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ELEMENTIS PLC - Holding(s) in Company

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By PR Newswire

PR Newswire

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ELEMENTIS PLC
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
notification obligation:
Aberdeen Asset Managers Limited (and/or acting for its affiliates) as discretionary investment manager on behalf of multiple managed portfolios
4. Full name of shareholder(s)
 (if different from 3.):
N/A
5. Date of the transaction and date on
which the threshold is crossed or
reached:
20 April 2017
6. Date on which issuer notified: 25 April 2017
7. Threshold(s) that is/are crossed or
reached:
5% of voting rights attached to shares

   

8. Notified details:
A: Voting rights attached to shares
Class/type of
shares


if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of  voting rights
Direct Indirect Direct Indirect
GB0002418548 24,335,667 23,204,265 23,940,599 22,798,097 4.92%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
Exercise/
Conversion Period
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights
Right to recall lent shares 1,262,700 0.27%
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price Expiration date Exercise/
Conversion period
Number of voting rights instrument refers to % of voting rights
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights
24,060,797 5.19%

   

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Aberdeen Asset Managers Limited (3.24%)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease
to hold:
12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:
This notification is due to crossing below the 5% threshold of voting rights attached to shares due to trading activity. The total holding including the right to recall lent shares remains above the 5% threshold.

In reference to section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.

This disclosure has been calculated based on an issued share capital amount of 463,666,534.
14. Contact name:
Ben Van Loon
15. Contact telephone number:
01224 404090

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 7067 2999

25 April 2017

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