4th Mar 2014 15:02
Lonmin Plc4 Grosvenor PlaceLondon SW1X 7YLUnited Kingdom
T: +44 (0)20 7201 6000F: +44 (0)20 7201 6100
www.lonmin.com
REGULATORY RELEASE
4 March 2014
Director/PDMR shareholding
Lonmin Plc (the "Company") was today advised pursuant to DTR 3.1.2 R by Roger Phillimore, a director and chairman of the board, that on 4 March 2014 he sold 63,700 ordinary shares of $1 each in the Company at a price of 298.5 pence per share in the London market. Simultaneously his wife purchased 70,000 shares in the Company at a price of 298.5 pence per share in the London market. The Company has today received a notification from Mrs Phillimore, pursuant to DTR 3.1.2 R, of her ownership of these shares.
Mr Phillimore's beneficial interest in the Company's ordinary shares of $1 each has therefore increased from 63,700 to 70,000 shares.
ENDS
ENQUIRIES
Investors / Analysts:
Lonmin
Tanya Chikanza Floyd Sibandze Sue Vey | +44 20 7201 6007 +27 11 218 8300 +27 72 644 9777 |
Media:
Cardew Group Anthony Cardew / James Clark |
+44 20 7930 0777 |
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: http://www.lonmin.com
Related Shares:
Lonmin