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LONRHO PLC - TR-1: Notification of major interest in shares

Release Date: 07/02/2013 09:00
Code(s): LAF     PDF:  
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TR-1: Notification of major interest in shares

Lonrho Plc
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
(“Lonrho” or “the Company”)


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


1. Identity of the issuer or the underlying issuer of existing                           Lonrho PLC (LONR LN)
shares to which voting rights are attached:


2 Reason for the notification (please tick the appropriate box or boxes):


An acquisition or disposal of voting rights                                                                 Yes

An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached                                     No

An acquisition or disposal of instruments with similar economic effect to qualifying financial
instruments                                                                                                  No

An event changing the breakdown of voting rights                                                             No

Other (please specify):     A change in the number of total shares outstanding                              N/A

3. Full name of person(s) subject to the
notification obligation:                                    Mackenzie Financial Corporation

4. Full name of shareholder(s) (if different from 3.): Mellon Nominees (UK) Ltd. in trust for Mackenze Cundill
                                                            Recovery Fund (105,000,000 voting rights)

                                                            Mellon Nominees (UK) Ltd. in trust for Mackenzie Cundill
                                                            Emerging Markets Value Class
                                                            (40,000,000 voting rights)

                                                            Chase Nominees Limited in trust for Cundill International
                                                            Company Ltd.
                                                            (9,000,000 voting rights)
5. Date of the transaction and date on which
the threshold is crossed or reached:                        February 5, 2013

6. Date on which issuer notified:
                                                            February 6, 2013
7. Threshold(s) that is/are crossed or reached:
                                                            Crossed 9%


8. Notified details:
A: Voting rights attached to shares

Class/type of       Situation previous               Resulting situation after the triggering transaction
shares              to the triggering
                    transaction
if possible using
the ISIN CODE       Number          Number         Number        Number of          % of voting rights
                    of              of             of shares     voting
                    Shares          Voting                       rights
                                    Rights         Direct        Indirect           Direct     Indirect

GB0002568813        134,209,500     134,209,500                   154,000,000                  9.64%



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of financial     Expiration      Exercise/                Number of voting          % of voting
instrument            date            Conversion               rights that may be        rights
                                      Period                   acquired if the
                                                               instrument is
                                                               exercised/
                                                               converted.



C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction

Type of             Exercise      Expiration   Exercise/        Number of voting       % of voting rights
financial           price         date         Conversion       rights instrument
instrument                                     period           refers to
                                                                                       Nominal              Delta


Total (A+B+C)

Number of voting rights                                     Percentage of voting rights
154,000,000                                                 9.64%

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


9.08% of the voting rights are held by Mackenzie Financial Corporation, as investment manager which has a disclosable
interest as a result of DTR 5.2.1R(h).

0.56% of the voting rights are held by Mackenzie Cundill Investment Management (Bermuda) Ltd., as investment
manager, which has an interest but no individual obligation.

Mackenzie Financial Corporation is a 100% shareholder of Mackenzie Cundill Investment Management (Bermuda) Ltd.
and has a total indirect holding of 9.64% as a result of DTR 5.2.1R(e) and DTR 5.2.1R(h).

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will
cease to hold:

12. Date on which proxy holder will cease to
hold voting rights:


13. Additional information:

14. Contact name:
                                               Jim Hughes
15. Contact telephone number:                   +44 (0) 20 7016 5105


7 February 2013

South African sponsor
Java Capital

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