RNS Number : 4341I
Lonmin PLC
11 March 2010
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Lonmin PLC - Directorate Change
Lonmin is pleased to announce that Dr Len Konar has agreed to join the Lonmin board with effect from 11 March 2010 as a non-executive director. Dr Konar will join the Audit & Risk Committee and, as a non-executive, also becomes a member of the Nomination Committee.
Dr Konar (56) is a South African national and holds degrees in accounting from the universities of Durban-Westville in South Africa and Illinois at Chicago, as well as a D.Com from the University of South Africa. A South African chartered accountant, Dr Konar is a member of the King Committee on Corporate Governance as well as a number of other professional bodies in South Africa. He currently serves on a number of company boards, including the South African Reserve Bank, Alexander Forbes, Sappi Group and Exxaro Resources, where he is the chairman. He has previously held posts with Old Mutual South Africa, the International Monetary Fund, where he chaired the audit committee, and the Independent Development Trust where he was the executive director and, among other activities, was responsible for the internal audit and investment portfolios. Prior to that he was a professor in and head of the Department of Accountancy at the University of Durban-Westville.
In accordance with the Listing Rules, Lonmin confirms that there are no additional matters relating that would require disclosure under LR 9.6.13 R (1) to (6). Dr Konar has no beneficial interests in Lonmin ordinary shares of $1 each.
Commenting on the appointment, Roger Phillimore, Chairman of Lonmin said:
"I am very pleased that Len has agreed to join our board. He is a respected and well connected businessman in South Africa. We look forward to the contribution he will make to the development of Lonmin in the years to come and in helping us address the continuing challenges of transformation in our South African operations."
Enquiries:
Rob Gurner +44 (0)207 201 6050
Head of Investor Relations
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Lonmin PLC.
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PRODUCTEUR |
CODE : LMI.L |
ISIN : GB0031192486 |
CUSIP : 54336Q203 |
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Lonmin est une société de production minière d'or et de platine basée au Royaume-Uni. Lonmin est productrice d'or, de platine, de palladium et de rhodium en Afrique Du Sud, et détient divers projets d'exploration au Canada, au Gabon, en Afrique Du Sud et en Tanzanie. Ses principaux projets en production sont PANDORA JV, LIMPOPO, MARIKANA, EASTERN PLATINUM (EPL) et KAREE MINE (WPL) en Afrique Du Sud et ses principaux projets en exploration sont LUWUMBU en Tanzanie, PANTON en Australie, MESSINA PLATINIUM et WESTERN PLATINUM en Afrique Du Sud et WINDY LAKE au Canada. Lonmin est cotée au Royaume-Uni, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 21,4 milliards GBX (25,0 milliards US$, 22,3 milliards €). La valeur de son action a atteint son plus haut niveau récent le 28 août 2009 à 9 964,65 GBX, et son plus bas niveau récent le 28 juin 2019 à 75,60 GBX. Lonmin possède 282 784 288 actions en circulation. |