LONMIN PLC - Notification of major interest in shares

Release Date: 01/12/2015 16:00
Code(s): LONN LON
 
Wrap Text
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 & 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):              Refer to Section 13                                                                x



                                                                                      Morgan Stanley
3. Full name of person(s) subject to the
                                                                (Institutional Securities Group and Global Wealth
notification obligation (iii):
                                                                                       Management)




4. Full name of shareholder(s)
                                                                        Morgan Stanley & Co. International plc
(if different from 3.)(iv):



5. Date of the transaction and date on
which the threshold is crossed or                                                       26/11/2015
          
reached (v):
6. Date on which issuer notified:                                                         30/11/2015


7. Threshold(s) that is/are crossed or
         vi, vii                                                                         3%, 4%, 5%
reached:


8. Notified details:
                                       viii, ix
A: Voting rights attached to shares
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    Indirect
                                                        Direct          Direct       xii        Direct            Indirect
                                        Rights


GB0031192486             Below 3%     Below 3%          34,661,194      34,661,194                  5.91 %



B,: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial             Expiration          Exercise/                Number of voting              % of voting
                                   xiii
instrument                    date                Conversion Period        rights that may be            rights
                                                  xiv
                                                                           acquired if the
                                                                           instrument is
                                                                           exercised/ converted.
Right of Recall over a
securities lending            n/a                 n/a                      234,443                        0.04%
agreement

Depositary Receipt            n/a                 n/a                      46                            0.00 %


                                                                                                      xv, xvi
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction
                                                                                                                             xix,
Type of financial      Exercise        Expiration date           Exercise/      Number of           % of voting rights
                                       xvii                                                         xx
instrument             price                                     Conversion     voting rights
                                                                        xviii
                                                                 period         instrument refers
                                                                                to


Equity Swap                                                                                         Nominal         Delta
                       n/a             08-07-2016                n/a            39,690
(Cash Settled)
                                                                                                    n/a             0.01 %
Total (A+B+C)

Number of voting rights                                  Percentage of voting rights

34,935,373                                               5.95 %




9. Chain of controlled undertakings through which the voting rights and/or the
                                                           xxi
financial instruments are effectively held, if applicable:

Morgan Stanley & Co. International plc, 25 Cabot Square, Canary Wharf, London E14 4QA is a direct holder of
33,040,557 voting rights (5.63%) and is a subsidiary of Morgan Stanley Investments (UK)

Morgan Stanley Investments (UK), 20 Bank Street, Canary Wharf, London E14 4AD is an indirect holder of
33,040,557 voting rights (5.63%) and is a subsidiary of Morgan Stanley UK Group

Morgan Stanley UK Group, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder 33,040,557 voting
rights (5.63%) and is a subsidiary of Morgan Stanley International Limited

Morgan Stanley International Limited, 25 Cabot Square, Canary Wharf, London E14 4QA is an indirect holder of
33,040,557 voting rights (5.63%) and is a subsidiary of Morgan Stanley International Holdings Inc.

Morgan Stanley International Holdings Inc., c/o The Corporation Trust Company (DE), Corporation Trust Centre,
1209 Orange Street, Wilmington, Delaware 19801, USA is an indirect holder of 33,040,557 voting rights (5.63%) and
is a subsidiary of Morgan Stanley.




Proxy Voting:

10. Name of the proxy holder:                                                              N/A


11. Number of voting rights proxy holder will cease
                                                                                           N/A
to hold:


12. Date on which proxy holder will cease to hold
                                                                                           N/A
voting rights:



                                                This notification has been made pursuant to the enactment of
13. Additional information:                     Directive 2013/50/EC into national law.

                                                Of the total voting rights attached to shares in Section 8A,
                                                8,463,767 (1.44%) of these are the result of stock borrowing
                                                agreements.

14. Contact name:                               John Morrison
15. Contact telephone number:   +44 20 7201 6044




      END



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

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