Elementis Director Sells Shares After LTIP Vesting
Why we think this is neutral
This RNS announcement is a routine notification of a director's share transaction following the vesting of LTIP awards. It does not contain any information about the company's trading performance, financial results, or other significant business updates.
Key Points
- CEO Luc van Ravenstein sold 41,276 shares to cover tax liabilities
- Shares were sold at £1.5274 per share
- 65,140 shares have been retained following the LTIP vesting
Summary
The CEO of the specialty chemicals company has sold a portion of his shares to cover tax liabilities after the vesting of LTIP awards.
Elementis plc has announced that CEO Luc van Ravenstein has sold 41,276 shares at £1.5274 per share to cover tax and related liabilities following the vesting of 106,416 LTIP share awards. He has retained 65,140 of the vested shares.
DIRECTOR DEALINGS