(Sharecast News) - James Cropper revealed on Friday that non-executive chairman Mark Cropper had acquired 40,000 ordinary shares in the London-listed papermaker.

Cropper, who took over as chairman in 2010, purchased the shares at an avearge price of 830p each, for a total value of £332,000.01.

Following the purchase, Mark Cropper holds a beneficial interest in 2.438m ordinary Cropper shares, representing approximately 25.5% of the company's issued share capital.

As of 1555 GMT, James Cropper shares were down 1.56% at 711.20p.

Reporting by Iain Gilbert at Sharecast.com

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Cropper (james) (CRPR)

Director name: Cropper,Mark A J

Amount purchased: 40,000 @ 830.00p

Value: £332,000.01

Dp Aircraft I Limited Pref (DPA)

Director name: Millar,Howard

Amount purchased: 500,000 @ $0.15

Value: $75,000.00

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