27th Nov 2008 15:36
Lonmin plc
IFC Invests US$15 million in new Lonmin shares
Further to the Lonmin IFC (International Finance Corporation) partnership signed on 13 March 2007, the IFC has notified Lonmin that it is exercising the final tranche of its option to invest in new Lonmin shares with an investment of US$15 million.
Lonmin will issue 1,172,583 shares to the IFC at 8308 pence per share, a discount of 5.0% to the closing mid market price of Lonmin shares on the London Stock Exchange on 26 November 2008. Following this investment the IFC will hold 1,759,313 Lonmin shares equating to 1.12% of the current issued share capital.
Enquiries:
Analysts/Investors:
Rob Gurner +44 (0) 207 201 6050
Investor Relations Manager
Media:
Cardew Group +44 (0) 207 930 0777
Antony Cardew / Rupert Pittman
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