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Elementis plc - Director/PDMR Shareholding
Elementis plc - Director/PDMR Shareholding.
About this update from Elementis Plc
[{"type":"text","content":"\n \n\n\n\nThe Company announces that, under the rules of the Elementis plc\nSavings-Related Share Option Scheme (2008), the following grant of\nsavings-related options (for nil consideration) was made on 3\nSeptember 2008 at an exercise price of 68.96 pence per Ordinary\nShare:\n\n\n+-------------------------------------------------------------------+\n| Director (1) or PDMR (2) | Number of options granted over |\n| | Ordinary Shares of 5 pence each |\n|--------------------------+----------------------------------------|\n| Brian Taylorson (1) | 13,631 |\n+-------------------------------------------------------------------+\n\n\nThe options can be exercised between 1 October 2011 and 31 March\n2012.\n\nIncluding the above grant, the total number of executive and\nsavings-based options held over shares by the above individual is as\nfollows:\n\n+-------------------------------------------------------------------+\n| Director or PDMR | Number of options held over Ordinary Shares of |\n| | 5 pence each after this notification |\n|------------------+------------------------------------------------|\n| Brian Taylorson | 1,276,880 |\n+-------------------------------------------------------------------+\n\n\nIn addition to the above holding of options, the above individual\nalso holds options over shares under the Elementis Long Term\nIncentive Plan as follows:\n\n+-------------------------------------------------------------------+\n| Director or PDMR | Number of options held over Ordinary Shares of |\n| | 5 pence each |\n|------------------+------------------------------------------------|\n| Brian Taylorson | 20% share of the LTIP pool1 |\n+-------------------------------------------------------------------+\n\n\n1The LTIP pool is calculated as 2.15% of the net increase in value of\nthe Company (defined as market capitalisation plus dividends paid or\ndeclared) during the three year performance period, after deduction\nof 31% (representing the cost of equity over the three year period).\n\nThis notification is made in accordance with Disclosure and\nTransparency Rule 3.1.4R(1)(a) of the Disclosure and Transparency\nRules sourcebook and concern the beneficial interests of the\nindividual named above and not any of his connected persons.\n\nWai Wong\nCompany Secretary\n020 7408 9303\n\n4 September 2008\n\n---END OF MESSAGE---\n\n\n\n...