ELEMENTIS PLC - Director/PDMR Shareholding

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)

Price(s)	Volume(s)
£3.105875	93,173

d)

Aggregated information

-Aggregated volume

N/A

e)

Date of the transaction

2018-03-07

f)

Place of the transaction

London, UK