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LONMIN PLC - Notification of major interest in shares

Release Date: 01/12/2015 07:05
Code(s): LONN LON     PDF:  
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Notification of major interest in shares

Lonmin Plc (Incorporated in England and Wales)
(Registered in the Republic of South Africa under
registration number 1969/000015/10)
JSE code: LON and LONN
Issuer Code: LOLMI & ISIN : GB0031192486 ("Lonmin")

1 December 2015


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

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

An acquisition or disposal of voting rights                                                X
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
financial instruments
An event changing the breakdown of voting rights
Other (please
specify):

3. Full name of person(s) subject to the
                                                          The Capital Group Companies, Inc.
notification obligation: iii



4. Full name of shareholder(s)
                                                                    See Section 9
 (if different from 3.):iv

5. Date of the transaction and date on
which the threshold is crossed or                                 24 November 2015
reached: v
6. Date on which issuer notified:                                 25 November 2015

7. Threshold(s) that is/are crossed or
                                                                      Below 8%
reached: vi, vii

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of              Situation previous             Resulting situation after the triggering transaction
shares                     to the triggering
                           transaction
                                                                                                                               x
if possible using          Number         Number          Number          Number of voting               % of voting rights
the ISIN CODE              of             of              of shares       rights
                           Shares         Voting                                   xi              xii
                                                          Direct          Direct        Indirect         Direct         Indirect
                                          Rights

  Ordinary Shares
       (ISIN:              48,536,247      48,536,247                                   43,536,247                       7.4179%*
  GB0031192486)



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 rights           % of voting rights
                                               xvii                                                         xx
instrument                 price          date           Conversion       instrument refers to
                                                                xviii
                                                         period

                                          10                                                                Nominal       Delta
 NIL Paid Rights           GBP –
                                          December                        2,134,717,162
    (“Rights”)             0.01
                                          2015                                                              7.9070%**



Total (A+B+C)
Number of voting rights                                            Percentage of voting rights
  43,536,247 from ordinary shares and 2,134,717,162
                                                                                          7.8966%***
                 voting rights from Rights
       * Percentage of voting rights calculation is using 586,906,900 shares as the denominator.
          ** Percentage of voting rights calculation is using 26,997,717,400 New Shares as the denominator.
          *** Percentage of voting rights calculation is using 27,584,624,300 (586,906,900 ordinary shares +
          26,997,717,400 New Shares) as the denominator.
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
                                                                                             Number of         Outstanding
                                                                                               Shares              Percent
                                                                                                                       ****
The Capital Group Companies, Inc. ("CG") holdings                                           43,536,247            7.8966%
                                                                    (2,134,717,162 shares from Rights)

Holdings by CG Management Companies:
Capital Guardian Trust Company                                                                  10,565,835           2.2790%
                                                                           (618,078,210 shares from Rights)
Capital International Sàrl                                                                       14,557,107          2.4803%
                                                                           (669,626,922 shares from Rights)
Capital International, Inc.                                                                      18,413,305          3.1373%
                                                                           (847,012,030 shares from Rights)
*** Percentage of voting rights calculation is using 27,584,624,300 (586,906,900 ordinary shares + 26,997,717,400 New
Shares) as the denominator.




Proxy Voting:
10. Name of the proxy holder:

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:                                                                   John Morrison


15. Contact telephone number:                                                     +44 20 7201 6044


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

      END

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