18th Feb 2005 07:02
HIP IV Inc17 February 2005 FORM SAR 3 Date of disclosure...17 February 2005.... DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs") Date of acquisition......17 February 2005....................................... Acquisition in...........Elementis PLC.........................(name of company) (1) Class of voting shares Number of shares/rights If rights over shares (eg ordinary shares) over shares acquired acquired, as opposed to the shares themselves, specify nature of rights ...Ordinary......... ...2,000,000....shares ..................... ...N/A..........rights (2) Resultant total holding Resultant total holding Total percentage of voting shares (and % of rights over shares of total voting shares (and % of total voting in issue) shares in issue) unaggregated:65,323,071 shares.....(15.14%) ....n/a ........( %) unaggregated: (15.14%) aggregated aggregated (see 4(b) below): (see 4(b) below):65,695,000 shares (15.23%) (15.23%) (3) Party making disclosure......HIP IV Incorporated............................ (4) (a) Name of person acquiring shares or rights over shares ............ Hanover Investors Partners - V,LLC and, if different, beneficial owner............................... (b) Names of any other persons acting by agreement or understanding (see SAR 5)..Hanover Investors Partners IV-L.P.(owner of 371,929 shares) Signed, for and on behalf of the party named in (3) above................... (Also print name of signatory).....Craig McKibben........................... Telephone and extension number.....+1 212 735 1000.......................... Note 1. Under SAR 5, the holdings of and acquisitions by persons acting byagreement or understanding must be aggregated and treated as a holding of oracquisition by one person. Note 3 on SAR 5 requires persons who must aggregateholdings to disclose certain disposals. Note 2: The resultant total percentage holding of voting shares and rights overshares is to be calculated by reference to the percentage held and in issueoutside treasury. For full details of the SARs disclosure requirements, see Rules 3 and 5 of theSARs. If in doubt, contact the Panel on Takeovers and Mergers, MonitoringSection, Tel. No: 020 7638 0129. E-mail: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Elementis