LONR Lonrho

 

TIDMLONR 
 
RNS Number : 2027U 
Lonrho PLC 
11 October 2010 
 

Not for release in the United States, Canada or Japan 
 
11 October 2010 
 
                                   LONRHO PLC 
                          ("Lonrho" or the "Company") 
 
 Further placement of US$10 million convertible bonds to complete the total US$ 
              70 million Bond issue announced on 8th October 2010. 
 
Lonrho Plc announces that following notification on 8 October 2010 confirming 
the successful completion of the offering (the "Offering") of US$60 million 
Guaranteed Convertible Bonds due 2015, the Company is pleased to announce that 
in accordance with the option to sell a further US$10 million, and in light of 
significant demand, it has successfully placed the further US$10 million of 
additional bonds by the Company's wholly-owned direct subsidiary, LAH Jersey 
Limited ("the Bonds").  The issuance remains subject to shareholder approval. 
 
The aggregate amount of all the Bonds now placed by Lonrho is US$70 million and 
if all of the Bonds were to be converted and immediately exchanged into new 
ordinary shares of 1 pence each in the Company ("Shares") at a fixed conversion 
price of GBP0.1559, 282,999,798 new Shares would be issued. Based on the present 
issued Share capital of Lonrho full conversion of the Bonds would represent 
19.5% of the enlarged Share capital of the Company. 
 
The terms and conditions attaching to the Bonds remain the same as announced by 
the Company on 8 October 2010. 
 
For further information, please contact: 
 
+----------------+--------------+ 
| Lonrho         |      -       | 
| Plc            |     +44      | 
| David          |    (0)20     | 
| Lenigas,       |  7016 5105   | 
| Chairman       |              | 
+----------------+--------------+ 
| Geoffrey       | +44          | 
| White,         | (0)20        | 
| Chief          | 7016 5105    | 
| Executive      |              | 
| Officer        |              | 
+----------------+--------------+ 
| David          | +44          | 
| Armstrong,     | (0)20        | 
| Finance        | 7016 5105    | 
| Director       |              | 
+----------------+--------------+ 
| Pelham         |              | 
| Bell           |              | 
| Pottinger      |              | 
+----------------+--------------+ 
| Charles        | +44          | 
| Vivian         | (0) 20       | 
|                | 7861 3126    | 
+----------------+--------------+ 
|                | +44          | 
|                | (0)          | 
|                | 7977 297903  | 
+----------------+--------------+ 
| James          | +44          | 
| MacFarlane     | (0) 20       | 
|                | 7861 3864    | 
+----------------+--------------+ 
|                | +44          | 
|                | (0)          | 
|                | 7841 672831  | 
+----------------+--------------+ 
| Beaumont       |              | 
| Cornish        |              | 
| Limited        |              | 
| (Nomad)        |              | 
+----------------+--------------+ 
| Rosalind       | +44          | 
| Hill           | (0) 20       | 
| Abrahams       | 7628 3396    | 
| Roland         | +44 (0)      | 
| Cornish        | 20 7938 8980 | 
| ISM            | +44 (0) 20   | 
| Capital        | 7614 8388    | 
| LLP            |              | 
| Cliff          |              | 
| Siegel         |              | 
| Michael        |              | 
| Coakley        |              | 
| Andreas        |              | 
| Hajialexandrou |              | 
| Panmure Gordon |              | 
| (UK) Limited   |              | 
| Tim Linacre    |              | 
| Dominic Morley |              | 
|                |              | 
+----------------+--------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IOEZFLFFBBFLFBE 
 

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