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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 grant of nil-cost share options granted on 10 January 2017 under the Company’s
Annual Share Award Plan to:

     -     Ben Magara, Director and Chief Executive Officer
     -     Barrie van der Merwe, Director and Chief Financial Officer
     -     Ben Moolman, Director and Chief Operating Officer
     -     Mike da Costa, Executive Vice President Business Support Office
     -     Abey Kgotle, Executive Vice President, Human Resources.

As in prior years, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched
with awards pursuant to the Annual Share Award Plan with a face value of an equivalent gross
amount to the bonus. The awards are settled in shares at the point of exercise.

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                                    Ben Magara
2        Reason for the notification
a)       Position/status                         Director and Chief Executive Officer
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               Grant of award under the Annual Share Award Plan
c)       Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                                   Nil                         240,027
d)       Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                      volume
                                                   Nil                240,027            Nil
e)       Date of the transaction                 10.01.2017
f)   Place of the transaction               N/A


1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Barrie van der Merwe
2    Reason for the notification
a)   Position/status                         Director and Chief Financial Officer
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               Grant of award under the Annual Share Award Plan
c)   Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                               Nil                         51,932
d)   Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                  volume
                                               Nil                51,932             Nil
e)   Date of the transaction                 10.01.2017
f)   Place of the transaction                N/A


1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Director and Ben Moolman
2    Reason for the notification
a)   Position/status                         Chief Operating Officer
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               Grant of award under the Annual Share Award Plan
c)   Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                               Nil                         108,339
d)   Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                  volume
                                             Nil                108,339             Nil
e)   Date of the transaction                10.01.2017
f)   Place of the transaction               N/A


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               Grant of option under the Annual Share Award Plan
c)   Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                               Nil                         68,805
d)   Aggregated information                    Aggregate price Aggregate             Aggregate total
                                                                  volume
                                               Nil                68,805             Nil
e)   Date of the transaction                 10.01.2017
f)   Place of the transaction                N/A


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               Grant of option under the Annual Share Award Plan
c)   Prices(s) and volume(s)                   Price(s)                    Volume(s)
                                               Nil                         83,549
d)    Aggregated information                 Aggregate price   Aggregate   Aggregate total
                                                               volume
                                             Nil               83,549      Nil
e)    Date of the transaction               10.01.2017
f)    Place of the transaction              N/A


-ENDS-



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

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