ELEMENTIS PLC - Director/PDMR Shareholding
September 20 2016 - 4:00AM
PR Newswire (US)
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 |
RALPH HEWINS |
2 |
Reason for the notification |
a) |
Position/status |
CFO-DESIGNATE,
EXECUTIVE DIRECTOR |
b) |
Initial
notification/Amendment |
INITIAL
NOTIFICATION |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
ELEMENTIS PLC |
b) |
LEI |
549300LQIH685LI2ML36 |
4 |
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 |
SHARES
GB0002418548 |
b) |
Nature of the
transaction |
An award of nil cost
options over 240,693 ordinary shares in Elementis plc, made in
accordance with and as permitted under LR 9.4.2, to replace certain
2015 and 2016 equity-related awards forfeited by Mr Hewins
following his decision to join Elementis. This award is made as a
stand-alone arrangement but borrows from the terms and Rules of the
Elementis plc 2008 Long Term Incentive Plan (as amended) ("LTIP"),
except in relation to the vesting profile. This award is subject to
the same EPS and TSR performance conditions as the awards made on
4TH April this year to other senior employee
participants of the LTIP and will also ordinarily vest on
4TH April 2019. |
c) |
Price(s) and
volume(s) |
Price(s) |
Volume(s) |
N/A |
N/A |
|
d) |
Aggregated
information |
|
|
-Aggregated volume |
N/A |
e) |
Date of the
transaction |
2016-09-19 |
f) |
Place of the
transaction |
N/A
|
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