LON - Lonmin Plc - IFC invests US$15 million in new Lonmin shares
LON
LOLMI
LON - Lonmin Plc - IFC invests US$15 million in new Lonmin shares
Lonmin Plc
(Incorporated in England and Wales)
(Registered in the Republic of South Africa under registration number
1969/000015/10)
JSE code: LON
Issuer Code: LOLMI & ISIN: GB0031192486
("Lonmin")
IFC invests US$15 million in new Lonmin shares
27 November 2008
Further to the Lonmin IFC (International Finance Corporation) partnership signed
on 13 March 2007, the IFC has notified Lonmin that it is exercising the final
tranche of its option to invest in new Lonmin shares with an investment of US$15
million.
Lonmin will issue 1,172,583 shares to the IFC at 8308 pence per share, a
discount of 5.0% to the closing mid market price of Lonmin shares on the London
Stock Exchange on 26 November 2008. Following this investment the IFC will hold
1,759,313 Lonmin shares equating to 1.12% of the current issued share capital.
Enquiries:
Analysts/Investors:
Rob Gurner +44 (0) 207 201 6050
Investor Relations Manager
Media:
Cardew Group +44 (0) 207 930 0777
Antony Cardew / Rupert Pittman
Date: 27/11/2008 17:45:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
