RNS Number : 7900C
Vesuvius plc
19 April 2013
 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.3

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

Please complete all relevant boxes should in block capital letters.

1.

Name of the issuer

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R;

(ii) a disclosure made in accordance with LR 9.8.6 R(1), or;

(iii) a disclosure made in accordance with section 793 of the Companies act (2006)


Vesuvius plc


(i)

3.

Name of person discharging managerial responsibilities/director


4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person




Christer Gardell


The notification relates to Cevian Capital II GP Ltd., which is a connected person to Christer Gardell.

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 


The notification is in respect of a holding of Cevian Capital II GP Ltd


Ordinary 10pence Shares

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

8

State the nature of the transaction

 


Cevian Capital II GP Ltd is the (indirect) holder of the voting rights attached to the shares. Legal owner of the shares is Vidacos Nominees Limited (acting as nominee).



Purchase of shares

 

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)



250,000  Ordinary 10 pence  Shares


0.0898%

11.

Number of shares, debentures or financial instruments relating to shares disposed

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)



N/A


N/A

13.

Price per share or value of transaction

£3.30 per share

14.

Date and place of transaction

18 April 2013, London





15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16.

Date issuer informed of transaction

 


55,993,446 Ordinary 10p shares, 20.11%, all held by Cevian Capital II GP Limited



19 April 2013

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17

Date of grant

18.

Period during which or date on which it can be exercised


     


     

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)


     


     

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification


     


     

23.

Any additional information

Cevian Capital II GP Ltd. acts as general partner for Cevian Capital II Master Fund L.P.

 

24.

Name of contact and telephone number for queries

Richard Malthouse,

Company Secretary, Vesuvius plc, 0207 822 0000





 

Name and signature of duly authorised officer of issuer responsible for making notification

Richard Malthouse, Company Secretary, Vesuvius plc

___________19 April  2013_______________________________________________

Date of notification  

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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