Vesuvius PLC — Director's Dealing 2013

Apr 23, 2013

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RNS Number : 9901C

Vesuvius plc

23 April 2013

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 3.3

(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 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 should in block capital letters.

1.	Name of the issuer		2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R; (ii) a disclosure made in accordance with LR 9.8.6 R(1), or; (iii) a disclosure made in accordance with section 793 of the Companies act (2006)
	Vesuvius plc			(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 shareholders(s) and, if more than one, the number of shares held by each of them		8	State the nature of the transaction Purchase of shares
	Cevian Capital II GP Ltd  is the (indirect) holder of the voting rights attached to the shares. Legal owner of the shares is Vidacos Nominees Limited (acting as nominee).

9.	Number of shares, debentures or financial instruments relating to shares acquired 450,000	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
	Ordinary 10pence Shares		0.1616%
11.	Number of shares, debentures or financial instruments relating to shares disposed	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
	N/A		N/A
13.	Price per share or value of transaction £3.25 per share	14.	Date and place of transaction 19April 2013, London
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)	16.	Date issuer informed of transaction 22 April 2013
	56,443,446 Ordinary 10p shares, 20.27%, all held by Cevian Capital II GP Limited

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 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 Nick Jennings, Interim Deputy Company Secretary, Vesuvius plc, 0207 822 0000

Name and signature of duly authorised officer of issuer responsible for making notification

Nick Jennings, Interim Deputy Company  Secretary, Vesuvius plc

___________22 April  2013_______________________________________________

Date of notification 

This information is provided by RNS

The company news service from the London Stock Exchange

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