RNS Number : 8484O
Lonmin PLC
12 February 2016
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DIRECTORATE CHANGE
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Lonmin Plc (the "Company") today announces the appointment of Kennedy G. Bungane as a non-executive director of the Company, with effect from 1 March 2016.
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Mr Bungane (41) is CEO of Pembani Group Proprietary Limited ("Pembani"), which recently merged with Shanduka, Lonmin's Black Economic Empowerment partner.??Mr Bungane was nominated to the Board pursuant to a contractual arrangement with Shanduka.
Mr Bungane has a BCom in Corporate Finance & Investment Finance, an MBA in Advanced Corporate Finance from the University of Pretoria and he completed an Advanced Management Program at the Harvard Business School.???? Prior to Pembani, Mr Bungane was CEO of Barclays Africa Limited and was Chairman of both the UK incorporated Barclays Africa Limited board and the Barclays Africa Regional Management Executive Committee. Mr Bungane was also CEO of the Corporate and Investment Bank at Standard Bank of South Africa and a member of the Standard Bank Group Executive Committee.
In addition to his position at Pembani, Mr Bungane is also a non-executive director of Kangra Coal (Pty) Limited.
In accordance with the Listing Rules, Lonmin confirms that there are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6).??Mr Bungane has no direct beneficial interests in Lonmin ordinary shares of $0.0001 each.
Brian Beamish, Chairman of Lonmin said "I am pleased to welcome Kennedy to our Board.?? He brings with him significant corporate experience and knowledge, particularly in a South African context.?? Kennedy will, I have no doubt, be a much valued contributor to the Lonmin Board."
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ENQUIRIES
Investors / Analysts:
Lonmin
?? Tanya Chikanza (Head of Investor Relations) |
+27 11 218 8358 /
+44 20 7201 6007 |
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Media:
Cardew Group
?? Anthony Cardew |
+44 20 7930 0777 |
?? Sue Vey |
+27 60 523 7953 |
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This information is provided by RNS
The company news service from the London Stock Exchange
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BOAGGUUCPUPQGQG
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Lonmin PLC.
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PRODUCTEUR |
CODE : LMI.L |
ISIN : GB0031192486 |
CUSIP : 54336Q203 |
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Lonmin est une société de production minière d'or et de platine basée au Royaume-Uni. Lonmin est productrice d'or, de platine, de palladium et de rhodium en Afrique Du Sud, et détient divers projets d'exploration au Canada, au Gabon, en Afrique Du Sud et en Tanzanie. Ses principaux projets en production sont PANDORA JV, LIMPOPO, MARIKANA, EASTERN PLATINUM (EPL) et KAREE MINE (WPL) en Afrique Du Sud et ses principaux projets en exploration sont LUWUMBU en Tanzanie, PANTON en Australie, MESSINA PLATINIUM et WESTERN PLATINUM en Afrique Du Sud et WINDY LAKE au Canada. Lonmin est cotée au Royaume-Uni, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 21,4 milliards GBX (25,0 milliards US$, 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. |