Director/PDMR Shareholding

RNS Number : 2851I
Vesuvius plc
28 May 2014
 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.

Name of the issuer

 

 

 

 

Vesuvius plc

2.

States whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act (2006), or (iii) paragraph 26 of the Model Code.

 

(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 shareholder(s) and, if more than one, the number of shares held by each of them

Cevian Capital II G.P. Limited is the (indirect) holder of the voting rights attached to the shares. Legal owner of the shares is Vidacos Nominees Limited (acting as nominee).

8.

State the nature of the transaction

 

 

Purchase of shares

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

13,701 Ordinary 10pence Shares

10.

Percentage of issued class acquired (treasury shares of that class should not be taken in to account when calculating percentage)

 

 0.0051%

11.

Number of shares, debentures or financial instruments relating to shares disposed


N/A

12.

Percentage of issued class disposed (treasury shares of that class should not be taken in to account when calculating percentage)

N/A

13.

Price per share or value of transaction

 

£4.40 per share

14.

Date and place of transaction

 

 
27 May 2014, London 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

57,187,541 Ordinary 10p shares, 21.09%, all held by Cevian Capital II GP Limited

16.

Date issuer informed of transaction

 

 


28 May 2014

 

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 exercisable

 

 

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 the 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

Dominic Murray, Assistant Secretary, Vesuvius plc

+ 44 (0)20 7822 0000

 

 

 

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

Dominic Murray, Assistant Secretary, Vesuvius plc

Date of notification - 28 May 2014

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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