James Cropper finance boss crops stake – MoneyWeek

JamesCroppersfinancedirectorJohnDenmanhastakenadvantageofstrengthinthespecialistandcolouredpapermakersshareprice,pocketing£15,000fromthesaleofshares。

Hesold6,000sharesat218papop,andnowhasabeneficialinterestin1,716sharesandanon-beneficialinterestin101,000,whichismorethan1%ofthecompany。

Non-beneficialintereststypicallyincludeoptionsthathavenotyetvested。

Denman,whosecareerhasincludedspellsatbigcompaniessuchasBritishAmericanTobacco,druggroupGlaxoSmithKlineandcarpartsandbikeretailerHalfords,joinedJamesCropperin1995。

SharesinCroppersurgedattheendoflastmonthafteritreportedasharpriseinprofitsintheyearto2April。

Thecompanysaiditwasmanagingtopasspricerisesontocustomers。

TopDirectorBuysGTLResources(GTL)Directorname:MrRichardRuebeAmountpurchased:32,000@79。

00pValue:£25,280PanPacificAggregates(PPA)Directorname:MrEuanMcAlpineAmountpurchased:25,000,000@0。

100pValue:£25,000TopDirectorSellsCropper(James)(CRPR)Directorname:MrJohnDenmanAmountsold:6,000@218。

00pValue:£13,080

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