Lonrho PLC Director Dealing (1516N)
September 26 2012 - 2:01AM
UK Regulatory
TIDMLONR
RNS Number : 1516N
Lonrho PLC
26 September 2012
26(th) September 2012
LONRHO PLC
("Lonrho" or the "Company")
DIRECTOR DEALING
Lonrho announces that it was informed by Emma Priestley, an
Executive Director of the Company, that she has exercised 1,065,000
options that were due to expire and has sold sufficient shares to
meet the costs related to the exercise of the options.
Her exercise was 1,065,000 options at 6.5 pence per ordinary
share on 24(th) September 2012 pursuant to the Lonrho Plc
Unapproved Company Share Option Plan (the "Share Option Plan"). Ms
Priestley sold 921,178 ordinary shares at a price of 9.125p pence
per share on 25(th) September 2012 to satisfy the payment of the
exercise price, income tax, national insurance and dealing fees.
The balance of 143,822 ordinary shares was retained by Emma
Priestley.
Emma Priestley's total interest in shares following this
transaction is 187,926 shares, representing 0.01% of the Company's
issued share capital.
The total number of shares in issue following the exercise of
these and other options over a total of 6,430,000 ordinary shares
is 1,586,856,596 ordinary shares with a nominal value of 1p each,
with voting rights. The Company does not hold any ordinary shares
in the Treasury.
The above figure of 1,586,856,596 ordinary shares may be used by
shareholders in the Company as the denominator for the calculations
by which they will determine if they are required to notify their
interest in, or change to their interest in, the share capital of
the Company under the Financial Services Authority's Disclosure and
Transparency Rules.
Enquiries
+44 (0) 20 7 016
Lonrho Plc 5105
Geoffrey White
David Armstrong
+44 (0) 20 7 831
FTI Consulting 3113
Edward Westropp
Georgina Bonham
This information is provided by RNS
The company news service from the London Stock Exchange
END
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