Directors' Dealings - Dividend Re-Investment Plan ('DRIP')
Sharedealing Information
Norcros announces that the Company has today been notified of the following sharedealings by Shaun Smith, Group Finance Director, in respect of the interim dividend of 2.6 pence per Ordinary Share of 10 pence each ('Share') paid by the Company on 12 January 2018.
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 Shaun Smith is interested before and after this DRIP sharedealing are as follows:
Name
Number of Shares held (before)
Number of DRIP Shares added
Number of Shares held (after)
Shaun Smith
25,920
355
26,275
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
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
DRIP shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
186.75p
355
d)
Aggregated information
- Aggregated volume
- Price
- N/A
- N/A
e)
Date of the transaction
12 January 2018
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
Norcros plc published this content on 12 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 January 2018 15:29:10 UTC.
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Norcros plc is a United Kingdom-based supplier of bathroom and kitchen products. The principal activities of the Company and its subsidiaries are the design, manufacture, and distribution of a range of bathroom and kitchen products, mainly in the United Kingdom and South Africa. In the United Kingdom, it offers a range of bathroom and kitchen products for domestic and commercial applications. In the United Kingdom, it operates under eight brands: Triton, Merlyn, Vado, Croydex, Abode, Johnson Tiles, Norcros Adhesives and Grant Westfield. Its complementary business in South Africa operates principally from a shared manufacturing and administrative site near Johannesburg. In South Africa, it operates under four brands: Tile Africa, Johnson Tiles South Africa, TAL and House of Plumbing. The Company offers mixer showers and accessories; tile and stone adhesives; taps, bathroom accessories and valves; bathroom furnishings; ceramic wall and floor tiles; and tile adhesives, among others.