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LONMIN PLC - Director/PDMR shareholding

Release Date: 28/03/2018 13:15
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")



LEI: 213800FGJZ2WAC6Y2L94



28 March 2018

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 27 March 2018 under the Company’s
Annual Share Award Plan (“ASAP Awards”) to:

     -     Ben Magara - Director and CEO
     -     Barrie van der Merwe - Director and CFO
     -     Tanya Chikanza - EVP Corporate Strategy, Investor Relations and Corporate Communications
     -     Mike da Costa - EVP Technical Services
     -     Thandeka Ncube - EVP Stakeholder Engagement and Regulatory Affairs
     -     Khaya Ngcwembe - EVP Human Resources

As in prior years, the participants’ bonus paid under the Balanced Scorecard Bonus Plan is matched
with an ASAP Award with a face value equivalent to the bonus. The ASAP 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 CEO
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              Grant of award under the Annual Share Award Plan

c)   Prices(s) and volume(s)                 Price(s)                     Volume(s)
                                             Nil                          370,994

d)   Aggregated information                  Aggregate price    Aggregate           Aggregate total
                                                                volume
                                              Nil               370,994              Nil
e)   Date of the transaction                 27/03/2018
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 CFO
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              Grant of award under the Annual Share Award Plan

c)   Prices(s) and volume(s)                 Price(s)                     Volume(s)
                                             Nil                          193,831

d)   Aggregated information                  Aggregate price    Aggregate           Aggregate total
                                                                volume
                                             Nil                193,831             Nil
e)   Date of the transaction                27/03/2018
f)   Place of the transaction               N/A




1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                   Tanya Chikanza
2    Reason for the notification
a)   Position/status                       EVP Corporate Strategy, Investor Relations and
                                           Corporate Communications
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              Grant of award under the Annual Share Award Plan

c)   Prices(s) and volume(s)                 Price(s)                     Volume(s)
                                             Nil                          83,757

d)   Aggregated information                  Aggregate price     Aggregate          Aggregate total
                                                                 volume
                                             Nil                 83,757             Nil
e)   Date of the transaction                27/03/2018
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                         EVP Technical Services
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              Grant of award under the Annual Share Award Plan

c)   Prices(s) and volume(s)                 Price(s)                     Volume(s)
                                             Nil                          143,874

d)   Aggregated information                  Aggregate price     Aggregate          Aggregate total
                                                                 volume
                                             Nil                 143,874            Nil
e)   Date of the transaction                27/03/2018
f)   Place of the transaction               N/A
1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Thandeka Ncube
2    Reason for the notification
a)   Position/status                         EVP Stakeholder Engagement and Regulatory Affairs
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              Grant of award under the Annual Share Award Plan

c)   Prices(s) and volume(s)                 Price(s)                     Volume(s)
                                             Nil                          55,557

d)   Aggregated information                  Aggregate price    Aggregate           Aggregate total
                                                                volume
                                             Nil                55,557              Nil
e)   Date of the transaction                27/03/2018
f)   Place of the transaction               N/A




1    Details of the person discharging managerial responsibilities/person closely associated
a)   Name                                    Khaya Ngcwembe
2    Reason for the notification
a)   Position/status                         EVP 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                                     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              Grant of award under the Annual Share Award Plan
c)    Prices(s) and volume(s)                Price(s)                  Volume(s)
                                             Nil                       57,287

d)    Aggregated information                 Aggregate price   Aggregate       Aggregate total
                                                               volume
                                             Nil               55,287          Nil
e)    Date of the transaction               27/03/2018
f)    Place of the transaction              N/A


End




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

Date: 28/03/2018 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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