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/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 |
Vesting of a conditional share award (structured 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) |
| £3.105875 |
93,173 |
|
| d) |
Aggregated information |
|
|
-Aggregated volume |
N/A |
| e) |
Date of the transaction |
2018-03-07 |
| f) |
Place of the transaction |
London, UK
|