10th Aug 2006 15:49
Lonmin PLC10 August 2006 10 AUGUST 2006 Notification of Transactions of Directors' and PersonsDischarging Managerial Responsibilities ('PDMRs') Pursuant to DR 3.1.4 R and in accordance with the rules of the Lonmin ScarceSkills Retention Plan, the PDMRs listed below were granted awards on14 July 2006. PDMRs Position Notional Shares Alistair Ross President - Platinum 5,000 Operations Ricus Grimbeek VP - Mining Marikana 5,000 Simo Lushaba VP - Shared Services 5,000 Alan Keeley VP - Platinum 3,000 Processing The Scarce Skills Retention Plan is a cash settled plan with a three yearvesting period and no "good leaver" early vesting provisions. The awards arenot subject to performance conditions and are intended to provide a significantretention hold over key senior managers who possess rare skills critical to ourbusiness. The executive directors of Lonmin Plc are not eligible to participate in thisPlan, which has not been proposed for approval by shareholders. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Lonmin