Director/PDMR Shareholding

RNS Number : 1480I

Vesuvius plc

27 May 2014

 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer Vesuvius plc	2.	States whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act (2006), or (iii) paragraph 26 of the Model Code. (i)
3.	Name of person discharging managerial responsibilities/director  Christer Gardell	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person 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 The notification is in respect of a holding of Cevian Capital II GP Ltd.	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary 10pence Shares
7.	Name of registered shareholder(s) and, if more than one, the number of shares held by each of them Cevian Capital II G.P. Limited is the (indirect) holder of the voting rights attached to the shares. Legal owner of the shares is Vidacos Nominees Limited (acting as nominee).	8.	State the nature of the transaction Purchase of shares
9.	Number of shares, debentures or financial instruments relating to shares acquired   58,093 Ordinary 10pence Shares	10.	Percentage of issued class acquired (treasury shares of that class should not be taken in to account when calculating percentage)  0.0214%
11.	Number of shares, debentures or financial instruments relating to shares disposed N/A	12.	Percentage of issued class disposed (treasury shares of that class should not be taken in to account when calculating percentage) N/A
13.	Price per share or value of transaction £4.36 per share	14.	Date and place of transaction   23 May 2014, London
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 57,173,840 Ordinary 10p shares, 21.08%, all held by Cevian Capital II GP Limited	16.	Date issuer informed of transaction 27 May 2014

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 exercisable
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 the 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 Dominic Murray, Assistant Secretary, Vesuvius plc + 44 (0)20 7822 0000

 

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