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LONMIN PLC - Regulatory Release - Notification of Directors' and PDMRs' shareholdings

Release Date: 05/08/2013 14:19
Code(s): LON     PDF:  
Wrap Text
Regulatory Release - Notification of Directors' and PDMRs' shareholdings

 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")


 Regulatory Release - Notification of Directors' and PDMRs' shareholdings


 Notification of Directors' and PDMRs' shareholdings pursuant to Disclosure and Transparency Rule
 3.1.4

 Lonmin Plc (the “Company”) announces that it received notification on 2 August 2013 from the
 Trustee of the Lonmin Employee Benefit Trust that awards made on 2 August 2010 under the Long
 Term Incentive Plan to the PDMRs listed below vested to the extent of 50%, resulting in the release,
 sale and retention of shares as detailed below, all of which occurred on 2 August 2013.

 The other 50% of each award was subject to a performance condition combining three years’
 corporate performance (as measured in the Balanced Scorecard annual bonus plan) with Total
 Shareholder Return relative to the median of a PGM mining peer group (as detailed in the
 Company’s annual report), which was not met. This portion of each award has therefore lapsed.

 The Company was also notified on the same date by the PDMRs of the same information in
 discharge of their obligations under Rule 3.1.2 of the Disclosure and Transparency Rules.

Name of          Total no. of    No of shares      No. of         No. of        No. of       Sale price
PDMR                 shares       over which      shares    shares sold         shares           (GBp)
                   awarded      award lapsed      vested    (in London)       retained
Albert               24,490           12,244      12,246          4,911          7,335        313.873
Jamieson

Barnard              20,112           10,056      10,056         10,056               -       313.873
Mokwena

Mark                 23,464           11,731      11,733          4,705          7,028        313.873
Munroe

Natascha             16.892            8,446       8,446          3,387          5,059        313.873
Viljoen



 5 August 2013


 ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor Relations) / Ruli Diseko
+27 11 2188358 / +44 20 72016007 / +27 11 218 8300


Media:
Cardew Group
Anthony Cardew/James Clark                              +44 20 7930 0777
Sue Vey                                                 +27 72 644 9777

Brunswick - Johannesburg
Itumeleng Mahabane/ Tim Schultz                         +27 11 502 7400 / +27 82 309 2496

Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd

Notes to editors

Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is
one of the world's largest primary producers of PGMs. These metals are essential for many industrial
applications, especially catalytic converters for internal combustion engine emissions, as well as
their widespread use in jewellery.

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of
known global PGM resources are found.

The Company creates value for shareholders through mining, refining and marketing PGMs and has a
vertically integrated operational structure - from mine to market. Lonmin's mining operations
extract ore from which the Process Division produces refined PGMs for delivery to customers.
Underpinning the operations is the Shared Services function which provides high quality levels of
support and infrastructure across the operations.

For further information please visit our website: http://www.lonmin.com

Date: 05/08/2013 02:19:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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