New Employee Benefit Trust and PDMR Dealing
James Cropper plc has established a new employee benefit trust, the James Cropper Employee Benefit Trust 2026, and transferred 81,751 ordinary shares for nil consideration from the previous James Cropper Employee Trust. This transfer involves non-executive directors Martin Court and Lyndsey Scott, who are directors of the trustee of the old trust. The transaction occurred on 26 August 2026 outside of a trading venue.
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James Cropper (AIM: CRPR), the Advanced Materials and Paper & Packaging group, announces the establishment of a new employee benefit trust, the James Cropper Employee Benefit Trust 2026 ("the New Trust"), under the management of FCM Limited.
As a consequence of establishing the New Trust, 81,751 ordinary shares in the Company ("the Shares") previously held by the James Cropper Employee Trust ("the Old Trust"), have today been transferred to the New Trust.
The Trustee of the Old Trust is James Cropper EBT Limited, whose directors are Martin Court and Lyndsey Scott (both Non-Executive Directors of the Company). The Shares have therefore been transferred from the non-beneficial ownership of Martin Court and Lyndsey Scott (as Directors of the Trustee of the Old Trust) to the New Trust. The Shares were transferred for nil consideration.
| 1. | Details of person discharging managerial responsibilities/person closely associated | |
| a) | Name | 1. Martin Court and Lyndsey Scott as directors of James Cropper EBT Limited, trustee of James Cropper Employee Trust |
| 2. | Reason for the notification | |
| a) | Position/status | 1. Non-Executive Directors of the Company |
| b) | Initial notification/amendment | Initial Notification |
| 3. | Details of the issuer | |
| a) | Name | James Cropper plc |
| b) | Legal Entity Identifier | 213800XM78VTDYGBRM93 |
| 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 | Transfer of ordinary shares previously held by the James Cropper Employee Trust to the James Cropper Employee Benefit Trust 2026, a newly established employee benefit trust under the management of FCM Limited. |
| d) | Currency | GBP |
| e) | Price(s) and volume(s) | Price(s) Volume(s) 1. Nil-Cost 81,751 |
| f) | Aggregated information - volume - Price - Total | 81,751 Nil N/A |
| g) | Date of the transaction | 26 August 2026 |
| h) | Place of the transaction | Outside trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.