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LONMIN PLC - Director/PDMR shareholding

Release Date: 12/01/2017 16:30
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")

12 January 2017

Lonmin Plc

Director/PDMR shareholding

Pursuant to Article 19 of the EU Market Abuse Regulation, Lonmin Plc (the “Company”) provides
notification of the exercise of options granted under the Company’s Lonmin Annual Share Award
Plan to Abey Kgotle, Executive Vice President (Human Resources).

The options were granted to Mr Kgotle on 15 January 2013 and 9 December 2013. Options granted
under the Annual Share Award Plan are exercisable three years from the date of grant, and for a
period of seven years from such date.

Name of      Name of                  Number of       Number of       Number of         Sale price
PDMR         award/date of grant      award           shares sold     shares            (GBP)
                                      shares                          retained
Abey         ASAP - 15/01/2013        1,497           1,497           0                 1.7425
Kgotle
             ASAP - 09/12/2013        2,269           2,269           0                 1.7425



The notification form below, made in accordance with the EU Market Abuse Regulation, provides
further detail.

1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Abey Kgotle
2    Reason for the notification
a)   Position/status                         Executive Vice President (Human Resources)
b)   Initial notification/amendment          Initial notification
3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
     auction monitor
a)   Name                                    Lonmin Plc
b)   LEI                                     [N/A]
4    Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each
     type of transaction; (iii) each date; and (iv) each place where transactions have been
     conducted

a)   Description of the financial             Ordinary Shares of $0.0001 each
     instrument, type of instrument
                                              ISIN: GB00BYSRJ698
     Identification code
b)   Nature of the transaction                Sale of shares following exercise of options granted
                                              under the Annual Share Award Plan
c)   Prices(s) and volume(s)                   Price(s)                     Volume(s)
                                              £1.7425                     1,497
                                              £1.7425                     2,269
d)   Aggregated information                   Aggregate price     Aggregate         Aggregate total
                                                                  volume
                                              £1.7425             3,766             £6,562.26
e)   Date of the transaction                 10/01/2017
f)   Place of the transaction                London Stock Exchange (LON)


The Company also provides notification that the following awards granted to Mr Kgotle and Mike da
Costa, Executive Vice President (Business Support Office), under the Company’s Long Term
Investment Plan (LTIP) vested in full on 10 January 2017 and resulted in the sale and retention of
shares, as detailed below.

Name of      Name of                 Number of      Number of         Number of        Sale price
PDMR         award/date of grant     award          shares sold       shares           (GBP)
                                     shares                           retained
Abey         LTIP – 27/09/2013       1,687          1,687             0                1.740495
Kgotle
Mike da      LTIP – 27/09/2013       2,545          1,055             1,490            1.740495
Costa


The notification forms below, made in accordance with the EU Market Abuse Regulation, provide
further detail.

1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Abey Kgotle
2    Reason for the notification
a)   Position/status                         Executive Vice President (Human Resources)
b)   Initial notification/amendment          Initial notification
3    Details of the issuer, emission allowance market participant, auction platform, auctioneer or
     auction monitor
a)   Name                                    Lonmin Plc
b)   LEI                                     [N/A]
4    Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each
     type of transaction; (iii) each date; and (iv) each place where transactions have been
     conducted
a)   Description of the financial            Ordinary Shares of $0.0001 each
     instrument, type of instrument
                                             ISIN: GB00BYSRJ698
     Identification code
b)   Nature of the transaction               Sale of shares following vesting of LTIP award
c)   Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                               £1.740495                   1,687
d)   Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                  volume
                                               £1.740495          1,687              £2,936.22
e)   Date of the transaction                 10/01/2017
f)   Place of the transaction                London Stock Exchange (LON)
1     Details of the person discharging managerial responsibilities/person closely associated
a)    Name                                    Mike da Costa
2     Reason for the notification
a)    Position/status                         Executive Vice President (Business Support Office)
b)    Initial notification/amendment          Initial notification
3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
      auction monitor
a)    Name                                    Lonmin Plc
b)    LEI                                     [N/A]
4     Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each
      type of transaction; (iii) each date; and (iv) each place where transactions have been
      conducted
a)    Description of the financial            Ordinary Shares of $0.0001 each
      instrument, type of instrument
                                              ISIN: GB00BYSRJ698
      Identification code
b)    Nature of the transaction               Vesting of LTIP award for 2,545 shares followed by sale
                                              of 1,055 shares to settle income tax liability and
                                              retention of 1,490 shares
c)    Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                                £1.740495                   1,055
d)    Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                   volume
                                                N/A                1,055              N/A
e)    Date of the transaction                 2017-01-10
f)    Place of the transaction                London Stock Exchange (LON)


-ENDS-



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

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