RNS Number : 7211V
Lonmin PLC
16 January 2013
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16 January 2013
Notification of Transactions of Directors and Persons Discharging Managerial Responsibilities ("PDMRs")
Pursuant to DTR 3.1.4 R, Lonmin Plc (the "Company") confirms that nil cost options were granted on 15 January 2013 under the Company's Annual Share Award Plan ("ASAP Awards") to Simon Scott, Acting Chief Executive and Chief Financial Officer, and the PDMRs listed below.
Director/PDMR
|
Position |
Number of shares |
Simon Scott
|
Acting CEO/CFO |
44,171 |
Albert Jamieson
|
Chief Commercial Officer |
44,293 |
Barnard Mokwena |
Executive Vice-President Human Capital and External Affairs
|
37,465 |
Mark Munroe
|
Executive Vice-President Mining |
42,654 |
Natascha Viljoen
|
Executive Vice-President Processing |
39,209 |
As in the previous year, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with ASAP Awards of an equivalent gross amount, which are settled in shares at the point of exercise.
ASAP Awards are not subject to a post-grant performance condition as the FY2012 bonus plan acts as a pre-grant condition. They will vest on the third anniversary of the date of grant (subject to continued employment) and can be exercised at any time during the seven year period thereafter.
END
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Lonmin PLC.
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PRODUCER |
CODE : LMI.L |
ISIN : GB0031192486 |
CUSIP : 54336Q203 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Lonmin is a gold and platinum producing company based in United kingdom. Lonmin produces gold, platinum, palladium and rhodium in South Africa, and holds various exploration projects in Canada, in Gabon, in South Africa and in Tanzania. Its main assets in production are PANDORA JV, LIMPOPO, MARIKANA, EASTERN PLATINUM (EPL) and KAREE MINE (WPL) in South Africa and its main exploration properties are LUWUMBU in Tanzania, PANTON in Australia, MESSINA PLATINIUM and WESTERN PLATINUM in South Africa and WINDY LAKE in Canada. Lonmin is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 21.4 billions as of today (US$ 25.0 billions, € 22.0 billions). Its stock quote reached its highest recent level on August 28, 2009 at GBX 9 964.65, and its lowest recent point on June 28, 2019 at GBX 75.60. Lonmin has 282 784 288 shares outstanding. |