TIDMLONR 
 
RNS Number : 2675V 
Lonrho PLC 
29 October 2010 
 

 
FOR IMMEDIATE RELEASE 
                                       29 October 2010 
 
                                   LONRHO PLC 
                          ("Lonrho" or the "Company") 
 
 
  General Meeting approves conversion rights for US$ 70m guaranteed convertible 
                                      bond 
 
The Company is pleased to announce that at the General Meeting held today, the 
Resolution was passed to authorise the grant of the conversion rights under the 
US$ 70,000,000 guaranteed convertible bonds issued by LAH Jersey Limited the 
Company's wholly owned direct subsidiary. 
 
 
David Lenigas, Lonrho Executive Chairman stated : 
 
I am delighted that there was overwhelming support from shareholders for the 
Company entering into the US$70 million guaranteed convertible bond. This is a 
significant step for the growth of the Company. The proceeds of the bond will be 
utilised to restructure some existing expensive debt in Africa and fast track 
the expansion of Lonrho's agricultural division's ability to produce, source and 
deliver fish, fruit and vegetables from Southern Africa to the exciting USA 
retail sector. 
 
 
Enquiries 
 
+---------------------------------------+---------------------+ 
| Lonrho Plc                            |                     | 
+---------------------------------------+---------------------+ 
| David Lenigas, Executive Chairman     | +44 (0)20 7016 5105 | 
+---------------------------------------+---------------------+ 
| Geoffrey White, Chief Executive       | +44 (0)20 7016 5105 | 
| Officer                               |                     | 
+---------------------------------------+---------------------+ 
| David Armstrong, Finance Director     | +44 (0)20 7016 5105 | 
+---------------------------------------+---------------------+ 
| Emma Priestley, Executive Director    | +44 (0)20 7016 5105 | 
+---------------------------------------+---------------------+ 
|                                       |                     | 
+---------------------------------------+---------------------+ 
| Beaumont Cornish Limited(Nomad)       |                     | 
+---------------------------------------+---------------------+ 
| Rosalind Hill Abrahams                | +44 (0) 20 7628     | 
|                                       | 3396                | 
+---------------------------------------+---------------------+ 
|                                       |                     | 
+---------------------------------------+---------------------+ 
| Pelham Bell Pottinger                 |                     | 
+---------------------------------------+---------------------+ 
| Charles Vivian                        | +44 (0) 20 7861     | 
|                                       | 3126                | 
+---------------------------------------+---------------------+ 
|                                       | +44 (0) 7977 297    | 
|                                       | 903                 | 
+---------------------------------------+---------------------+ 
| James MacFarlane                      | +44 (0) 20 7861     | 
|                                       | 3864                | 
+---------------------------------------+---------------------+ 
|                                       | +44 (0) 7841 672    | 
|                                       | 831                 | 
+---------------------------------------+---------------------+ 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 ROMFKLFLBBFFFBV 
 

Lonrho (LSE:LONR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Lonrho Charts.
Lonrho (LSE:LONR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Lonrho Charts.