Elementis PLC Holding(s) in Company

 
TIDMELM 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 
1. Identity of the issuer or the underlying issuer                                     ELEMENTIS PLC 
of existing 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        Aberdeen Asset Managers Limited (and/or acting for 
notification obligation:                        its affiliates) as discretionary investment manager 
                                                on behalf of multiple managed portfolios 
 
4. Full name of shareholder(s)                                                                   N/A 
 (if different from 3.): 
 
5. Date of the transaction and date on                                                   11 May 2017 
which the threshold is crossed or 
reached: 
 
6. Date on which issuer notified:                                                        12 May 2017 
 
7. Threshold(s) that is/are crossed or                                           5% of voting rights 
reached: 
 
 
 
 
8. Notified details: 
 
A: Voting rights attached to shares 
 
Class/type of    Situation previous        Resulting situation after the triggering transaction 
shares           to the triggering 
                 transaction 
if possible 
using            Number       Number       Number      Number of voting      % of  voting rights 
the ISIN CODE    of           of           of shares   rights 
                 Shares       Voting 
                              Rights                   Direct     Indirect   Direct       Indirect 
 
  GB0002418548   23,157,178   22,014,676   22,936,250             21,793,748              4.70% 
 
B: Qualifying Financial Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial       Expiration Exercise/               Number of voting        % of voting 
instrument              date       Conversion Period       rights that may be      rights 
                                                           acquired if the 
                                                           instrument is 
                                                           exercised/ converted. 
 
Right to recall lent                                       1,262,700               0.27% 
shares 
 
C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments 
 
Resulting situation after the triggering transaction 
 
Type of financial  Exercise   Expiration Exercise/     Number of voting rights  % of voting rights 
instrument         price      date       Conversion    instrument refers to 
                                         period 
 
                                                                                Nominal      Delta 
 
Total (A+B+C) 
 
Number of voting rights                          Percentage of voting rights 
 
23,056,448                                       4.97% 
 
 
 
 
9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: 
 
 
Aberdeen Asset Managers Limited (3.04%) 
 
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 total voting rights. 
 
                                             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 a 
                                             total voting rights figure of 463,672,659. 
 
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 
 
15 May 2017 
 
 
 
END 
 

(END) Dow Jones Newswires

May 15, 2017 06:00 ET (10:00 GMT)