22nd May 2006 11:40
Elementis PLC22 May 2006 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (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 to 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 in block capital letters. 1. Name of the issuer Elementis plc 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) The acquisitions of shares in Elementis (as detailed below) are hereby notifiedpursuant to (i) above on behalf of Hanover I Fund LP and Hanover I Master FundLP as transactions conducted on their own accounts and pursuant to (ii) above byEdward Bramson. 3. Name of person discharging managerial responsibilities/director Edward Bramson 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person 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 refereed to in 4above. 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 - 6,246,929 - held on behalf of Hanover I fund LP andHanover I Master Fund LP (after the acquisitions as detailed below). 8 State the nature of the transaction Acquisition of 1,340,000 shares by Vidacos Nominees Limited on behalf of HanoverI Fund LP and Hanover I Master Fund LP (as detailed below). 9. Number of shares, debentures or financial instruments relating to sharesacquired 1,100,000 by Vidacos Nominees Limited on behalf of Hanover I Fund LP and HanoverI Master Fund LP on 15 May 2006. 240,000 by Vidacos Nominees Limited on behalf of Hanover I Fund LP and Hanover IMaster Fund LP on 18 May 2006. 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.25% by Vidacos Nominees Limited on behalf of Hanover I Fund LP and Hanover IMaster Fund LP on 15 May 2006. 0.05% by Vidacos Nominees Limited on behalf of Hanover I Fund LP and Hanover IMaster Fund LP on 18 May 2006. 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 13. Price per share or value of transaction 75.5p in relation to the acquisition on 15 May 2005. 79.0p in relation to the acquisition on 18 May 2005. 14. Date and place of transaction Acquisitions by Vidacos Nominees limited on behalf of Hanover I Fund LP andHanover I Master Fund LP: • 15 May 2006, London • 18 May 2006, London 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 1. Edward Bramson is interested in the following Elementis shares pursuant tosection 324 of the Companies Act 1985 - 6,246,929 (1.43%) 2. Vidacos Nominees limited - 6,246,929 (1.43%), of which 2,439,984 (0.55%) onbehalf of Hanover I Fund LP and 3,806,945 (0.88%) on behalf of Hanover I MasterFund LP 16. Date issuer informed of transaction 19 May 2006 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant N/A 18. Period during which or date on which it can be exercised N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved (class and number) N/A 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise N/A 22. Total number of shares or debentures over which options held followingnotification N/A 23. Any additional information N/A 24. Name of contact and telephone number for queries Jennifer Murphy, COMPANY SECRETARY. 020 7408 9300 Name and signature of duly authorised officer of issuer responsible for makingnotification Jennifer Murphy, COMPANY SECRETARY Date of notification 22 MAY 2006 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Elementis