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LONRHO PLC - Dealings disclosure by a person with relevant interest in relevant securities representing 1% or more

Release Date: 21/06/2013 13:00
Code(s): LAF     PDF:  
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Dealings disclosure by a person with relevant interest in relevant securities representing 1% or more

Lonrho Plc
(Incorporated and registered in England and Wales)
(Registration number 2805337)
JSE share code: LAF; ISIN number: GB0002568813
Primary listing on the LSE and secondary listing on the AltX of the JSE

21 June 2013


PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING
1% OR MORE


Rule 8.3 of the Takeover Code (the “Code”)

1.     KEY INFORMATION

(a) Identity of the person whose positions/dealings are being        Renaissance Asset Managers (UK)
    disclosed:                                                       Limited
(b) Owner or controller of interests and short positions             Renaissance Asset Managers Global
    disclosed, if different from 1(a):                               Funds - Renaissance Sub-Saharan Fund
    The naming of nominee or vehicle companies is insufficient
                                                                     Renaissance Asset Managers Global
                                                                     Funds - Renaissance Pan African Fund

(c) Name of offeror/offeree in relation to whose relevant            Lonrho PLC
    securities this form relates:
    Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an                      N/A
    offeror/offeree, state this and specify identity of
    offeror/offeree:
(e) Date position held/dealing undertaken:                           14.6.2013

(f) Has the discloser previously disclosed, or are they today        NO
    disclosing, under the Code in respect of any other party to
    this offer?

2.     POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)    Interests and short positions in the relevant securities of the offeror or offeree to which the
       disclosure relates following the dealing (if any)

Class of relevant security:                                               ORDINARY

                                                         Interests                         Short positions
                                                  Number                    %              Number          %
(1) Relevant securities owned and/or         Renaissance Asset
    controlled:                               Managers Global
                                            Funds - Renaissance
                                              Pan African Fund
                                                    And
                                             Renaissance Asset
                                              Managers Global
                                            Funds - Renaissance
                                             Sub-Saharan Fund              1.17      N/A                N/A

                                               19,536,089.00

(2) Derivatives (other than options):               N/A                                     N/A
(3) Options and agreements to                       N/A                                     N/A
                                                                                                                           
       purchase/sell:
                                                        19,536,089.00            1.17               N/A             N/A
       TOTAL:

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should
be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which             N/A
subscription right exists:
Details, including nature of the rights concerned           N/A
and relevant percentages:

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror
or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)        Purchases and sales

   Class of relevant                    Purchase/sale                Number of securities               Price per unit
       security
Ordinary                         Sale                         2,317,903 total
                                                              (   2,266,562 @ 0.989GBP
                                                                                                       @ 0.0989 GBP
                                                              +
                                                                     51,341 @0.994 GBP )               @0.0994 GBP



(b)        Derivatives transactions (other than options)

 Class of relevant           Product                  Nature of dealing             Number of             Price per unit
     security               description             e.g. opening/closing a          reference
                             e.g. CFD                 long/short position,          securities
                                                    increasing/reducing a
                                                       long/short position
N/A                        N/A                N/A                                N/A                   N/A

(c)        Options transactions in respect of existing securities

(i)        Writing, selling, purchasing or varying

 Class of        Product            Writing,        Number of        Exercise      Type            Expiry       Option
 relevant       description       purchasing,        securities      price per      e.g.            date        money
 security         e.g. call         selling,          to which          unit     American,                       paid/
                   option         varying etc.         option                    European                      received
                                                       relates                      etc.                       per unit
N/A             N/A              N/A                N/A             N/A          N/A          N/A             N/A


(ii)       Exercising

       Class of relevant           Product description            Number of securities       Exercise price per unit
           security                   e.g. call option
N/A                              N/A                          N/A                            N/A
                                                                                                                 
(d)     Other dealings (including subscribing for new securities)

  Class of relevant              Nature of dealing                       Details            Price per unit (if
      security             e.g. subscription, conversion                                       applicable)
N/A                      N/A                                   N/A                        N/A

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in
1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4.      OTHER INFORMATION

(a)     Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal,
relating to relevant securities which may be an inducement to deal or refrain from dealing entered into
by the person making the disclosure and any party to the offer or any person acting in concert with a
party to the offer:
If there are no such agreements, arrangements or understandings, state “none”

N/A


(b)     Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person
making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is
     referenced:
If there are no such agreements, arrangements or understandings, state “none”


N/A

(c)     Attachments

Is a Supplemental Form 8 (Open Positions) attached?                                                 NO



Date of disclosure:                                        17.6.2013

Contact name:                                              Blake Klein

Telephone number:                                          02036974070


Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also
be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is
available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.



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