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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
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