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Lonmin Plc - Director Shareholding

Release Date: 06/12/2001 11:29
Code(s): LON
Wrap Text
LONMIN PLC
SHARE CODE:  LON
ISIN CODE:  GB0002568144
5 DECEMBER 2001

Lonmin Plc has today received notification in fulfilment of an obligation imposed by Section 324 of the Companies Act 1995 that :-
1) Mr J N Robinson, a Director of the Company, today exercised options over 45,000 ordinary shares of GBP1 each of the Company at an exercise price of 250p per share under the Lonmin Overseas and Associate Share Option Scheme 1994 and over 3,132 shares at an exercise price of 490.0334p per share and 3,132 shares at an exercise price of 408.6272p per share under the Lonmin Share Option Scheme 1994 and has sold all of the 51,264 shares arising at a price of 975p per share. and
2) Mr I P Farmer, a Director of the Company, today exercised options over 45,000 ordinary shares of GBP1 each of the Company at an exercise price of 250p per share under the Lonmin Overseas and Associate Share Option Scheme 1994 and has sold 43,000 of those shares at a price of 978p per share. END