Vesuvius : Holding(s) in Company - replacement

The following amendment has been made to the ' TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES ' announcement released on 13 March 2014 at 15.51 under RNS Number: 2740C

Certain parties no longer hold indirect voting rights in Vesuvius due to a change in control at Artisan.  However, Artisan and its remaining related entities still hold these voting rights in Vesuvius shares, hence the following text is added to Box 13 of the above TR-1 notification: 

For the avoidance of doubt, Artisan Partners Limited Partnership and its related companies, retain an interest of 10.16% in Vesuvius plc shares and will continue to file notices in respect of that holding as and when required.

All other details remain unchanged.

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.   Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :

Vesuvius plc

2. Reason for the notification (please state Yes/No ):

An acquisition or disposal of voting rights: (  )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:

An event changing the breakdown of voting rights: (    )

Other (please specify)  A disposal of indirectly held voting rights in the issuer by Artisan Investment Corporation, ZFIC, Inc., Andrew A. Ziegler and Carlene M. Ziegler pursuant to a corporate restructuring.

3. Full name of person(s) subject to the notification obligation:

Artisan Partners Limited Partnership , Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc., Artisan Investment Corporation, ZFIC, Inc., Andrew A. Ziegler and Carlene M. Ziegler.

4. Full name of shareholder(s) (if different from 3.):

State Street,  Bank of New York, Mellon Bank, Northern Trust, JP Morgan Chase and Pictet & Cie

5. Date of the transaction (and date on which the threshold is crossed or reached if different): 12 March 2014

6. Date on which issuer notified: 12 March 2014 (after close of business)

7. Threshold(s) that is/are crossed or reached: Below 5%

8. Notified details:

A: Voting rights attached to shares

Resulting situation after the triggering transaction

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Total (A+B+C)

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:

Artisan Partners Limited Partnership ("APLP "), a U.S. registered investment adviser, is a limited partnership organized under the laws of the State of Delaware. Control of APLP is vested in its general partner, Artisan Investments GP LLC ("Artisan LLC "), a limited liability company organized under the laws of the State of Delaware.  Artisan Partners Holdings LP ("Artisan Holdings ") is the sole member of Artisan LLC, and is the sole limited partner of APLP.  Control of Artisan Holdings is vested in its general partner, Artisan Partners Asset Management Inc. ("APAM "), organized under the laws of the State of Delaware. 

APAM has in issue three classes of common stock as well as preferred stock.

Prior to 12 March 2014, control of APAM was vested in Artisan Investment Corporation ("AIC "), pursuant to a stockholders agreement dated 12 March 2013 entered into between various common stockholders (the "Stockholders Agreement "). Control of AIC is vested in ZFIC, Inc. ("ZFIC "), a corporation organized under the laws of the State of Wisconsin. Andrew A. Ziegler and Carlene M. Ziegler each own 50% of the voting stock of ZFIC. 

On 12 March 2014, AIC's rights pursuant to the Stockholders Agreement were terminated. No single undertaking is now in control of APAM. 

10. Name of the proxy holder: Artisan Partners Limited Partnership

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information:

For the avoidance of doubt, Artisan Partners Limited Partnership and its related companies, retain an interest of 10.16% in Vesuvius plc shares and will continue to file notices in respect of that holding as and when required.

14. Contact name:

HENRY JAMES KNOWLES, COMPANY SECRETARY, VESUVIUS plc

15. Contact telephone number:

+ 44 (0)20 7822 0000