for nil consideration) and Jem Cropper (76,192 shares: 54,025 at £3.18 and 22,167 for nil consideration). Additionally, 26,349 shares transferred from Mark Cropper's beneficial ownership to Jem Cropper for nil consideration, resulting in updated beneficial holdings of 1,839,266 shares (19.25%) for Mark Cropper, and 102,541 shares (1.07%) each for James Cropper and Jem Cropper.
| Date | 20 Oct 2025 |
| Time | 07:00:10 |
| Category | Director/PDMR dealings |
| ID | 9317D |