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LONMIN PLC - PDMR shareholding

Release Date: 22/02/2018 07:05
Code(s): LON     PDF:  
Wrap Text
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")

LEI: 213800FGJZ2WAC6Y2L94

22 February 2018

Lonmin Plc

PDMR shareholding

Pursuant to Article 19 of the EU Market Abuse Regulation, Lonmin Plc (the “Company”) provides
notification of the vesting of nil-cost share awards granted on 29 September 2014 under the
Company’s Long Term Incentive Plan (“LTIP Awards”) to Executive Vice Presidents Tanya Chikanza
and Mike Da Costa and sale of shares to fund the associated tax liability arising from the vesting.

Name of PDMR       Name of           Number of           Number of     Number of      Sale price
                   award/date of     award               shares sold   shares         (GBP)
                   grant             shares                            retained
Mike Da Costa      LTIP – 29         2,922               1,224         1,698          0.7767
                   September 2014
Tanya Chikanza     LTIP – 29         2,660               1,223         1,437          0.7767
                   September 2014

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                                    Mike Da Costa
2    Reason for the notification
a)   Position/status                         Executive Vice President
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                                     213800FGJZ2WAC6Y2L94
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

     Identification code                     ISIN: GB00BYSRJ698
b)   Nature of the transaction               Vesting of LTIP award for 2,922 shares followed by sale
                                             of 1,224 shares to settle income tax liability and
                                             retention of 1,698 shares

c)   Prices(s) and volume(s)                  Price(s)                    Volume(s)
                                              0.7767                      1,224
d)    Aggregated information                  Aggregate price    Aggregate           Aggregate total
                                                                 volume
                                              Nil                1,224               Nil
e)    Date of the transaction                2018-02-20
f)    Place of the transaction               London Stock Exchange


1     Details of the person discharging managerial responsibilities/person closely associated
a)    Name                                    Tanya Chikanza
2     Reason for the notification
a)    Position/status                         Executive Vice President
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                                     213800FGJZ2WAC6Y2L94
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

      Identification code                    ISIN: GB00BYSRJ698
b)    Nature of the transaction              Vesting of LTIP award for 2,660 shares followed by sale
                                             of 1,223 shares to settle income tax liability and
                                             retention of 1,437 shares
c)    Prices(s) and volume(s)                  Price(s)                    Volume(s)
                                               0.7767                      1,223

d)    Aggregated information                  Aggregate price    Aggregate           Aggregate total
                                                                 volume
                                              Nil                1,223               Nil
e)    Date of the transaction                2018-02-20
f)    Place of the transaction               London Stock Exchange


END

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

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