Elementis PLC
25 November 1999
The following alteration should be made to the Elementis PLC - Dealings by
Substantial Shareholders announcement released today at 16:41 under RNS No
4504b.
The total of the percentage of class in the Schedule of Registered Holdings
should read 20.1647% and not 10.1647% as previously shown.
The full corrected version is shown below.
DEALINGS BY SUBSTANTIAL SHAREHOLDERS
1) NAME OF COMPANY
ELEMENTIS PLC
2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
FRANKLIN RESOURCES INC
3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.
PLEASE SEE BELOW
5) Number of shares/amount of stock acquired.
PLEASE SEE BELOW
6) ( N/A %) of issued Class
7) Number of shares/amount of stock disposed
8) ( N/A %) of issued Class
9) Class of security
ORDINARY SHARES OF 5P
10) Date of transaction
23 NOVEMBER 1999
11) Date company informed
25 NOVEMBER 1999
12) Total holding following this notification
87,002,810 ORDINARY SHARES OF 5P
13) Total percentage holding of issued class following this notification
20.16%
14) Any additional information
15) Name of contact and telephone number for queries
KERIN WILLIAMS 0207 398 1439
16) Name and signature of authorised company official responsible for
making this notification
Date of Notification ...25 NOVEMBER 1999......
Letter to: Elementis Plc
S.198 Companies Act - Disclosure of Share Interests
We are acting on behalf of Franklin Resources, Inc. and its affiliates, which
includes Franklin Mutual Advisers, Inc and Templeton Worldwide, Inc. and its
affiliates. Franklin Resources, Inc. and its affiliates perform investment
management and advisory services for clients on a global basis.
We wish to advise you of interests in the share capital of your Company under
management of Franklin Resources, Inc. and its affiliates on behalf of clients,
below is a copy of Form SAR 3 in respect of dealings in relevant securities of
the Company which was faxed to the Stock Exchange today.
If you have any questions regarding this disclosure, please contact Kristina
Perez at 954-527-7465 or Colleen Lightbourne at 954-527-7588. You may also
contact either individual by facsimile at 954-527-2160.
Letter from: Franklin Resources, Inc.
SCHEDULE
Elementis plc
Outstanding Shares 431,462,000
Registered Holder No. of Shares % of Class
Chase Nominees Ltd 72,998,659 16.9189%
Bank of New York Europe Ltd 3,244,313 0.7519%
Bankers Trust Company 95,508 0.0221%
Northern Trust Company 364,145 0.0844%
State Street Nominees Limited 1,795,000 0.4160%
Bank of New York (BONY) 4,812,096 1.1153%
Citibank Nominees Ltd. 116,986 0.0271%
Merrill Lynch 1,417,118 0.3284%
Lloyds Bank PLC 20,105 0.0047%
Midland Bank PLC 2,138,880 0.4957%
TOTAL 87,002,810 20.1647%
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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