TIDMLMI

RNS Number : 0538U

Lonmin PLC

12 January 2017

12 January 2017

Lonmin Plc

Director/PDMR shareholding

Pursuant to Article 19 of the EU Market Abuse Regulation, Lonmin Plc (the "Company") provides notification of the grant of nil-cost share options granted on 10 January 2017 under the Company's Annual Share Award Plan to:

   --     Ben Magara, Director and Chief Executive Officer 
   --     Barrie van der Merwe, Director and Chief Financial Officer 
   --     Ben Moolman, Director and Chief Operating Officer 
   --     Mike da Costa, Executive Vice President Business Support Office 
   --     Abey Kgotle, Executive Vice President, Human Resources. 

As in prior years, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with awards pursuant to the Annual Share Award Plan with a face value of an equivalent gross amount to the bonus. The awards are settled in shares at the point of exercise.

The notification forms below, made in accordance with the EU Market Abuse Regulation, provide further detail.

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Ben Magara 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Director and Chief Executive 
                                        Officer 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Lonmin Plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              [N/A] 
---  -------------------------------  ------------------------------------ 
 4    Details of the transaction (s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------------- 
 a)   Description of                   Ordinary Shares of $0.0001 
       the financial instrument,        each 
       type of instrument               ISIN: GB00BYSRJ698 
       Identification 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of award under the 
                                        Annual Share Award Plan 
---  -------------------------------  ------------------------------------ 
 c)   Prices(s) and volume(s)           Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         240,027 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information            Aggregate   Aggregate   Aggregate 
                                          price       volume      total 
                                        ----------  ----------  ---------- 
                                         Nil         240,027     Nil 
                                        ----------  ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          10.01.2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         N/A 
---  -------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Barrie van der Merwe 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Director and Chief Financial 
                                        Officer 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Lonmin Plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              [N/A] 
---  -------------------------------  ------------------------------------ 
 4    Details of the transaction (s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------------- 
 a)   Description of                   Ordinary Shares of $0.0001 
       the financial instrument,        each 
       type of instrument               ISIN: GB00BYSRJ698 
       Identification 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of award under the 
                                        Annual Share Award Plan 
---  -------------------------------  ------------------------------------ 
 c)   Prices(s) and volume(s)           Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         51,932 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information            Aggregate   Aggregate   Aggregate 
                                          price       volume      total 
                                        ----------  ----------  ---------- 
                                         Nil         51,932      Nil 
                                        ----------  ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          10.01.2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         N/A 
---  -------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Director and Ben Moolman 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Chief Operating Officer 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Lonmin Plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              [N/A] 
---  -------------------------------  ------------------------------------ 
 4    Details of the transaction (s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------------- 
 a)   Description of                   Ordinary Shares of $0.0001 
       the financial instrument,        each 
       type of instrument               ISIN: GB00BYSRJ698 
       Identification 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of award under the 
                                        Annual Share Award Plan 
---  -------------------------------  ------------------------------------ 
 c)   Prices(s) and volume(s)           Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         108,339 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information            Aggregate   Aggregate   Aggregate 
                                          price       volume      total 
                                        ----------  ----------  ---------- 
                                         Nil         108,339     Nil 
                                        ----------  ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          10.01.2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         N/A 
---  -------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Abey Kgotle 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Executive Vice President 
                                        (Human Resources) 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Lonmin Plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              [N/A] 
---  -------------------------------  ------------------------------------ 
 4    Details of the transaction (s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------------- 
 a)   Description of                   Ordinary Shares of $0.0001 
       the financial instrument,        each 
       type of instrument               ISIN: GB00BYSRJ698 
       Identification 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of option under the 
                                        Annual Share Award Plan 
---  -------------------------------  ------------------------------------ 
 c)   Prices(s) and volume(s)           Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         68,805 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information            Aggregate   Aggregate   Aggregate 
                                          price       volume      total 
                                        ----------  ----------  ---------- 
                                         Nil         68,805      Nil 
                                        ----------  ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          10.01.2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         N/A 
---  -------------------------------  ------------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                             Mike da Costa 
---  -------------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status                  Executive Vice President 
                                        (Business Support Office) 
---  -------------------------------  ------------------------------------ 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                             Lonmin Plc 
---  -------------------------------  ------------------------------------ 
 b)   LEI                              [N/A] 
---  -------------------------------  ------------------------------------ 
 4    Details of the transaction (s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  --------------------------------------------------------------------- 
 a)   Description of                   Ordinary Shares of $0.0001 
       the financial instrument,        each 
       type of instrument               ISIN: GB00BYSRJ698 
       Identification 
       code 
---  -------------------------------  ------------------------------------ 
 b)   Nature of the transaction        Grant of option under the 
                                        Annual Share Award Plan 
---  -------------------------------  ------------------------------------ 
 c)   Prices(s) and volume(s)           Price(s)    Volume(s) 
                                        ----------  ---------- 
                                         Nil         83,549 
                                        ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 d)   Aggregated information            Aggregate   Aggregate   Aggregate 
                                          price       volume      total 
                                        ----------  ----------  ---------- 
                                         Nil         83,549      Nil 
                                        ----------  ----------  ---------- 
---  -------------------------------  ------------------------------------ 
 e)   Date of the transaction          10.01.2017 
---  -------------------------------  ------------------------------------ 
 f)   Place of the transaction         N/A 
---  -------------------------------  ------------------------------------ 
 

-ENDS-

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 12, 2017 09:30 ET (14:30 GMT)

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