31 January 2008
Elementis plc - Directorate change
Elementis (the 'Company') today announces the resignation of Matthew Peacock as
a non-executive director. He leaves the Board with the best wishes of his
Matthew Peacock joined the Board on 6 June 2005 as a principal of Hanover
Investors ('Hanover') when it held 15.2 per cent of the shares in the Company.
Hanover ceased to have a shareholding from June last year and following the
successful restructuring of the business, it was Matthew's intention to step
down shortly thereafter. He is therefore departing as planned to pursue his
many other business interests.
Bob Beeston, Chairman of Elementis, said: 'Matthew's experience and input over
the past few years has been invaluable and he will be sorely missed. I thank
him for his significant contribution to the success of the business and wish
him well in the future'.
Wai Wong, Company Secretary Tel: +44 (0)20 7408 9303
Andrew Dowler/Greg Quine Tel: +44 (0)20 7831 3113
This information is provided by RNS
The company news service from the London Stock Exchange