Lonmin share price: Chairman Buys Shares, Meets Obligation

Lonmin share price: Chairman Buys Shares, Meets Obligation

  • John Adam
  • 12th November 2014, 11:18

**DIRECTOR DEALINGS: Lonmin Chairman Buys Shares, Meets Obligation**

LONDON (Alliance News) – Lonmin PLC Wednesday said Chairman Brian Beamish bought 30,000 shares at GBP1.898997 a share on Tuesday, his only holding in the company.

Beamish became the miner’s new chairman in July. Lonmin said Wednesday that Beamish’s share purchase meant he has now met his obligations in full under its shareholding policy.
Lonmin shares were down 0.5% at 188.30 pence Wednesday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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