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Elementis PLC — Director's Dealing 2018
Mar 8, 2018
4640_dirs_2018-03-08_e5bc5da5-6d42-4fcc-ad84-9f16cb5b7889.html
Director's Dealing
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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
1Details of the person discharging managerial responsibilities / person closely associateda)NamePAUL WATERMAN2Reason for the notificationa)Position/statusCEO, DIRECTORb)Initial notification/AmendmentINITIAL NOTIFICATION3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameELEMENTIS PLCb)LEI549300LQIH685LI2ML36 4Details 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 conducteda)Description of the financial instrument, type of instrument
Identification codeSHARES
GB0002418548 b)Nature of the transactionVesting 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/Ae)Date of the transaction2018-03-07f)Place of the transactionLondon, UK
