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Lonmin Plc - Share Repurchase Programme

Release Date: 24/10/2001 09:09
Code(s): LON
Wrap Text
Lonmin Plc
Share Code: LON
ISIN Code: GB000256844
Share repurchases

Lonmin Plc ("the Company") announces that on 23 October 2001 HSBC purchased for cancellation by the Company 1,720,000 of the Company's GBP1 ordinary shares at prices between 830 pence and 840 pence per share pursuant to instructions given by the Company to HSBC on 30 September 2001.
So far, 11,720,000 shares have been purchased since the Company commenced the repurchase of its GBP1 ordinary shares on 17 September 2001.
The purchases were made by HSBC on behalf of the Company pursuant to the authorisation granted at its Annual General Meeting on 15 February 2001 under Section 163 Companies Act 1985. Enquiries: John Robinson, Lonmin Plc Telephone: +44 20 7201 6000 Sponsor: HSBC

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