28 Mar 2018 12:00
LEI: 213800FGJZ2WAC6Y2L94
28 March 2018
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 27 March 2018 under the Company's Annual Share Award Plan ("ASAP Awards") to:
· Ben Magara - Director and CEO
· Barrie van der Merwe - Director and CFO
· Tanya Chikanza - EVP Corporate Strategy, Investor Relations and Corporate Communications
· Mike da Costa - EVP Technical Services
· Thandeka Ncube - EVP Stakeholder Engagement and Regulatory Affairs
· Khaya Ngcwembe - EVP Human Resources
As in prior years, the participants' bonus paid under the Balanced Scorecard Bonus Plan is matched with an ASAP Award with a face value equivalent to the bonus. The ASAP 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 CEO | ||||||
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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
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c) | Prices(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 27/03/2018 | ||||||
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 CFO | ||||||
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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
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c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
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e) | Date of the transaction | 27/03/2018 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Tanya Chikanza | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | EVP Corporate Strategy, Investor Relations and Corporate Communications | ||||||
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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
| ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 27/03/2018 | ||||||
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 | EVP Technical Services | ||||||
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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
| ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 27/03/2018 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Thandeka Ncube | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | EVP Stakeholder Engagement and Regulatory Affairs | ||||||
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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
| ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 27/03/2018 | ||||||
f) | Place of the transaction | N/A | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Khaya Ngcwembe | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | EVP 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 | 213800FGJZ2WAC6Y2L94 | ||||||
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 the financial instrument, type of instrument
Identification code | Ordinary Shares of $0.0001 each
ISIN: GB00BYSRJ698 | ||||||
b) | Nature of the transaction | Grant of award under the Annual Share Award Plan
| ||||||
c) | Prices(s) and volume(s) |
| ||||||
d) | Aggregated information |
| ||||||
e) | Date of the transaction | 27/03/2018 | ||||||
f) | Place of the transaction | N/A | ||||||
End