TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Elementis Group plc |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Lloyds Banking Group plc |
4. Full name of shareholder(s) (if different from 3.): |
See Section 9 |
5. Date of the transaction and date on which the threshold is crossed or reached: |
2 October 2009 |
6. Date on which issuer notified: |
6 October 2009 |
7. Threshold(s) that is/are crossed or reached: |
Direct/Indirect decrease to below 8% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
Ord.5p ISIN GB0002418548 |
39,861,696 |
39,861,696 |
705,027 |
705,027 |
35,105,430 |
0.157% |
7.835% |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
35,810,457 |
7.992% |
9. Chain of controlled undertakings through which the voting rights and/or the |
28,750,886 Shares (6.416%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests). 6,526,066 shares (1.456%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests). |
Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
11. Number of voting rights proxy holder will cease to hold: |
N/A |
12. Date on which proxy holder will cease to hold voting rights: |
N/A |
13. Additional information: |
Notification using the total voting rights figure of 448,083,403 |
14. Contact name: |
Kenny Melville |
15. Contact telephone number: |
0131 243 5301 |