16th Jun 2006 11:02
Elementis PLC16 June 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS 1. Name of the issuer Elementis plc ("Elementis") 2. Details of whether the notification relates to: (i) a transaction required to be notified in accordance with DR 3.1.2R or (ii) a disclosure made in accordance with section 324 (as extended by section328) of the Companies Act 1985; or (iii) both (i) and (ii) The acquisition and disposal of shares in Elementis (as detailed below) arehereby notified pursuant to (i) above on behalf of Hanover I Fund LP and HanoverI Master Fund LP as transactions conducted on their own account and pursuant to(ii) above by Matthew Peacock. 3. Name of person discharging managerial responsibilities/director Matthew Peacock. 4. The notification relates to the following person or personsconnected with a person discharging managerial responsibilities/director namedin 3: Hanover I Fund LP; Hanover I Master Fund LP. 5. Indicate whether the notification is in respect of a holding of the personreferred 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 orfinancial instruments relating to shares Ordinary shares 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them Vidacos Nominees Limited - 7,346,929 - held on behalf of Hanover I Fund LP andHanover I Master Fund LP (after the acquisition and disposal as detailed below). 8 Nature of the transactions Acquisition of 235,585 shares by Vidacos Nominees Limited on behalf of Hanover IFund LP (as detailed below). Disposal of 235,585 shares by Vidacos Nominees Limited on behalf of Hanover IMaster Fund LP (as detailed below). 9. Number of shares, debentures or financial instruments relating to sharesacquired 235,585 by Vidacos Nominees Limited on behalf of Hanover I Fund LP on 9 June2006. 10. Percentage of issued class acquired (excluding treasury shares of thatclass) 0.05% by Vidacos Nominees Limited on behalf of Hanover I Fund LP on 9 June 2006. 11. Number of shares, debentures or financial instruments relating to sharesdisposed 235,585 by Vidacos Nominees Limited on behalf of Hanover I Master Fund LP on 9June 2006. 12. Percentage of issued class disposed (excluding treasury shares of thatclass) 0.05% by Vidacos Nominees Limited on behalf of Hanover I Master Fund LP on 9June 2006. 13. Price per share or value of transactions 80.5p in relation to acquisition on 9 June 2006 80.5p in relation to disposal on 9 June 2006 14. Date and place of transactions Acquisition by Vidacos Nominees Limited on behalf of Hanover I Fund LP: • 9 June 2006, London Disposal by Vidacos Nominees Limited on behalf of Hanover I Master Fund LP: • 9 June 2006, London 15. Total holding following notification and total percentage holding followingnotification (excluding any treasury shares): 1. Matthew Peacock is interested in the following Elementis shares pursuant tosection 324 of the Companies Act 1985 - 7,346,929 (1.67%). 2. Vidacos Nominees Limited - 7,346,929 (1.67%), of which 3,364,460 (0.77%) onbehalf of Hanover I Fund LP and 3,982,469 (0.91%) on behalf of Hanover I MasterFund LP. 16. Date issuer informed of transaction 15 June 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Elementis