RNS Number:7485O
Lonrho PLC
26 February 2008
26 February 2008
LONRHO PLC
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:
Lonrho Plc
2. Reason for the notification (please place an X inside the appropriate bracket
/s):
An acquisition or disposal of voting rights: ( )
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: (X)
Other (please specify) : ( )
.................
3. Full name of person(s) subject to the notification obligation:
Ospraie Management, LLC
4. Full name of shareholder(s) (if different from 3.) :
See section 9 below
5. Date of the transaction (and date on which the threshold is crossed or
reached if different):
20 February 2008
6. Date on which issuer notified:
22 February 2008
7. Threshold(s) that is/are crossed or reached:
5.00% (The Ospraie Portfolio Ltd.) and 7.00% (Ospraie Management, LLC)
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible Situation previous to the Triggering transaction
using the ISIN CODE
Number of shares Number of voting Rights
GB0002568813 25,449,512 7.91%
*as of previous filing on 7/1/08 *as of previous filing on 7/1/08
18,159,076 5.64%
*as of previous filing on 7/1/08 *as of previous filing on 7/1/08
Resulting situation after the triggering transaction
Class/type of shares if Number of shares Number of voting rights % of voting rights
possible using the ISIN CODE
Direct Direct Indirect Direct Indirect
GB0002568813 n/a n/a 25,449,512 n/a 6.72%
(Ospraie (Ospraie
Management, LLC) Management, LLC)
18,228,076 n/a 4.81%
(The Ospraie (The Ospraie
Portfolio Ltd.) Portfolio Ltd.)
B: Financial Instruments
Resulting situation after the triggering transaction
Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights
financial Period/ Date that may be acquired if the
instrument instrument is exercised/
converted.
n/a n/a n/a n/a n/a
Total (A+B)
Number of voting rights % of voting rights
25,449,512 6.72%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
In the narrative below, the figures in brackets indicate the amount of voting
rights and the percentage held by controlled undertakings where relevant.
Ospraie Management, LLC (25,449,512; 6.72%), a discretionary investment manager,
is a controller of The Ospraie Portfolio Ltd (18,228,076; 4.81%).
Ospraie Advisors, L.P. ("Ospraie Advisors"), a discretionary investment manager,
is a controller of The Of Ospraie Special Opportunities Master Holdings Ltd
(7,221,436; 1.91%). Ospraie Advisors LLC, in its capacity as general partner,
is a controller of Ospraie Advisors. Ospraie Management, LLC, in its capacity as
managing member, is a controller of Ospraie Advisors, LLC.
Proxy Voting:
10. Name of the proxy holder:
n/a
11. Number of voting rights proxy holder will cease to hold:
n/a
12. Date on which proxy holder will cease to hold voting rights:
n/a
13. Additional information:
The share referred to in Section 9 above are held in portfolios managed by those
firms on a discretionary basis for its client.
14. Contact name:
Jim Hughes
15. Contact telephone number:
+44(0)20 7016 5105
This information is provided by RNS
The company news service from the London Stock Exchange
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