12th Jan 2017 14:30
12 January 2017
Lonmin Plc
Director/PDMR shareholding
Pursuant to Article 19 of the EU Market Abuse Regulation, Lonmin Plc (the "Company") provides notification of the grant of nil-cost share options granted on 10 January 2017 under the Company's Annual Share Award Plan to:
· Ben Magara, Director and Chief Executive Officer
· Barrie van der Merwe, Director and Chief Financial Officer
· Ben Moolman, Director and Chief Operating Officer
· Mike da Costa, Executive Vice President Business Support Office
· Abey Kgotle, Executive Vice President, Human Resources.
As in prior years, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with awards pursuant to the Annual Share Award Plan with a face value of an equivalent gross amount to the bonus. The awards are settled in shares at the point of exercise.
The notification forms below, made in accordance with the EU Market Abuse Regulation, provide further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Ben Magara | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director and Chief Executive Officer | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lonmin Plc | ||||||
b) | LEI | [N/A] | ||||||
4 | Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan | ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
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e) | Date of the transaction | 10.01.2017 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Barrie van der Merwe | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director and Chief Financial Officer | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lonmin Plc | ||||||
b) | LEI | [N/A] | ||||||
4 | Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan | ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 10.01.2017 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Director and Ben Moolman | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Chief Operating Officer | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lonmin Plc | ||||||
b) | LEI | [N/A] | ||||||
4 | Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan | ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 10.01.2017 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Abey Kgotle | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Executive Vice President (Human Resources) | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lonmin Plc | ||||||
b) | LEI | [N/A] | ||||||
4 | Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of option under the Annual Share Award Plan | ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 10.01.2017 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Mike da Costa | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Executive Vice President (Business Support Office) | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Lonmin Plc | ||||||
b) | LEI | [N/A] | ||||||
4 | Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of option under the Annual Share Award Plan | ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 10.01.2017 | ||||||
f) | Place of the transaction | N/A | ||||||
-ENDS-
Related Shares:
Lonmin