TIDMELM 
 
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/   INITIAL NOTIFICATION 
    Amendment 
 
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      SHARES 
    financial instrument, 
    type of instrument 
 
                            GB0002418548 
    Identification code 
 
b)  Nature of the           An award of nil cost options over 240,693 
    transaction             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            N/A 
    transaction 
 
 
 
 
 
 
 
 
END 
 

(END) Dow Jones Newswires

September 20, 2016 04:00 ET (08:00 GMT)

Elementis (LSE:ELM)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Elementis Charts.
Elementis (LSE:ELM)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Elementis Charts.