28 Jan 2016 16:04
An application has been made to the UK Listing Authority and the London Stock Exchange for 73,172 Ordinary Shares of $0.0001 each to trade on the London Stock Exchange and to be admitted to the Official List. The shares shall rank equally with the existing issued shares of the Company.
All of these shares will be issued to the Lonmin Employee Share Trust on 2 February 2016. This will enable the trustee to settle the vesting of awards granted on (i) 28 September 2012 under each of the Company's Long Term Incentive Plan and Stay & Prosper Plan, (ii) 15 January 2013 under the Company's Annual Share Award Plan, (iii) 10 July 2013 in respect of the second tranche of the retention award granted to Ben Magara, CEO and a director of the Company and (iv) 7 November 2012 in respect of Retention award granted to Simon Scott, CFO and a director of the Company.
It is expected that admission will commence at 8.00a.m. on 2 February 2016.
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd