Norcros : Directors Dealings

Norcros plc ('Norcros' or 'the Company')

Directors' Dealings - APSP and DBP Share Option exercises and subsequent share sale

Sharedealing Information

Norcros announces that the Company has today been notified of the following sharedealings by Nick Kelsall, Group Chief Executive of the Company, by way of the exercise of nil-cost share options under the Company's Approved Performance Share Plan (the 'APSP') and Deferred Bonus Plan (the 'DBP') over ordinary shares of ten pence each in the Company ('Shares'), and the subsequent sale of those Shares.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation ('MAR'), provides further detail.

The aggregate numbers of Shares in which Nick Kelsall is interested before and after these sharedealings are as follows:

Name	Number of Shares held (before)	Number of Shares held (after)
Nick Kelsall	795,424	795,424

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	Nick Kelsall
2	Reason for the notification
a)	Position/status	Group Chief Executive
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	Acquisition - exercise of nil cost options under Approved Share Performance Plan (APSP) and Deferred Bonus Plan (DBP)
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00p 0.00p 133,088 shares (APSP) 30,632 shares (DBP)
d)	Aggregated information - Aggregated volume - Price	- 163,720 - Nil
e)	Date of the transaction	27 September 2016
f)	Place of the transaction	Wilmslow, Cheshire, England

4 B	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	Sale
c)	Price(s) and volume(s)	Price(s) Volume(s) 154.50p 163,720 shares
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction	27 September 2016
f)	Place of the transaction	London Stock Exchange

Further enquiries:

Norcros plc	Tel: [phone]
Nick Kelsall, Group Chief Executive Shaun Smith, Group Finance Director
Hudson Sandler	Tel: [phone]
Nick Lyon
Charlie Jack