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Annual General Meeting – Voting Results
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")
Annual General Meeting – Voting Results
29 January 2015
At the Annual General Meeting held on 29 January 2015 all resolutions in the Notice of Meeting were
considered by shareholders by means of a poll vote and all resolutions were duly adopted with votes cast
being as set out below :
Resolution 1: To receive the report and accounts for the year ended 30 September 2014
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
437,202,186 99.98 99,850 0.02 437,302,036 74.90 596,641
Resolution 2: To approve the directors’ remuneration policy
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
405,992,661 93.01 30,501,242 6.99 436,493,903 74.77 1,404,873
Resolution 3: To approve the directors’ remuneration report (other than the policy) for the year ended
30 September 2014
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
435,365,887 99.87 568,588 0.13 435,934,475 74.67 1,954,173
Resolution 4: To reappoint KPMG LLP as the Company’s auditors
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
435,772,780 99.78 939,441 0.22 436,712,221 74.80 1,185,777
Resolution 5: To authorise the Board to agree the auditors’ remuneration
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
437,699,529 99.96 188,551 0.04 437,888,080 75.00 10,307
Resolution 6: To re-elect Brian Beamish as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
437,617,593 99.96 159,592 0.04 437,777,185 74.99 120,826
Resolution 7: To re-elect Len Konar as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
342,499,840 78.33 94,765,761 21.67 437,265,601 74.90 632,870
Resolution 8: To re-elect Jonathan Leslie as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
437,705,308 99.97 148,517 0.03 437,853,825 75.00 44,852
Resolution 9: To re-elect Simon Scott as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
436,318,526 99.89 459,341 0.11 436,777,867 74.81 1,120,627
Resolution 10: To re-elect Jim Sutcliffe as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
434,242,254 99.18 3,608,969 0.82 437,851,223 75.00 41,341
Resolution 11: To re-elect Ben Magara as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
436,253,096 99.90 431,198 0.10 436,684,294 74.80 1,213,605
Resolution 12: To re-elect Phuti Mahanyele as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
424,898,275 97.20 12,261,181 2.80 437,159,456 74.88 738,443
Resolution 13: To re-elect Gary Nagle as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
427,757,597 97.84 9,426,827 2.16 437,184,424 74.88 713,603
Resolution 14: To re-elect Paul Smith as a Director
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
424,916,467 97.19 12,264,768 2.81 437,181,235 74.88 716,252
Resolution 15: Directors' authority to allot shares
The text of this resolution reads as follows:
“That the Directors be and they are hereby generally and unconditionally authorised in accordance with
section 551 of the Companies Act to exercise all the powers of the Company to allot Ordinary Shares in the
Company and to grant rights to subscribe for, or to convert any security into, Ordinary Shares in the
Company (“Rights”) up to an aggregate nominal amount of $194,500,000, provided that this authority shall
expire on the date of the next AGM of the Company or, if earlier, on 30 April 2016, save that the Company
shall be entitled to make offers or agreements before the expiry of such authority which would or might
require shares to be allotted or Rights to be granted after such expiry and the Directors shall be entitled to
allot Ordinary Shares and grant Rights pursuant to any such offer or agreement as if this authority had not
expired; and all unexercised authorities previously granted to the Directors to allot Ordinary Shares and
grant Rights be and are hereby revoked.”
Votes for % of Votes against % of Total votes cast % of Number of
votes votes issued shares on which
cast cast share votes were
capital withheld
voting
269,508,679 61.55 168,372,540 38.45 437,881,219 75.00 16,846
Resolution 16: Purchase of own shares (Special Resolution)
The text of this resolution reads as follows:
“That the Company be generally and unconditionally authorised to make market purchases (within the
meaning of section 693(4) of the Companies Act) of Ordinary Shares of US$1 in the capital of the Company
(“Ordinary Shares”) on such terms and in such manner as the Directors may from time to time determine
provided that:
(a) the maximum number of Ordinary Shares that may be purchased is 58,500,000;
(b) the minimum price that may be paid for an Ordinary Share is US$1;
(c) the maximum price that may be paid for an Ordinary Share is an amount equal to 105% of the
average of the middle-market prices shown in the quotation for an Ordinary Share as derived from
the London Stock Exchange Daily Official List for the five business days immediately preceding the
day on which the Ordinary Share is contracted to be purchased;
(d) this authority shall expire at the conclusion of the next AGM of the Company after the passing of
this resolution or, if earlier, on 30 April 2016 unless previously renewed, varied or revoked by the
Company in general meeting; and
(e) the Company may enter into a contract to purchase its Ordinary Shares under this authority prior
to its expiry, which contract will or may be executed wholly or partly after such expiry, and may
purchase its Ordinary Shares in pursuance of any such contract.”
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
419,712,039 95.85 18,170,152 4.15 437,882,191 75.00 14,465
Resolution 17: Notice period for general meetings, other than annual general meetings (Special
Resolution)
The text of this resolution reads as follows:
“That a general meeting, other than an annual general meeting, may be called on not less than 14 clear days’
notice”.
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
381,055,080 87.03 56,808,652 12.97 437,863,732 75.00 34,615
Resolution 18: Approval of the 2015 Long Term Incentive Pan (LTIP)
The text of this resolution reads as follows:
“That the rules of the Lonmin Plc 2015 Long Term Incentive Plan, in the form produced at the AGM and
initialled by the Chairman of the AGM for the purposes of identification (a summary of which is set out in
Appendix 2 to the Notice of AGM), be and are hereby approved”.
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
405,461,858 93.04 30,309,837 6.96 435,771,695 74.64 2,126,279
Resolution 19: Amendment of the Rules of the Annual Share Award Plan
The text of this resolution reads as follows:
“That the amendments to the Rules of the Lonmin Annual Share Award Plan summarised in the
explanatory notes to the Notice of AGM, and in the form produced at the AGM and initialled by the
Chairman of the AGM for the purposes of identification, be and are hereby approved”.
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
395,576,813 90.65 40,791,638 9.35 436,368,451 74.74 1,519,184
Resolution 20: Amendment of the Rules of the Balanced Scorecard Bonus Plan
The text of this resolution reads as follows:
“That the amendments to the Rules of the Lonmin Plc Balanced Scorecard Bonus Plan summarised in the
explanatory notes to the Notice of AGM, and in the form produced at the AGM and initialled by the
Chairman of the AGM for the purposes of identification, be and are hereby approved”.
Votes for % of Votes against % of Total votes cast % of issued Number of
votes votes share shares on which
cast cast capital votes were
voting withheld
436,026,219 99.91 371,008 0.09 436,397,227 74.75 1,499,657
Enquiries:
Rob Bellhouse +44 (0)20 7201 6000
Company Secretary
Lonmin Plc
Tanya Chikanza +44 (0)20 7201 6007
Head of Investor Relations
Lonmin Plc
Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
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