BRIEF-Lonmin notes Glencore's proposal, says constructive way forward

miércoles 11 de febrero de 2015 03:29 GYT

Feb 11 (Reuters) - Lonmin Plc :

* Lonmin comments on Glencore's announced proposal

* Has noted statement made today by Glencore Plc ("Glencore")

* Views glencore's proposal as a constructive way forward which would enable Glencore shareholders to continue their participation in Lonmin's future

* Proposal is for approval of Glencore shareholders at their own annual general meeting on 7 May 2015

* Advised that when Glencore shareholder approval for distribution of its Lonmin shareholding has been received, Gary Nagle and Paul Smith will step down from Lonmin board Source text for Eikon: Further company coverage: (Bengaluru Newsroom; +44 207 542 1810)