Information  X 
Enter a valid email address

Elementis PLC (ELM)

  Print      Mail a friend       Annual reports

Wednesday 20 October, 2010

Elementis PLC

Holding(s) in Company






+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+

+----------------------------------------------------------------+-------------+
|1. Identity of the issuer or the underlying issuer of existing  |Elementis plc|
|shares to which voting rights are attached:                     |             |
+----------------------------------------------------------------+-------------+

+------------------------------------------------------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+----------------------------------------------------------------------------+-+
|                                                                            | |
|An acquisition or disposal of voting rights                                 |X|
+----------------------------------------------------------------------------+-+
|                                                                            | |
|An acquisition or disposal of qualifying financial instruments which may    | |
|result in the acquisition of shares already issued to which voting rights   | |
|are attached                                                                | |
+----------------------------------------------------------------------------+-+
|                                                                            | |
|An acquisition or disposal of instruments with similar economic effect to   | |
|qualifying financial instruments                                            | |
+----------------------------------------------------------------------------+-+
|                                                                            | |
|An event changing the breakdown of voting rights                            | |
+----------------------------------------------------------------------------+-+
|                                                                            | |
|Other (please specify):                                                     | |
+----------------------------------------------------------------------------+-+

+------------------------------------------+-----------------------------------+
|3. Full name of person(s) subject to the  |Lloyds Banking Group plc           |
|notification obligation:                  |                                   |
|                                          |                                   |
+------------------------------------------+-----------------------------------+
|4. Full name of shareholder(s) (if        |See Section 9                      |
|different from 3.):                       |                                   |
|                                          |                                   |
+------------------------------------------+-----------------------------------+
|5. Date of the transaction and date on    |19 October 2010                    |
|which the threshold is crossed or reached:|                                   |
|                                          |                                   |
+------------------------------------------+-----------------------------------+
|6. Date on which issuer notified:         |20 October 2010                    |
|                                          |                                   |
+------------------------------------------+-----------------------------------+
|7. Threshold(s) that is/are crossed or    |Direct / Indirect holdings reduced |
|reached:                                  |to below 7%                        |
|                                          |                                   |
+------------------------------------------+-----------------------------------+

+----------------------------------------------------------------------------------------+
|8. Notified details:                                                                    |
+----------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                     |
|                                                                                        |
+-------------+-----------------------+--------------------------------------------------+
|Class/type of|Situation previous     |Resulting situation after the triggering          |
|shares       |to the triggering      |transaction                                       |
|             |transaction            |                                                  |
|if possible  +------------+----------+----------+----------------------+----------------+
|using        |Number      |Number    |Number    |Number of voting      |% of  voting    |
|the ISIN CODE|of          |of        |of shares |rights                |rights          |
|             |Shares      |Voting    +----------+----------+-----------+-------+--------+
|             |            |Rights    |Direct    |Direct    |Indirect   |Direct |Indirect|
+-------------+-----------++----------+----------+----------+-----------+-------+--------+
|             |           |           |          |          |           |       |        |
| Ord. 5p     |           |           |          |          |           |       |        |
| ISIN        | 31,467,172| 31,467,172| 1,348,893| 1,348,893| 28,788,892| 0.301%| 6.420% |
| GB0002418548|           |           |          |          |           |       |        |
+-------------+-----------+-----------+----------+----------+-----------+-------+--------+

+-------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                      |
+-------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                     |
|                                                                         |
+-----------------+----------+----------+---------------------+-----------+
|Type of financial|Expiration|Exercise/ |Number of voting     |% of voting|
|instrument       |date      |Conversion|rights that may be   |rights     |
|                 |          |Period    |acquired if the      |           |
|                 |          |          |instrument is        |           |
|                 |          |          |exercised/ converted.|           |
|                 |          |          |                     |           |
+-----------------+----------+----------+---------------------+-----------+
|N/A              |          |          |                     |           |
+-----------------+----------+----------+---------------------+-----------+

+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments                                                                   |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
|                                                                              |
+---------------+--------+----------+----------+--------------+----------------+
|Type of        |Exercise|Expiration|Exercise/ |Number of     |% of voting     |
|financial      |price   |date      |Conversion|voting        |rights          |
|instrument     |        |          |period    |rights        |                |
|               |        |          |          |instrument    |                |
|               |        |          |          |refers to     |                |
+---------------+--------+----------+----------+--------------+-------+--------+
|               |        |          |          |              |Nominal| Delta  |
|               |        |          |          |              |       |        |
|               |        |          |          |              +-------+--------+
|               |        |          |          |              |       |        |
+---------------+--------+----------+----------+--------------+-------+--------+

+-------------------------------------------------------+
| Total (A+B+C)                                         |
|                                                       |
+-------------------------+-----------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------+-----------------------------+
| 30,137,785              | 6.721%                      |
+-------------------------+-----------------------------+

+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:                    |
+------------------------------------------------------------------------------+
|29,709,497 shares (6.625%) are under the control of Scottish Widows Investment|
|Partnership Ltd, a wholly owned subsidiary of Scottish Widows Investment      |
|Partnership Group Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd,|
|a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of|
|Lloyds Banking Group plc (Indirect Interests).                                |
|                                                                              |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------+
| Proxy Voting:                                                          |
|                                                                        |
+------------------------------------------------------------------+-----+
| 10. Name of the proxy holder:                                    | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+
| 11. Number of voting rights proxy holder will cease to hold:     | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
|                                                                  |     |
+------------------------------------------------------------------+-----+

+-----------------------------+------------------------------------------------+
|13. Additional information:  |Notification using the total voting rights      |
|                             |figure of 448,415,171                           |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |Matthew Wilson                                  |
|                             |                                                |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|0113 235 7729                                   |
|                             |                                                |
+-----------------------------+------------------------------------------------+

This notification is made in accordance with Rule 5.8.12 R(1) of the Disclosure
and Transparency Rules sourcebook.

Wai Wong
Company Secretary
020 7408 9303



[HUG#1453622]








This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Elementis PLC via Thomson Reuters ONE