| Wed 16 Sep 2009, 7:10 | | LON - Lonmin Plc - Notification of Transactions of Directors and Persons |
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LON
LOLMI
LON - Lonmin Plc - Notification of Transactions of Directors and Persons
Discharging Managerial Responsibilities
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")
15 SEPTEMBER 2009
Notification of Transactions of Directors and Persons Discharging Managerial
Responsibilities ("PDMRs")
Pursuant to DR 3.1.4 R, Lonmin Plc (the "Company") confirms that the Executive
Directors and PDMRs listed below were granted nil cost Long Term Incentive Plan
Awards (LTIP Awards) over Ordinary Shares of the Company on 14 September 2009.
Directors No. of shares
Ian Farmer 57,152
Alan Ferguson 33,779
PDMRs Position No. of shares
Theuns de Bruyn Executive Vice President, 10,101
Processing
Albert Jamieson Chief Commercial Officer 10,789
Barnard Mokwena Executive Vice President, Human 10,126
Capital & External Affairs
Mark Munroe Executive Vice President, Mining 12,552
Mahomed Seedat Chief Operating Officer 17,000
Chris Sheppard Executive Vice President, 11,784
Technical Services
The LTIP Awards will normally vest on the third anniversary of the award date.
The LTIP Awards granted to the Executive Directors will be subject to
satisfaction of a performance condition comprised of two objective tests,
assessed independently of each other, absolute share price and relative total
shareholder return.
LTIP Awards granted to the PDMRs comprise a 50% retention component, the vesting
of which is not subject to any performance condition. The remaining 50% is
subject to the same performance conditions as for the Executive Directors.
END
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