Information  X 
Enter a valid email address

Elementis PLC (ELM)

  Print      Mail a friend       Annual reports

Friday 16 June, 2006

Elementis PLC

Director/PDMR Shareholding

Elementis PLC
16 June 2006


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY 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 section
328) of the Companies Act 1985; or

(iii) both (i) and (ii)

The acquisition and disposal of shares in Elementis (as detailed below) are
hereby notified pursuant to (i) above on behalf of Hanover I Fund LP and Hanover
I 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 persons
connected with a person discharging managerial responsibilities/director named
in 3:

Hanover I Fund LP;

Hanover I Master Fund LP.

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 the holdings of the persons referred to in 4.
above.

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

Ordinary shares

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

Vidacos Nominees Limited - 7,346,929 - held on behalf of Hanover I Fund LP and
Hanover 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 I
Fund LP (as detailed below).

Disposal of 235,585 shares by Vidacos Nominees Limited on behalf of Hanover I
Master Fund LP (as detailed below).

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

235,585 by Vidacos Nominees Limited on behalf of Hanover I Fund LP on 9 June
2006.

10. Percentage of issued class acquired (excluding treasury shares of that
class)

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 shares
disposed

235,585 by Vidacos Nominees Limited on behalf of Hanover I Master Fund LP on 9
June 2006.

12. Percentage of issued class disposed (excluding treasury shares of that
class)

0.05% by Vidacos Nominees Limited on behalf of Hanover I Master Fund LP on 9
June 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 following
notification (excluding any treasury shares):

1. Matthew Peacock is interested in the following Elementis shares pursuant to
section 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%) on
behalf of Hanover I Fund LP and 3,982,469 (0.91%) on behalf of Hanover I Master
Fund LP.

16. Date issuer informed of transaction

15 June 2006



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