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Prospect News home > News index > List of issuers L > Headlines for Lonmin plc > News item
Published on 12/1/2008 in the Prospect News PIPE Daily.

New Issue: Lonmin plans £97.42 million placement of shares

By Devika Patel

Knoxville, Tenn., Dec. 1 - Lonmin plc will conduct a £97.42 million private placement of stock.

The company will sell 1,172,583 shares at 8,308p per share to International Finance Corp.

Lonmin is a mining company based in London.

Issuer:Lonmin plc
Issue:Shares
Amount:£97,418,195.64
Shares:1,172,583
Price:8,308p
Warrants:No
Investor:International Finance Corp.
Announcement date:Nov. 26
Stock symbol:London: LMI
Stock price:872p at close Nov. 26

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