Vesuvius Regulatory News (VSVS)

Annual Financial Report

5 April 2016

Vesuvius plc

Annual Report and Accounts 31 December 2015

Vesuvius plc today posted its Annual Report and Accounts 2015 (the 'Annual Report') and Notice of Meeting to those shareholders who have requested them and they are available on Vesuvius' website at:

http://investors.vesuvius.com/investor-relations/reports-results-and-presentations

and at

http://investors.vesuvius.com/investor-relations/shareholder-services/shareholder-meetings

In accordance with Listing Rule 9.6.1, Vesuvius plc will shortly be submitting its Annual Report and other shareholder documents to the National Storage Mechanism. These documents should then be available for inspection within two working days at www.morningstar.co.uk/uk/nsm

The Company's 2016 Annual General Meeting will be held at The Lincoln Centre, 18 Lincoln's Inn Fields, London WC2A 3ED on Thursday 12 May 2016 at 11.00am.

This announcement contains the directors' responsibility statement as required for the purposes of compliance with DTR 6.3.5 (1) of the Disclosure and Transparency Rules. This information is extracted, in full unedited text, from the Annual Report. All the other information required by DTR 6.3.5 (1) was contained within the preliminary announcement of Vesuvius' results for the year ended 31 December 2015 released to the market on Thursday 3 March 2016. These announcements are not a substitute for reading the full Annual Report.

Enquiries:

Henry Knowles, General Counsel and Company Secretary, +44 (0) 20 7822 0000

Virginia Skroski, Investor Relations Manager +44 (0) 20 7822 0016

Appendix

Statement of Directors' Responsibilities in respect of the Annual Report and Financial Statements

The Directors of Vesuvius plc are responsible for preparing the Annual Report and the Group and parent company (the 'Company') financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare Group and Company financial statements for each financial year. Under that law they are required to prepare the Group financial statements in accordance with IFRSs as adopted by the European Union and applicable law and have elected to prepare the Company financial statements in accordance with UK Accounting Standards, including FRS101 'Reduced Disclosure Framework'.

Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and Company and of their profit or loss for that period. In preparing each of the Group and Company financial statements, the Directors are required to:

· Select suitable accounting policies and then apply them consistently

· Make judgements and estimates that are reasonable and prudent

· For the Group financial statements, state whether they have been prepared in accordance with IFRSs as adopted by the European Union

· For the Company financial statements, state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the Company financial statements

· Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Group and the Company will continue in business.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that its financial statements comply with the Companies Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Group and to prevent and detect fraud and other irregularities.

Under applicable law and regulations, the Directors are also responsible for preparing a Strategic Report, Directors' Report, Directors' Remuneration Report and Corporate Governance Report that comply with that law and those regulations.

The Directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Responsibility Statement of the Directors in respect of the Annual Financial Report

Each of the Directors confirms that to the best of their knowledge:

· The financial statements, prepared in accordance with the applicable set of accounting standards, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidation taken as a whole

· The Directors' Report and Strategic Report include a fair review of the development and performance of the business and the position of the Company and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face. 

In addition, the Directors consider that the Annual Report, taken as a whole, is fair, balanced and understandable and provides the information necessary for shareholders to assess the Group's position and performance, business model and strategy.

The names and functions of the Directors of Vesuvius plc are as follows:

John McDonough CBE, Chairman

François Wanecq, Chief Executive

Guy Young, Chief Financial Officer

Nelda Connors, Non-executive Director

Christer Gardell, Non-executive Director

Hock Goh, Non-executive Director

Jane Hinkley, Non-executive Director and Chairman of the Remuneration Committee

Douglas Hurt, Non-executive Director, Senior Independent Director and Chairman of the Audit Committee

On behalf of the Board

Guy Young Chief Financial Officer

3 March 2016