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LAF - Lonrho Plc - Exercise of Options

Release Date: 03/03/2011 10:21
Code(s): LAF
Wrap Text

LAF - Lonrho Plc - Exercise of Options Lonrho Plc (Formerly Lonrho Africa Plc) (Incorporated and registered in England and Wales) (Registration number 2805337) (Share code: LAF; ISIN number: GB0002568813) ("Lonrho" or "the Company") Exercise of Options Lonrho Plc (AIM:LONR) today announces that 250,000 new ordinary shares will be issued following the exercise of 250,000 options at 6.5p per share. The new shares will rank, pari passu, with all existing ordinary shares. Application has been made for these shares to be admitted to trading on AIM and admission is expected to take place on 7th March 2011. The total number of ordinary shares in issue following the exercise of these options will be 1,180,614,449. For further information: Enquiries Lonrho Plc - David Lenigas, Executive Chairman +44 (0)20 7016 5105 Geoffrey White, Chief Executive Officer +44 (0)20 7016 5105 David Armstrong, Finance Director +44 (0)20 7016 5105 Emma Priestley, Executive Director +44 (0)20 7016 5105 Pelham Bell Pottinger Charles Vivian +44 (0) 20 7861 3126 +44 (0) 7977 297903 James MacFarlane +44 (0) 20 7861 3864 +44 (0) 7841 672831
Beaumont Cornish Limited (Nomad) Rosalind Hill Abrahams +44 (0) 20 7628 3396 Roland Cornish 2 March 2011 South African sponsor Java Capital Date: 03/03/2011 10:21:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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