| Mon 20 Feb 2006, 7:21 | | Lonmin - Rule 2.10 Announcement |
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LON
LOLMI
Lonmin - Rule 2.10 Announcement
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")
Lonmin plc - Rule 2.10 Announcement
17 February 2006
Lonmin plc ("Lonmin") announces, in accordance with Rule 2. 10 of the City Code
on Takeovers and Mergers, that as at the close of business on 17 February 2006
it had the following securities in issue:
142,280,656 ordinary shares of US$1 each. The ISIN reference number for these
securities is GB0031192486.
(The ISIN reference number for American Depository Shares (1 ADS representing 1
ordinary share) is US54336Q2030.)
3.75% dollar denominated convertible bonds 2008 totalling US$215,795,000. The
ISIN reference number for these securities is XS0177384962.
Dealing Disclosure Requirements
Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"Code"), if any person is, or becomes, "interested" (directly or indirectly) in
1% or more of any class of "relevant securities" of Lonmin, all "dealings" in
any "relevant securities" of that company (including by means of an option in
respect of, or a derivative referenced to, any such "relevant securities") must
be publicly disclosed by no later than 3.30 pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which any offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the "offer period" otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an
"interest" in "relevant securities" of Lonmin, they will be deemed to be a
single person for the purpose of Rule 8.3.
Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Lonmin by any potential offeror or Lonmin, or by any of their
respective "associates", must be disclosed by no later than 12.00 noon (London
time) on the London business day following the date of the relevant transaction.
A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel"s website at
www.thetakeoverpanel.org.uk
"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.
Terms in quotation marks are defined in the Code, which can also be found on the
Panel"s website. If you are in any doubt as to whether or not you are required
to disclose a "dealing" under Rule 8, you should consult the Panel.
END
Date: 20/02/2006 07:21:35 AM Produced by the JSE SENS Department
