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. As such, the news is neutral and does not warrant a strong sentiment score.
Key Points
- Director Ralph Hewins sold 132,625 shares to cover tax liabilities
- Shares were sold at £1.5274 per share
- Hewins retained 148,708 of the 281,333 vested LTIP shares
Summary
The specialty chemicals company has announced a director's share sale after the vesting of LTIP awards.
Elementis plc has announced that CFO and Director Ralph Hewins has sold 132,625 shares at £1.5274 per share to satisfy tax and related liabilities following the vesting of 281,333 LTIP share awards. Hewins has retained 148,708 of the vested shares.
DIRECTOR DEALINGS