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ANNOUNCEMENT - LONRHO PLC

Release Date: 21/04/1998 14:25
Code(s): LON
Wrap Text
LONRHO PLC
21 APRIL 1998

THE FOLLOWING NOTIFICATIONS HAVE TODAY BEEN RECEIVED BY DIRECTORS OF LONRHO PLC PURSUANT TO OBLIGATIONS IMPOSED BY SECTION 324 OF THE COMPANIES ACT 1985: 1) MR N J MORRELL AND MR R E WHITTEN BECAME AWARE ON 20 APRIL 1998 THAT OPTIONS HELD BY THEM UNDER THE LONRHO SHARE OPTION SCHEME 1984 OVER RESPECTIVELY 44,860 AND 161,700 ORDINARY SHARES OF 25P EACH OF THE COMPANY AT AN EXERCISE PRICE OF 157.3P HAD LAPSED ON 31 MARCH 1998 UNEXERCISED.
2) MR S E JONAH AND MR T A WILKINSON BECAME AWARE ON 20 APRIL 1998 THAT OPTIONS HELD BY THEM UNDER THE LONRHO OVERSEAS AND ASSOCIATE SHARE OPTION SCHEME OVER RESPECTIVELY 74,860 ORDINARY SHARES OF 25P EACH OF THE COMPANY AT AN EXERCISE PRICE OF 157.3P HAD LAPSED ON 31 MARCH 1998 UNEXERCISED.

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