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LAF - Lonrho Plc - Statement re share price movement

Release Date: 30/11/2011 09:30
Code(s): LAF
Wrap Text

LAF - Lonrho Plc - Statement re share price movement LONRHO PLC (Incorporated and registered in England and Wales) (Registration number 2805337) (Share code: LAF; ISIN number: GB0002568813 ("Lonrho" or "the Company") STATEMENT RE SHARE PRICE MOVEMENT The board of Lonrho has noted the movement in the Company`s share price towards the close of business yesterday and confirms that there has been no material change in the company`s prospects. Lonrho is currently in the process of meeting with its major shareholders and other current and new institutional investors to explore ways to fund exciting new growth opportunities that are available for the company and will only proceed with a funding providing such terms are acceptable to the Board. Further announcements will be made as appropriate. Enquiries Lonrho Plc +44 (0) 20 7016 5105 David Lenigas Geoffrey White David Armstrong Panmure Gordon +44 (0) 20 7459 3600 Tim Linacre Dominic Morley Adam Pollock Hannah Woodley
Pelham Bell Pottinger +44 (0) 20 7861 3232 Gavin Davis James MacFarlane Charlie Harrison 30 November 2011 South African sponsor Java Capital Date: 30/11/2011 09:30:01 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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