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LONMIN PLC - Notification of major interest in shares

Release Date: 08/12/2015 14:15
Code(s): 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
Issuer Code: LOLMI & ISIN : GB0031192486 ("Lonmin")

8 December 2015



                                                             i
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                                               Lonmin Plc
           ii
attached:


2 Reason for the notification (please tick the appropriate box or boxes):


An acquisition or disposal of voting rights

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              x


An event changing the breakdown of voting rights


Other (please specify):



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




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



5. Date of the transaction and date on
which the threshold is crossed or                                                       03/12/2015
          v
reached:
6. Date on which issuer notified:                                                            07/12/2015


7. Threshold(s) that is/are crossed or
         vi, vii                                                                       3%, 4%, 5%, 6%
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%          25,709,523      25,709,523                  4.38 %



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
                       n/a             02-02-2016                n/a            10,000,000           Nominal         Delta
(Cash Settled)
                                                                                            n/a          1.70 %
Equity Swap
                    n/a              08-07-2016         n/a            36,468               n/a          0.01 %
(Cash Settled)



Total (A+B+C)

Number of voting rights                                  Percentage of voting rights

35,980,480                                               6.13 %




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
34,085,664 voting rights (5.81%) 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
34,085,664 voting rights (5.81%) 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 34,085,664 voting
rights (5.81%) 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
34,085,664 voting rights (5.81%) 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 34,085,664 voting rights (5.81%) 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:




                                                Of the total voting rights attached to shares in Section 8A,
13. Additional information:                     10,099,293 (1.72%) of these are the result of stock borrowing
                                                agreements.
14. Contact name:               John Morrison


15. Contact telephone number:   020 7201 6044


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


      END

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