29th Sep 2009 15:56
RNS Number : 8841Z
Lonmin PLC
29 September 2009
Notification of Transactions of Directors and Persons Discharging Managerial Responsibilities ("PDMRs")
Pursuant to DR 3.1.4 R, Lonmin Plc confirms that on 28 September 2009 Mr Theuns de Bruyn, a PDMR, was granted a nil cost award of 1,400 shares under the Long Term Incentive Plan ("LTIP Award").
The LTIP Award comprises a 50% retention component, the vesting of which is not subject to any performance condition. The remaining 50% is subject to satisfaction of a performance condition comprised of two objective tests, assessed independently of each other, absolute share price and relative total shareholder return.
END
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