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LONMIN PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY PURSUANT TO DTR 3.1.4R

Release Date: 03/12/2012 07:05
Code(s): LON LONN     PDF:  
Wrap Text
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY PURSUANT TO DTR 3.1.4R

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 : GB0031192486 ("Lonmin")


NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY PURSUANT TO DTR 3.1.4R


30 November 2012

Lonmin Plc (the “Company”) announces that it has today been notified of dealings by the Chief
Executive Officer, Ian Farmer, and the PDMRs listed below. The New Shares (nil paid) result from
Bonus Invested Shares held by Mr Farmer and the PDMRs in the Company’s employee benefit trust
by virtue of the Deferred Annual Bonus Plan.

As previously announced, Mr Farmer did not provide an irrevocable undertaking to follow his rights
in full in light of the course of medical treatment he is receiving. Instead, he elected to sell a
sufficient number of his New Shares (nil paid) to enable him to use the cash proceeds of this
transaction, after the deduction of dealing costs, to take up the remaining New Shares at 140p each.
Mr Jamieson and Mr Munroe made similar elections, as detailed below, to take up New Shares at
R19.4872.


Director            Full           New Shares      Sale price    New Shares Date of          Location
                    entitlement    (nil paid)                    (nil paid) to transaction   of trade
                    of New         sold                          be taken up
                    Shares (nil
                    paid)
Ian Farmer          58,933         30,500          £1.307759     28,433        29 Nov        LSE
                                                                               2012


PDMR                Full           New Shares      Sale price    New Shares Date of          Location
                    entitlement    (nil paid)                    (nil paid) to transaction   of trade
                    of New         sold                          be taken up
                    Shares (nil
                    paid)
Albert Jamieson     19,839         10,454          R17.50        9,385         30 Nov        JSE
                                                                               2012
Mark Munroe         16,596         8,745           R17.50        7,851         30 Nov        JSE
                                                                               2012

A further announcement of the subscription for the New Shares will be made following the closing of
the rights issue on 10 December 2012.


ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza (Head of Investor      +27 11 218 8300 /
Relations)                            +44 20 7201 6007
Ruli Diseko (Investor Relations       +27 11 218 8373
Manager)

 Media:
Cardew Group
James Clark / Emma Crawshaw           +44 20 7930 0777
Sue Vey                               +27 72 644 9777

 Brunswick - Johannesburg             +27 11 502 7400 /
Itumeleng Mahabane                    +27 83 325 9169

Notes to editors
Lonmin, which is listed on both the London Stock Exchange and the Johannesburg Stock Exchange, is
one of the world's largest primary producers of PGMs. These metals are essential for many industrial
applications, especially catalytic converters for internal combustion engine emissions, as well as
their widespread use in jewellery.

Lonmin's operations are situated in the Bushveld Complex in South Africa, where nearly 80% of
known global PGM resources are found.

The Company creates value for shareholders through mining, refining and marketing PGMs and has a
vertically integrated operational structure - from mine to market. Lonmin's mining operations
extract ore from which the Process Division produces refined PGMs for delivery to customers.
Underpinning the operations is the Shared Services function which provides high quality levels of
support and infrastructure across the operations.
For further information please visit our website: www.lonmin.com

Sponsor:
J.P. Morgan Equities Limited

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