Director/PDMR Shareholding
Elementis PLC
05 December 2005
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 ('ELEMENTIS')
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)(b) a disclosure made in accordance with section 324
(as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
THE ACQUISITION OF SHARES IN ELEMENTIS (AS DETAILED BELOW) ARE HEREBY
NOTIFIED PURSUANT TO (i) ABOVE ON BEHALF OF HANOVER I FUND LP AND HANOVER I
MASTER FUND LP AS TRANSACTIONS CONDUCTED ON THEIR OWN ACCOUNT AND PURSUANT
TO (ii) ABOVE BY EDWARD BRAMSON
3. Name of person discharging managerial responsibilities/director
EDWARD BRAMSON
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person
HANOVER I FUND LP;
HANOVER I MASTER FUND LP.
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 THE HOLDINGS OF THE PERSONS REFERRED TO
IN 4 ABOVE
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
ORDINARY SHARES
7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them
VIDACOS NOMINEES LIMITED - 4,906,929 - HELD ON BEHALF OF HANOVER I FUND LP
AND HANOVER I MASTER FUND LP (AFTER THE ACQUISITIONS AS DETAILED BELOW)
8. State the nature of the transaction
ACQUISITION OF 1,100,000 SHARES BY VIDACOS NOMINEES LIMITED ON BEHALF OF
HANOVER I FUND LP AND HANOVER I MASTER FUND LP (AS DETAILED BELOW)
9. Number of shares, debentures or financial instruments relating to shares
acquired
875,000 BY VIDACOS NOMINEES LIMITED ON BEHALF OF HANOVER I FUND LP AND
HANOVER I MASTER FUND LP ON 30 NOVEMBER 2005;
225,000 BY VIDACOS NOMINEES LIMITED ON BEHALF OF HANOVER I FUND LP AND
HANOVER I MASTER FUND LP ON 1 DECEMBER 2005;
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
0.20% BY VIDACOS NOMINEES LIMITED ON BEHALF OF HANOVER I FUND LP AND
HANOVER I MASTER FUND LP ON 30 NOVEMBER 2005;
0.05% BY VIDACOS NOMINEES LIMITED ON BEHALF OF HANOVER I FUND LP AND
HANOVER I MASTER FUND LP ON 1 DECEMBER 2005;
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 into account when calculating percentage)
N/A
13. Price per share or value of transaction
70P IN RELATION TO ACQUISITION ON 30 NOVEMBER 2005
69.78P IN RELATION TO ACQUISITION ON 1 DECEMBER 2005
14. Date and place of transaction
ACQUISITIONS BY VIDACOS LIMITED ON BEHALF OF HANOVER I FUND LP AND
HANOVER I MASTER FUND LP:
• 30 NOVEMBER 2005, LONDON
• 1 DECEMBER 2005, LONDON
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
1. EDWARD BRAMSON IS INTERESTED IN THE FOLLOWING ELEMENTIS SHARES PURSUANT
TO SECTION 324 OF THE COMPANIES ACT 1985 - 4,906,929 (1.13%)
2. VIDACOS NOMINEES LIMITED - 1,109,457 (0.26%) ON BEHALF OF HANOVER I FUND
LP AND 3,797,472 (0.87%) ON BEHALF OF HANOVER I MASTER FUND LP
16. Date issuer informed of transaction
2 DECEMBER 2005
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 it can be exercised
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 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
24. Name of contact and telephone number for queries
Name and signature of duly authorised officer of issuer responsible for
making notification
MARK PRUDDEN
Date of notification
5 DECEMBER 2005
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