Director/PDMR Shareholding
Elementis PLC announced on April 7, 2026, that its Chief Executive Officer, Luc van Ravenstein, was granted a conditional share award of 873,144 ordinary shares, and its Chief Financial Officer, Kath Kearney-Croft, received an award of 477,157 ordinary shares under the 2018 Long Term Incentive Plan. These awards are tied to a three-year performance period from 2026 to 2028, with vesting on April 7, 2029, subject to continued employment and performance targets, followed by a two-year holding period. The awards represent 200% of the CEO's salary and 175% of the CFO's salary.
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The Company announces that on 7 April 2026 the following Directors and PDMR's were each granted conditional share awards under the Elementis plc 2018 Long Term Incentive Plan (LTIP) in respect of the three-year performance period (2026 to 2028), to acquire the number of ordinary shares of £0.05 in the Company set against their names in the table below. The awards are granted at 200% and 175% of salary for the Chief Executive Officer and Chief Financial Officer respectively.
The LTIP awards will normally vest on the third anniversary of the grant of the award (7 April 2029), subject to continued employment and the satisfaction of the performance targets as set out on page 128 of the Company's 2025 Annual Report and Accounts. Any resulting shares will be subject to a further holding period of two years from the date of vesting. The Remuneration Committee retains discretion to reduce the number of shares on vesting should it be considered appropriate to do so.
| Name | Title | Number of shares subject to the LTIP award |
|---|---|---|
| Luc van Ravenstein | Chief Executive Officer | 873,144 |
| Kath Kearney-Croft | Chief Financial Officer | 477,157 |
Person responsible for making this notification: Hannah Constantine, Group General Counsel & Company Secretary
| a) | Na me | LUC VAN RAVENSTEIN |
| 2 | Reaso n f or t he no t i f i cat i on | |
| a) | Position/ s tatus | CEO, DIRECTOR, PDMR |
| b) | I niti a l noti f i ca t i on/Am e ndm e nt | INITIAL NOTIFICATION |
| a) | Na me | ELEMENTIS PLC |
| b) | L E I | 549300LQIH685LI2ML36 |
| a) | Descriptio n o f the f in a n c i a l inst r um e nt, t y pe o f instrument I d e nti f i ca tion c o d e | SHARES GB0002418548 |
| b) | N a tu r e of t h e t ra nsa c tion | Grant of a conditional share award over 873,144 shares under the Elementis plc 2018 Long Term Incentive Plan |
| c) | Price(s ) an d volum e (s) | Price(s) Volume(s) N/A 873,144 |
| d) | Aggr e g ate d i n formation | |
| - Aggr e g a t e d v olume - P r i c e | N/A | |
| e ) | D a te of the tr a ns ac tion | 2026-04-07 |
| f) | Pl ac e o f the t r ansac tion | Outside of a trading venue |
| a) | Na me | KATH KEARNEY-CROFT |
| 2 | Reaso n f or t he no t i f i cat i on | |
| a) | Position/ s tatus | CFO, DIRECTOR, PDMR |
| b) | I niti a l noti f i ca t i on/Am e ndm e nt | INITIAL NOTIFICATION |
| a) | Na me | ELEMENTIS PLC |
| b) | L E I | 549300LQIH685LI2ML36 |
| a) | Descriptio n o f the f in a n c i a l inst r um e nt, t y pe o f instrument I d e nti f i ca tion c o d e | SHARES GB0002418548 |
| b) | N a tu r e of t h e t ra nsa c tion | Grant of a conditional share award over 477,157 shares under the Elementis plc 2018 Long Term Incentive Plan |
| c) | Price(s ) an d volum e (s) | Price(s) Volume(s) N/A 477,157 |
| d) | Aggr e g ate d i n formation | |
| - Aggr e g a t e d v olume - P r i c e | N/A | |
| e ) | D a te of the tr a ns ac tion | 2026-04-07 |
| f) | Pl ac e o f the t r ansac tion | Outside of a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.