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LON - Lonmin Plc - Directors` and PDMRs` share dealings

Release Date: 10/01/2012 07:05
Code(s): LON
Wrap Text

LON - Lonmin Plc - Directors` and PDMRs` share dealings Lonmin Plc (Incorporated in England and Wales) (Registered in the Republic of South Africa under registration number 1969/000015/10) JSE code: LON Issuer Code: LOLMI & ISIN : GB0031192486 ("Lonmin") 9 January 2012 Notification of Directors` and PDMRs` share dealings pursuant to DTR 3.1.4 R Lonmin Plc (the "Company") confirms that the award for 15,718 shares in the Company granted to Ian Farmer, Chief Executive Officer, on 7 January 2009 under the Long Term Incentive Plan lapsed in full on 7 January 2012. The LTIP Award was subject to a performance condition comprising two independent parts: 50% was subject to Lonmin TSR relative to a group of 20 mining and metals companies over the three years ending 31 October 2011, in each case normalised into US dollars. The Company finished below median and this portion of the LTIP Award lapsed. The other 50% was subject to a share price test over the three years ending 31 October 2011. The Company finished below the threshold level and this portion of the LTIP Award also lapsed. END Date: 10/01/2012 07:05:01 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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