Administrateur / Actionnariat PDMR
Aleo Solar SA
€0.00
07:46 20/03/24
Elementis plc
('Elementis' or 'the Company')
Directeur/PDMR Actionnariat
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Elementis announces that on 8 April 2024 the following Directors have been granted conditional share awards under the Elementis plc 2018 Long Term Incentive Plan (LTIP) with a vesting date of 8 April 2027 at a cost of nil pence per share.
Nom | Titre | Nombre de partages (Performance Share Awards) |
paul Batelier | Chief Executive Officer | 1,107,011 |
Ralph Hewins | chef De la direction financière | 489,054 |
The above quantum of awards are as detailed in the 2023 Directors' Remuneration Report and are based on award multiples set at 200% and 175% of salary both for the Chief Executive Officer and Chief Financial Officer respectively.
In addition, the Remuneration Committee (Committee) will retain discretion to reduce the number of shares on vesting should it be considered appropriate to do so (e.g. in the event that there was perceived windfall gain).
Subject to the terms of the LTIP plan rules, the above awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions (see below) are satisfied over the three financial years ending 31 December 2026. Shares that vest (post selling any shares required to meet associated tax liabilities) are also subject to a two-year holding requirement.
Performance conditions
The full performance conditions to apply to the 2024 awards are as follows:
Mes Revenus / Partager (25% weighting)
EPS | % of EPS partie forteresse |
Less than 14 cents | 0% |
Cents 17 | 50% |
Cents 18.5 | 100% |
Acquisition sera sur un ligne droite base jusqu'à XNUMX fois performant des points.
Relatif Total Actionnaire Retour (25% weighting)
Elementis versus FTSE ALL Share Constituents (à l'exclusion Investissement Trusts) | % of TSR part forteresse |
En dessous de la médiane | 0% |
Moyenne | 25% |
Plus haut quartile | 100% |
Acquisition sera sur un ligne droite base jusqu'à XNUMX fois le médiane ainsi que supérieur quartile.
Opérateurs Argent liquide Conversion (25% weighting)
Trois ans Opérateurs Argent liquide Conversion | % of Conversion de trésorerie d'exploitation partie forteresse |
Moins que 80% | 0% |
80% | 0% |
100% | 100% |
Acquisition sera sur un ligne droite base jusqu'à XNUMX fois performant des points.
Marge bénéficiaire d'exploitation (25% weighting)
Trois ans Opérateurs Argent liquide Conversion | % of Conversion de trésorerie d'exploitation partie forteresse |
18% | 0% |
19% | 50% |
20% | 100% |
Acquisition sera sur un ligne droite base jusqu'à XNUMX fois performant des points.
Vesting based on the above performance conditions will be subject to a return on capital employed underpin. This will require the Committee to consider the vesting result determined based on the application of the EPS, TSR, operating cash conversion and operating profit margin performance conditions in light of the return on capital employed achieved during the three year period ending 31 December 2026 relative to the Board's internal plans over the period. If the Committee does not consider the vesting result appropriate in light of the return, the underpin enables vesting to be reduced to a more appropriate level.
Set out below are the notifications made in accordance with Article 19 of the Market Abuse Regulation.
Notification et divulgation publique des transactions par les personnes exerçant des responsabilités de direction et les personnes qui leur sont étroitement liées
1 | DetaILS of the person dischargingurgiter managerial resPonsibilities / person cls'applique toujours, ly AssociATED | |||||
a) | Name | PAUL EAUMAN | ||||
2 | Raisonn for til nontification | |||||
a) | Positionner/sTatus | PDG, DIRECTEUR | ||||
b) | Iniaje notfication/SuiseNDMent | NOTIFICATION INITIALE | ||||
3 | DetaILS of til jessuer, emission allowance market participant, auctisur platform, auctioneer or auction monitor | |||||
a) | Name | Automate ELEMENTIS | ||||
b) | LEI | 549300LQIH685LI2ML36 | ||||
4 | DetaILS of the transacreion(S): section tl'être repmangerd for (i) each type of dansstrument; (ii)) each typee of sexecproduction; (iii)) each données; and (iv) each place where transactions avoir been cOnducted | |||||
a) | Descriptionn of le Financial'instrumeNT, type of instrument
Identificaproduction code | ACTIONS
GB0002418548
| ||||
b) | Nature de thetraNSAcproduction | Grant of a conditional share award over 1,107,011 shares under the Elementis plc 2018 Long Term Incentive Plan with a vesting date of 8 April 2027 at a cost of nil pence per share. | ||||
c) | Des prix) and volumee(S) |
| ||||
d) | Agrégategmangéd information |
| ||||
- Agrégategated volume- Price |
N/D | |||||
e) | Date du transacproduction | 2024-04-08 | ||||
f) | Place of le trAnsacproduction | En dehors d'une plate-forme de négociation
|
Notification et divulgation publique des transactions par les personnes exerçant des responsabilités de direction et les personnes qui leur sont étroitement liées
1 | DetaILS of the person dischargingurgiter managerial resPonsibilities / person cls'applique toujours, ly AssociATED | |||||
a) | Name | RALPH HEWINS | ||||
2 | Raisonn for til nontification | |||||
a) | Positionner/sTatus | Directeur Financier, Directeur | ||||
b) | Iniaje notfication/SuiseNDMent | NOTIFICATION INITIALE | ||||
3 | DetaILS of til jessuer, emission allowance market participant, auctisur platform, auctioneer or auction monitor | |||||
a) | Name | Automate ELEMENTIS | ||||
b) | LEI | 549300LQIH685LI2ML36 | ||||
4 | DetaILS of the transacreion(S): section tl'être repmangerd for (i) each type of dansstrument; (ii)) each typee of sexecproduction; (iii)) each données; and (iv) each place where transactions avoir been cOnducted | |||||
a) | Descriptionn of le Financial'instrumeNT, type of instrument
Identificaproduction code | ACTIONS
GB0002418548
| ||||
b) | Nature de thetraNSAcproduction | Grant of a conditional share award over 489,054 shares under the Elementis plc 2018 Long Term Incentive Plan with a vesting date of 8 April 2027 at a cost of nil pence per share. | ||||
c) | Des prix) and volumee(S) |
| ||||
d) | Agrégategmangéd information |
| ||||
- Agrégategated volume- Price |
N/D | |||||
e) | Date du transacproduction | 2024-04-08 | ||||
f) | Place of le trAnsacproduction | En dehors d'une plate-forme de négociation
|
Person responsible for making this notification: Anna Lawrence, Group General Counsel & Company Secretary
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