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10 December 2014
Notification of Transactions of Directors and Persons Discharging Managerial Responsibilities ("PDMRs")
Pursuant to DTR 3.1.4 R, Lonmin Plc (the "Company") confirms that nil cost options were granted on 9 December 2014 under the Company's Annual Share Award Plan ("ASAP Awards") to the PDMRs as listed below.
As in prior years, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with ASAP Awards with a face value of an equivalent gross amount, which are settled in shares at the point of exercise.
PDMR
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Position
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Number of shares
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Abey Kgotle
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Executive VP Human Resources
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25,778
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Ben Moolman
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Head of Business Support Office
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5,406
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Lerato Molebatsi
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Executive VP Communications and Public Affairs
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23,252
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Johan Viljoen
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Chief Operating Officer
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5,583
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ASAP Awards are not subject to a performance condition (other than continued service) as the FY2014 bonus plan determines the size of the award. They will vest on the third anniversary of the date of grant and can be exercised at any time during the seven year period thereafter.
END
This information is provided by RNS
The company news service from the London Stock Exchange
ENDRDSBGBDDRUBBGSG
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Lonmin PLC.
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PRODUCER |
CODE : LMI.L |
ISIN : GB0031192486 |
CUSIP : 54336Q203 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Lonmin is a gold and platinum producing company based in United kingdom. Lonmin produces gold, platinum, palladium and rhodium in South Africa, and holds various exploration projects in Canada, in Gabon, in South Africa and in Tanzania. Its main assets in production are PANDORA JV, LIMPOPO, MARIKANA, EASTERN PLATINUM (EPL) and KAREE MINE (WPL) in South Africa and its main exploration properties are LUWUMBU in Tanzania, PANTON in Australia, MESSINA PLATINIUM and WESTERN PLATINUM in South Africa and WINDY LAKE in Canada. Lonmin is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 21.4 billions as of today (US$ 25.0 billions, € 22.0 billions). Its stock quote reached its highest recent level on August 28, 2009 at GBX 9 964.65, and its lowest recent point on June 28, 2019 at GBX 75.60. Lonmin has 282 784 288 shares outstanding. |