Information  X 
Enter a valid email address

Elementis PLC (ELM)

  Print      Mail a friend       Annual reports

Monday 02 July, 2001

Elementis PLC

Holding in Company

Elementis PLC
29 June 2001



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

ELEMENTIS PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SILCHESTER INTERNATIONAL INVESTORS LTD


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18



4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

PLEASE SEE BELOW


5)   Number of shares/amount of stock acquired.

PLEASE SEE BELOW


6)   (  % ) of issued Class


7)   Number of shares/amount of stock disposed



8)   (  %) of issued Class


9)   Class of security

ORDINARY SHARES OF 5P EACH


10)  Date of transaction

28TH JUNE 2001


11)  Date company informed

29TH JUNE 2001


12)  Total holding following this notification

64,934,459
               
              
13)  Total percentage holding of issued class following this notification

15.05%


14)  Any additional information


15)  Name of contact and telephone number for queries

KERIN WILLIAMS
020 7398 1439


16)  Name and signature of authorised company official responsible for 
     making this notification


     Date of Notification         29 JUNE 2001




LETTER TO: ELEMENTIS


LETTER DATED: 28TH JUNE 2001

We act as an Investment Manager for a number of large institutional investors
and for a number of commingled funds. In acting for our Clients, we are given
full discretion over the investments, and are empowered to vote on their behalf.
However, we do not act as their Custodian, and therefore shares are not held in
our name, but in the nominee name of their Custodian Bank.

Recent purchases/sales of shares in your company by ourselves, on behalf of our
clients, have resulted in our having control over the following shares (also see
below):

SILCHESTER:                    64,934,459         Ordinary Shares 

Our records show that you have the following shares in that class 

ELEMENTIS:                    431,400,000         Ordinary Shares 

As such, we exercise control over 15.05% of the shares of that class.



LETTER FROM:  SILCHESTER INTERNATIONAL INVESTORS LIMITED





Company:         Elementis

Share Class:     ORD

Issued Shares:   431,400,000     
                                    % of Class
SII Ownership:   64,934,459            15.05        Date: 28TH JUNE 2001


SII ACCOUNT      NOMINEE                     %   SHARE HOLDING     VOTING
                                                                  AUTHORITY

GROUP            Northern Trust Co        3.79       16,340,605      YES

GTINV            Northern Trust Co        0.20          843,000      YES

LICRF            Bankers Trust            0.23        1,000,000      YES

MOSER            Bankers Trust            0.82        3,549,000      YES

PATCH            Northern Trust Co        0.44        1,893,500      YES

SBC              Mellon Trust             0.47        2,022,000      YES

SIEBT            Northern Trust Co        7.80       33,648,744      YES

SOLAR            Daiwa Europe Bank        0.19          803,000      YES

TEXAS            Northern Trust Co        0.45        1,949,000      YES

TRUST            Northern Trust Co        0.33        1,412,590      YES

VITAL            Northern Trust Co        0.34        1,473,020      YES

TOTAL:                                               64,934,459