ELM Elementis Plc

 
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                    PAUL WATERMAN 
 
2   Reason for the notification 
 
a)  Position/status         CEO, 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           Vesting of a conditional share award (structured 
    transaction             as restricted stock units) over 206,177 shares 
                            (out of 225,645 shares) awarded on 7 March 2016, 
                            in connection with the executive's recruitment, 
                            as a one-off agreement that borrows from the 
                            Elementis Long Term Incentive Plan 2008 (as 
                            amended), which had a vesting date of 7 March 
                            2018, at a cost of nil pence per share. 
                            Simultaneous sale of 93,173 shares to meet tax 
                            and related liabilities and the retention of 
                            113,004 shares. 
 
c)  Price(s) and volume(s)  Price(s)                 Volume(s) 
 
                            GBP3.105875                93,173 
 
d)  Aggregated information 
 
 
 
    -Aggregated volume      N/A 
 
e)  Date of the transaction 2018-03-07 
 
f)  Place of the            London, UK 
    transaction 
 
 
 
 
 
 
 
 
END 
 

(END) Dow Jones Newswires

March 08, 2018 12:35 ET (17:35 GMT)

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