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LONMIN PLC - Director / PDMR shareholding

Release Date: 01/06/2016 10:00
Code(s): LON     PDF:  
Wrap Text
Director / PDMR shareholding

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 : GB00BYSRJ698 ("Lonmin")


REGULATORY RELEASE


1 June 2016

Director/PDMR shareholding

Notification of Directors' and PDMRs' shareholdings pursuant to Disclosure and Transparency Rule
3.1.2 and 3.1.4

Lonmin Plc (the “Company”) confirms that 3,600 ordinary shares of $0.0001 each in the Company
(the “Ordinary Shares”) were released on 31 May 2016 to Ben Magara, Chief Executive Officer and a
Director of the Company.

These shares form the third of three equal tranches of shares due to be released under the
Retention Award granted on 10 July 2013 to compensate Mr Magara for the loss of various
incentives which resulted from his departure from his previous employer, Anglo American Platinum
Limited. No shares will be sold to fund the associated tax as Mr Magara will bear the cost from his
personal funds.

Following the above transaction, Mr Magara's shareholding has increased to 30,836 Ordinary Shares.



- ENDS -

ENQUIRIES

Investors / Analysts:
Lonmin
Tanya Chikanza                                     +44 20 7201 6007
Sue Vey                                            +27 72 644 9777

Media:
Cardew Group
Anthony Cardew / James Clark                       +44 20 7930 0777

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




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

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