REG - Croda International - Director/PDMR Shareholding

Tue Jun 12, 2012 12:02pm EDT

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RNS Number : 2278F
Croda International PLC
12 June 2012
 



Croda International Plc

 

12 June 2012

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that Croda International Plc ("the Company") was notified on 12 June 2012, that the following transactions took place in relation to the Croda International Plc Share Incentive Plan ("SIP") on 7 and 11 June 2012. The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 10p each, using deductions from salary in each monthly pay period, and receive allocations of matching free ordinary shares ("matching shares").

 

1.

The SIP trustee (Capita IRG Trustees Limited) acquired 2,631 ordinary shares by purchase in the market on 11 June 2012 at a total cost of £30,709.455 and allocated them to employees participating in the SIP as partnership shares. 

 

2.

The SIP trustee (Capita IRG Trustees Limited) also acquired 2,631 ordinary shares by purchase in the market on 11 June 2012 at a total cost of £30,709.455 and allocated them to employees participating in the SIP as matching shares.

 

3.

The following directors and persons discharging managerial responsibilities purchased the number of ordinary shares of 10p set out against their names below, at a price of 2288p per ordinary share, and were allocated for no consideration the number of matching shares set out against their names below.

 

4.

In addition, some of the persons named in the table below opted to reinvest their dividend payment in the SIP.  The SIP trustee (Capita IRG Trustees Limited) therefore also acquired 189 ordinary shares by purchase in the market at a price of 2290p on 7 June 2012 at a total cost of £4,368.07 on their behalf:

 

Name

Role

 

 

Number of ordinary

shares purchased

Number of matching

shares allocated

Number of ordinary shares purchased via dividend reinvestment

S E Foots

Executive Director

5

5

N/A

M S Christie

Executive Director

6

6

N/A

K Layden

Executive Director

5

5

N/A

D E Barraclough

PDMR

5

5

N/A

S E Breene

PDMR

5

5

N/A

N I Challoner

PDMR

5

5

31

M W Heijbroek

PDMR

6

6

N/A

G L Myers

PDMR

5

5

65

K M Nutbrown

PDMR

5

5

65

A L Scott

PDMR

6

6

28

 

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

 

 

 

Louise Scott

Company Secretary and Legal Counsel

Croda International Plc


 


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