Director/PDMR Shareholding

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





 

Companies

Elementis (ELM)
UK 100

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