PR Newswire
London, March 8
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) |
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| d) | Aggregated information | |||||
-Aggregated volume | N/A | |||||
| e) | Date of the transaction | 2018-03-07 | ||||
| f) | Place of the transaction | London, UK | ||||
