Edition:
United Kingdom

Elementis PLC (ELM.L)

ELM.L on London Stock Exchange

256.60GBp
4:53pm BST
Change (% chg)

5.80 (+2.31%)
Prev Close
250.80
Open
250.80
Day's High
257.60
Day's Low
250.60
Volume
814,017
Avg. Vol
829,580
52-wk High
321.80
52-wk Low
238.00

Latest Key Developments (Source: Significant Developments)

Elementis Sells Jersey City Site For $17 Mln
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Elementis PLC ::ELEMENTIS PLC: DISPOSAL OF JERSEY CITY SITE.REACHED AN AGREEMENT TO SELL JERSEY CITY SITE IN NEW JERSEY TO 400 CLAREMONT URBAN RENEWAL LLC FOR A SUM OF $17M.PROCEEDS RESULTING FROM SALE WILL BE USED FOR GENERAL CORPORATE PURPOSES AND TOWARDS DEBT REDUCTION.  Full Article

Elementis H1 Cont. Ops. Revenue Rose 10 Pct To $421 Mln
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Elementis PLC ::H1 REVENUE FROM CONTINUING OPERATIONS ROSE 10 PERCENT TO 421 MILLION USD.2018 OUTLOOK UNCHANGED.HY INTERIM DIVIDEND OF 2.95C PER SHARE DECLARED, UP 9% ON PRIOR YEAR..HY PROFIT BEFORE TAX $46.8M VERSUS $44.9M AS REPORTED YEAR AGO.HY STATUTORY OPERATING PROFIT INCREASED BY 10% TO $56M.  Full Article

Elementis Says Co Exploring Its Options On Mondo Minerals Transaction
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Elementis PLC ::UPDATE REGARDING PROPOSED ACQUISITION OF MONDO MINERALS.NUMBER OF ELEMENTIS' MAJOR SHAREHOLDERS HAVE EXPRESSED CONCERNS ABOUT MONDO MINERALS TRANSACTION.BOARD IS EXPLORING ITS OPTIONS IN RELATION TO MONDO MINERALS TRANSACTION.  Full Article

Elementis to buy Mondo for enterprise value of $600 mln
Friday, 29 Jun 2018 

June 29 (Reuters) - Elementis Plc ::PROPOSED $600 MLN ACQUISITION & $280M RIGHTS ISSUE.REACHED AN AGREEMENT IN PRINCIPLE IN RELATION TO PROPOSED ACQUISITION OF MONDO MINERALS B.V..OFFER PRICE VALUES MONDO AT AN ENTERPRISE VALUE OF $600 MILLION ON A CASH FREE, DEBT FREE BASISDEAL TO BE IMMEDIATELY ACCRETIVE TO ELEMENTIS' EBITDA MARGINS.BOARD EXPECTS TO BE ABLE TO MAINTAIN ELEMENTIS' EXISTING DIVIDEND POLICY FOLLOWING COMPLETION OF ACQUISITION.DEAL TO BE ACCRETIVE TO ADJUSTED EARNINGS PER SHARE IN FIRST FULL YEAR OF OWNERSHIP.ACQUISITION IS EXPECTED TO EXCEED ELEMENTIS' WEIGHTED AVERAGE COST OF CAPITAL IN FOURTH FULL YEAR OF OWNERSHIP.DEAL, EXISTING DEBT OF GROUP AND MONDO AND FUNDING OF ENLARGED GROUP GOING FORWARDS, ARE ALL EXPECTED TO BE FINANCED BY A RIGHTS ISSUE.CONFIDENT OF DELIVERING CONTINUED PROGRESS IN 2018, IN LINE WITH CO'S PREVIOUS EXPECTATIONS.ACQUISITION, EXISTING DEBT OF GROUP AND MONDO, OTHERS EXPECTED ALSO TO BE FINANCED BY NEW COMMITTED DEBT FACILITIES OF $775 MILLION.MONDO IS CURRENTLY OWNED BY ADVENT INTERNATIONAL.  Full Article

Elementis Says To Sell Surfactants Business For 39 Mln Euros
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Elementis Plc ::ELEMENTIS PLC - ‍ELEMENTIS ANNOUNCES SALE OF SURFACTANTS BUSINESS​.ELEMENTIS PLC - ‍ENTERED AGREEMENT TO SELL SURFACTANTS BUSINESS LOCATED IN NETHERLANDS TO KOLB DISTRIBUTION FOR A CASH CONSIDERATION OF EUR 39 MILLION​.ELEMENTIS PLC - ‍PROCEEDS RESULTING FROM SALE WILL BE USED FOR GENERAL CORPORATE PURPOSES AND TOWARDS DEBT REDUCTION​.  Full Article

Elementis sees improved full year outcome versus 2016 for Chromium unit​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - ELEMENTIS PLC ::FOR QUARTER ENDED SEPT. 30, ‍SPECIALTY PRODUCTS PERFORMED WELL AND IN LINE WITH EXPECTATIONS​.‍CONTINUE TO EXPECT AN IMPROVED FULL YEAR OUTCOME VERSUS 2016 FOR CHROMIUM​."‍GOING FORWARD, WE CONTINUE TO SEE SIGNIFICANT POTENTIAL FOR ELEMENTIS AS WE IMPLEMENT OUR REIGNITE GROWTH STRATEGY​" - CEO.‍EXPECT AN IMPROVED FULL YEAR OUTCOME VERSUS 2016 FOR CHROMIUM UNIT​.  Full Article

Elementis names Ralph Hewins as CFO
Tuesday, 1 Nov 2016 

Elementis Plc : Says Brian Taylorson has stepped down from that role as well as from board .Says Ralph Hewins has taken up role as group CFO with immediate effect.  Full Article

Deals of the day-Mergers and acquisitions

Sept 11 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: