To view the PDF file, sign up for a MySharenet subscription.

LONMIN PLC - Public opening disclosure - Sibanye Gold

Release Date: 27/12/2017 11:30
Code(s): LON     PDF:  
Wrap Text
Public opening disclosure - Sibanye Gold

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")
LEI: 213800FGJZ2WAC6Y2L94

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER
Rules 8.1 and 8.2 of the Takeover Code (the “Code”)

1.       KEY INFORMATION

(a) Full name of discloser:                                     Lonmin Plc

(b) Owner or controller of interests and short positions        N/A
disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is
insufficient.   For a trust, the trustee(s), settlor and
beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose                Sibanye Gold Limited (trading as
relevant securities this form relates:                          "Sibanye-Stillwater")
    Use a separate form for each offeror/offeree
(d) Is the discloser the offeror or the offeree?                OFFEREE

(e) Date position held:                                         21 December 2017
    The latest practicable date prior to the disclosure
(f) In addition to the company in 1(c) above, is the            Lonmin Plc
discloser making disclosures in respect of any other
party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”

2.       POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities
of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional
class of relevant security.

(a)      Interests and short positions in the relevant securities of the offeror or offeree to
         which the disclosure relates

Class of relevant security:

                                                   Interests              Short positions
                                                 Number               %        Number              %
(1) Relevant    securities    owned                Nil                -           Nil              -
and/or controlled:
(2) Cash-settled derivatives:                       Nil               -           Nil              -

(3) Stock-settled        derivatives                Nil               -           Nil              -
(including options) and agreements
to purchase/sell:
                                                    Nil               -           Nil              -
      TOTAL:

All interests and all short positions should be disclosed.




                                                                                                       1
Details of any open stock-settled derivative positions (including traded options), or agreements to
purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements
should be disclosed on a Supplemental Form 8 (SBL).

(b)      Rights to subscribe for new securities

Class of relevant security in relation to       None
which subscription right exists:
Details, including nature of the rights         N/A
concerned and relevant percentages:


3.       POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER
         MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors’ and
other employee options) of any person acting in concert with the party to the offer making
the disclosure:

      (a) Beneficial holdings of the Directors of Lonmin Plc in Sibayne's ordinary shares
        None

      (b) Interests of connected advisers

JP Morgan Chase Bank N.A. (Custody)
                                                  Percentage of Sibanye issued share
        Number of Sibanye Shares held
                                                          capital (%)(6 d.p.)
                            127 (Equity Long)                                              -

J.P. Morgan Securities LLC (Private Client Service)
                                                  Percentage of Sibanye issued share
        Number of Sibanye Shares held
                                                          capital (%)(6 d.p.)
                        490,864 (Equity Long)                                     0.022634

J.P. Morgan Whitefriars LLC
      Short positions: Number of Sibanye          Percentage of Sibanye issued share
                  Shares held                             capital (%)(6 d.p.)
                        71,192 (Equity Short)                                     0.003283



      (c) Interests of persons acting in concert with Lonmin Plc

Government Employees Pension Fund / The Public Investment Corporation of South Africa
(PIC):
                                                2. Percentage of Sibanye issued share
      1. Number of Sibanye Shares held
                                                         capital (%) (6 d.p.)
                                 244,125,062                                   11.256636%




                                                                                                  2
Details of any open stock-settled derivative positions (including traded options), or agreements to
purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements
should be disclosed on a Supplemental Form 8 (SBL).

4.      OTHER INFORMATION

(a)     Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal
or informal, relating to relevant securities which may be an inducement to deal or refrain
from dealing entered into by the party to the offer making the disclosure or any person
acting in concert with it:
Irrevocable commitments and letters of intent should not be included. If there are no such
agreements, arrangements or understandings, state “none”

None


(b)     Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the
party to the offer making the disclosure, or any person acting in concert with it, and any
other person relating to:
A. (i)        the voting rights of any relevant securities under any option; or
B. (ii)the voting rights or future acquisition or disposal of any relevant securities to which
   any derivative is referenced:
C. If there are no such agreements, arrangements or understandings, state “none”

None


(c)     Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)                                                    NO

Supplemental Form 8 (SBL)                                                               NO




                                                                                                  3
(d)    Date of disclosure:                       21 December 2017

(e)    Contact name:                             Seema Kamboj, Company Secretary

(f)    Telephone number:                         +44 20 3908 1071


Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s
disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.



Date of release: 27 December 2017
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd




                                                                                                4

Date: 27/12/2017 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story