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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lonmin Plc | LSE:LMI | London | Ordinary Share | GB00BYSRJ698 | ORD USD0.0001 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 75.60 | 73.70 | 74.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:9128Q
Lonmin PLC
15 October 2003
15 October 2003
Lonmin Plc
Announcement re: Ashanti's improved merger terms with AngloGold
The Board of Lonmin Plc ("Lonmin") has noted the announcement made today by
Ashanti Goldfields ("Ashanti") detailing the improved terms of the merger with
AngloGold.
Lonmin, which holds 27.6% of Ashanti's issued share capital, entered into an
undertaking with AngloGold, dated 4 August 2003, to vote in favour of the
merger. Lonmin can only withdraw its support for the merger with AngloGold if
the board of Ashanti withdraws its recommendation or if the transaction
agreement relating to AngloGold's proposal is terminated.
In light of the Revised Merger Proposal, Lonmin has irrevocably undertaken to
AngloGold not to have any discussions with Randgold, or to accept or support any
proposal from Randgold unless such proposal includes a fully underwritten cash
alternative and the board of Ashanti determines it to be a superior proposal in
accordance with the terms of the transaction agreement with AngloGold.
End
For further information contact:
CardewChancery
Anthony Cardew / Jackie Range +44 (0)20 7930 0777
This information is provided by RNS
The company news service from the London Stock Exchange
END
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