Director/PDMR Shareholding

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 3.1.4R(1).

(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 to 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 in block capital letters.

1.      Name of the issuer

ELEMENTIS PLC

2.     State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR  3.1.4(R)(1)(c) a disclosure made in accordance with section 793 of the Companies Act 2006 to the extent that it relates to the interests of a director or, as far as the issuer is aware, any connected person.

THESE ARE TRANSACTIONS NOTIFIED IN ACCORDANCE WITH DR3.1.4R(1)(a) and (c)

3.      Name of person discharging managerial responsibilities/director

PAUL WATERMAN

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

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

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

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)

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)

13.    Price per share or value of transaction

14.    Date and place of transaction

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

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

17.    Date of grant

7 MARCH 2016

18.    Period during which or date on which it can be exercised

AWARD ONE: 7 MARCH 2017 – 7 MARCH 2026

AWARD TWO: 7 MARCH 2018 – 7 MARCH 2026

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

NIL PENCE

20.    Description of shares or debentures involved (class and number)

CONDITIONAL SHARE AWARDS OVER ORDINARY SHARES OF 5 PENCE EACH GRANTED UNDER THE ELEMENTIS PLC 2008 LONG TERM INCENTIVE PLAN (AS AMENDED ON 22 APRIL 2015)

AWARD ONE: 225, 645 SHARES

AWARD TWO: 225, 645 SHARES

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

NIL PENCE

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

       451,290 SHARES  

23.    Any additional information

THESE AWARDS RELATE TO BUYING OUT REMUNERATION FORFEITED BY THE INDIVIDUAL CONCERNED AS A RESULT OF JOINING ELEMENTIS. PERFORMANCE AND OTHER CONDITIONS APPLY. FURTHER INFORMATION CAN BE FOUND IN THE REMUNERATION REPORT OF THE 2015 ANNUAL REPORT OF THE COMPANY TO BE PUBLISHED ON OR AROUND 23 MARCH 2016.

24.    Name of contact and telephone number for queries

WAI WONG, 020 7067 2999

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

WAI WONG - COMPANY SECRETARY

Date of notification

8 MARCH 2016