Director/PDMR Shareholding
Norcros plc has announced director dealings concerning the exercise of nil-cost share options under its Approved Performance Share Plan. Chief Executive Officer Thomas Willcocks exercised options for 104,751 shares, retaining 57,133 net shares after using 47,618 shares to cover tax and National Insurance, increasing his total holding to 158,314 shares. Interim Chief Financial Officer Andrew Hamer exercised options for 13,746 shares, retaining all net shares as he paid taxes from his own funds, bringing his total holding to 17,648 shares.
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Norcros announces that the Company has today been notified of the following share dealings by Thomas Willcocks, Chief Executive Officer and by Andy Hamer, a person discharging managerial responsibilities ("PDMR"), by way of the exercise of nil-cost share options granted in July 2023 under the Company's Approved Performance Share Plan (the "APSP") over ordinary shares of ten pence each in the Company ("Shares").
| Name | Total option Shares exercised | Total Shares used to pay tax/NIC on option exercises | Net Shares retained |
| Thomas Willcocks Andrew Hamer | 104,751 13,746 | 47,618 *Nil | 57,133 13,746 |
(*Andrew Hamer paid the tax/NIC from his own funds)
The notifications below, made in accordance with the requirements of the Market Abuse Regulation ("MAR"), provides further detail.
The aggregate numbers of Shares in which Thomas Willcocks (Director) and Andrew Hamer (PDMR) are interested before and after these share dealings are as follows:
| Name | Number of Shares held (before) | Number of Shares held (after) | ||||
| Thomas Willcocks Andrew Hamer | 101,181 3,902 | 158,314 17,648 | ||||
| MAR Notification | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Thomas Willcocks | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Director - Chief Executive Officer | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| a) | Name | Norcros plc | ||||
| b) | LEI | 213800EIMJZZA1GBIE18 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Share of 10 pence GB00BYYJL418 | ||||
| b) | Nature of the transaction | Acquisition - exercise of nil cost options under Approved Performance Share Plan | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 104,751 | ||||
| d) | Aggregated information - Aggregated volume - Price | n/a n/a | ||||
| e) | Date of the transaction | 27 July 2026 | ||||
| f) | Place of the transaction | Wilmslow, Cheshire, England | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Share of 10 pence GB00BYYJL418 | ||||
| b) | Nature of the transaction | Disposal of some of the shares acquired under Approved Performance Share Plan to settle Tax & NIC | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | - n/a - n/a | ||||
| e) | Date of the transaction | 27 July 2026 | ||||
| f) | Place of the transaction | Wilmslow, Cheshire, England | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Andrew Hamer | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR - Interim Chief Financial Officer | ||||
| b) | Initial notification /Amendment | Initial notification | ||||
| a) | Name | Norcros plc | ||||
| b) | LEI | 213800EIMJZZA1GBIE18 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Share of 10 pence GB00BYYJL418 | ||||
| b) | Nature of the transaction | Acquisition - exercise of nil cost options under Approved Performance Share Plan | ||||
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 13,746 | ||||
| d) | Aggregated information - Aggregated volume - Price | n/a n/a | ||||
| e) | Date of the transaction | 27 July 2026 | ||||
| f) | Place of the transaction | Wilmslow, Cheshire, England | ||||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.