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

Release Date: 16/05/2013 17:20
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)
(JSE share code: LAF; ISIN number: GB0002568813)
(“the company”)

For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are           Lonrho Plc
attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying
                                                                                                 X
financial instruments
An event changing the breakdown of voting rights
Other (please
specify):

3. Full name of person(s) subject to the
                                                                                         H21 Macro Ltd.
notification obligation: iii



4. Full name of shareholder(s)
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                                                          15 May 2013
reached: v
6. Date on which issuer notified:                                                          16 May 2013

7. Threshold(s) that is/are crossed or
                                                                                             Over 19%
reached: vi, vii
8. Notified details:
A: Voting rights attached to shares viii, ix
                     Situation previous          Resulting situation after the triggering transaction
                     to the triggering
                     transaction
                                                                                                                       x
                     Number         Number       Number           Number of voting               % of voting rights
                     of             of           of shares        rights
                     Shares         Voting                                 xi              xii
                                                 Direct           Direct        Indirect         Direct         Indirect
                                    Rights
GB0002568813
                                                 40,311,060       40,311,060                     2.44%




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial          Expiration    Exercise/                    Number of voting                   % of voting
                                xiii                            xiv
instrument                 date          Conversion Period            rights that may be                 rights
                                                                      acquired if the
                                                                      instrument is
                                                                      exercised/ converted.




C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi


Resulting situation after the triggering transaction
                                                                                                                           xix,
Type of financial     Exercise     Expiration    Exercise/            Number of voting              % of voting rights
                                        xvii                                                        xx
instrument            price        date          Conversion           rights instrument
                                                        xviii                                       2.27%
                                                 period               refers to

                                                                                                    Nominal      Delta
 CFD’s (UBS)                                 216’134’842              241,292,222
 GB0002568813                                                                                       14.9%        1
                                                                                                    Nominal      Delta
 CFD’s (MS)                                                           10,000,000
 GB0002568813                                                                                       0.60%        1


Convertible Bond      0.2474       15.           1. November                                        Nominal      Delta
ISIN:                              October       2010
XS0549738531                       2015          -8. October          23,047,048                    2.32%        0.3063
                                                 2015
Total (A+B+C)
Number of voting rights                       Percentage of voting rights

329,911,260.65                                19.96% (2.32%+14.59%+0.6%+2.44%)


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
H21 Macro Ltd -> UBS and Morgan Stanley as Prime Brokers




Proxy Voting:
                                                             UBS AG (Prime Broker)
10. Name of the proxy holder:                                Morgan Stanley (Prime Broker)


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) 207 016 5105



16 May 2013


South African sponsor

Date: 16/05/2013 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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