2nd Mar 2011 18:27
2 March 2011
LONRHO PLC
("Lonrho" or "the Company")
Exercise of Options
Lonrho Plc (AIM:LONR) today announces that 250,000 new ordinary shares will be issued following the exercise of 250,000 options at 6.5p per share.
The new shares will rank, pari passu, with all existing ordinary shares. Application has been made for these shares to be admitted to trading on AIM and admission is expected to take place on 7th March 2011.
The total number of ordinary shares in issue following the exercise of these options will be 1,180,614,449.
For further information:
Enquiries
Lonrho Plc | - |
David Lenigas, Executive Chairman | +44 (0)20 7016 5105 |
Geoffrey White, Chief Executive Officer | +44 (0)20 7016 5105 |
David Armstrong, Finance Director | +44 (0)20 7016 5105 |
Emma Priestley, Executive Director | +44 (0)20 7016 5105 |
Pelham Bell Pottinger | |
Charles Vivian | +44 (0) 20 7861 3126 |
+44 (0) 7977 297903 | |
James MacFarlane | +44 (0) 20 7861 3864 |
+44 (0) 7841 672831 | |
| |
Beaumont Cornish Limited (Nomad) | |
Rosalind Hill Abrahams Roland Cornish | +44 (0) 20 7628 3396 |
Related Shares:
Lonrho