(LONR) Lonrho

Summary

Lonrho invests and builds businesses in Africa. The Company operates in seventeen countries across the continent in five strategic business divisions; Agribusiness, Infrastructure, Transport, Hotels and Support Services. These important industries provide some of the building blocks and foundations required for successful economic growth in Africa.

African growth is being driven by the expanding mineral, oil and agriculture sectors combined with a significant internal economy being generated by a population that is approaching one billion people. Lonrho is focused on servicing these strategic growth sectors of the African market and recognises the fact that Africa is developing as one of the strongest global emerging markets. Lonrho has built a portfolio of strong, successful operational businesses that promote job creation, assist poverty reduction, and are an integral part of African economic development.

Visit the Lonrho website

Buy UK shares for just £1.50. No hidden charges, admin or inactivity fees

Current Market Information

Time: 18:17 (Market Closed)

Bid	10.25
Ask	10.50
Price	10.38
Previous	10.50
Change	0.00 (0.00%)
Last Trade	10.50 (16:35:09)
Trading Vol.	4,704,044
Today's High	10.50
Today's Low	10.25

52 Wk Low	8.01
52 Wk Low	(30/11/2011)
52 Wk High	21.50
52 Wk High	(17/06/2011)
52 Wk Change	-7.50
52 Wk Change	(-41.67%)
4 Wk Volume	98,656,271
ISIN Number	GB0002568813
Currency	GBX

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Recent Regulatory News

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15:30

Lonrho PLC - Total Voting Rights

RNS

01-02-12

Lonrho PLC - Lonrho Hotels awarded 10 year management agreement

RNS

RNS Number : 5490W

Lonrho PLC

01 February 2012

Press Release 01.02.12

Lonrho Hotels awarded ten year Management Agreement for the 450-room Grand Hotel Kinshasa in the Democratic Republic of Congo.

Lonrho Hotels, a wholly owned division of Lonrho Plc, is delighted to announce that it has entered into a ten year management agreement for the 450-room Grand Hotel Kinshasa, formerly the InterContinental Hotel, in the capital of Democratic Republic of the Congo.

With panoramic views across the mighty Congo River the Grand Hotel Kinshasa is located in its own grounds at the heart of the diplomatic and commercial district of the Congolese capital.

Lonrho Hotels has been mandated by the Government to upgrade the hotel to its former glory as one of the leading five star hotel and conference venues in Central Africa.

According to international consultants McKinsey, Kinshasa is forecast to grow into Africa's largest city by 2025 and, following the recent elections, it is expected that the DRC will enter a period of strong economic growth.

The Grand Hotel Kinshasa has 450 bedrooms, of which only 238 are currently operational. The management agreement includes a commitment from Government that the hotel will undergo a major refurbishment to re-open the closed 212 additional bedrooms, create extensive new lounge and lobby areas, two new restaurants, and a Grand Club Floor and Lounge. The refurbishment is scheduled to be complete over the next twenty-four months.

The hotel also has a conference capacity for 2,000 delegates and provides outside catering services for major events and meetings. The hotel includes a casino, nightclub, shopping mall, swimming pool and recreational facilities that will be reinstated.

Lonrho also operates the Grand Hotel welcome lounge and restaurant at Kinshasa airport and provides a seamless meet and greet service for guests ensuring they have a safe and rapid transit to the hotel.

This Management Agreement has been signed following Lonrho's successful and highly acclaimed redevelopment to an international five star standard in 2010 of the Grand Karavia in Lubumbashi, the second city of the DRC and the centre of the country's mining industry. The Grand Karavia in Lubumbashi has since added three tourist lodges to its offering and for the first time the Ministry of Tourism recently exhibited at the World Travel Market in London, where the DRC received considerable interest from the international travel trade.

Both business and leisure travellers will benefit from the convenience, reliability and personalised service provided by Lonrho Hotels, whether in Lubumbashi or Kinshasa, during their time in the DRC.

All Lonrho Hotels deliver international standards, superb restaurants and high-speed internet access in a sympathetic friendly environment.

Geoffrey White, Lonrho Plc's CEO stated:

"The 450-room Grand Hotel Kinshasa is one of the finest hotel properties in Africa and we are delighted Lonrho Hotels has been chosen to manage the hotel and the refurbishment of the property. The Hotel is an important asset for the Government and its refurbishment of the hotel reflects the economic progress that is being seen in the Democratic Republic of the Congo."

Ends

Enquiries:

Lonrho Plc +44 (0) 20 7016 5105

David Lenigas

Geoffrey White

Pelham Bell Pottinger +44 (0) 20 7861 3232

Gavin Davis

Charles Goodwin

Charlie Harrison

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABBMLTMBTJBTT

12-01-12

Lonrho PLC - TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS

RNS Number : 4813V

Lonrho PLC

12 January 2012

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ			Lonrho Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Increase in Lonrho's Total Voting Rights			X
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		Investec Wealth & Investment Limited
4. Full name of shareholder(s) (if different from 3.):^iv		N/A
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		4^th January 2011
6. Date on which issuer notified:		6^th January 2011
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		Below 3%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

Ordinary Shares

GB0002568813

45,761,951

41,116,154

2.62%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

41,116,154

2.62%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Client holdings registered in the name of Nominee companies 100% owned by Investec Wealth & Investment Limited. NB: On 31^st May 2011 Rensburg Sheppards Investment Management Limited changed it's name to Investec Wealth & Investment Limited.

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:	N/A
14. Contact name:	Phil Beardwell Chartered FCSI Senior Compliance Manager
15. Contact telephone number:	020 7597 1356

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in shares^xxii

A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Investec Wealth & Investment Limited
Contact address (registered office for legal entities)	2 Gresham Street London EC2V 7QP
Phone number & email	0113 236 4171 mike.rigby@investecwin.co.uk
Other useful information (at least legal representative for legal persons)	Mike Rigby (Head of Compliance)

B: Identity of the notifier, if applicable
Full name	Philip Martin Beardwell
Contact address	2 Gresham Street London EC2V 7QN
Phone number & email	020 7597 1356 phil.beardwell@investecwin.co.uk
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Senior Compliance Manager

C: Additional information
This is a revised TR-1, updating the release from 06 January 2012
For notes on how to complete form TR-1 please see the FSA website.

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBSGDBCUBBGDD

10-01-12

Lonrho PLC - TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

RNS

RNS Number : 3099V

Lonrho PLC

10 January 2012

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ			Lonrho PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				No
Other (please specify):	An increase in the issuer's total voting rights			Yes
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ		Capital Group International, Inc.
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v		January 3, 2012
6. Date on which issuer notified:		January 10, 2012
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}		Below 6%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Indirect

Direct ^xi

Indirect ^xii

Direct

Indirect

Ordinary

(GB0002568813)

89,841,247

5.7293%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

89,841,247

5.7293%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
		Number of Shares	Percentage of Outstanding
Capital Group International, Inc. ("CGII") holdings Holdings by CGII Management Companies and Funds:		89,841,247	5.729%
· Capital Guardian Trust Company		4,709,681	0.300%
· Capital International Limited		599,700	0.038%
· Capital International SÁrl		25,739,700	1.641%
· Capital International, Inc. · Emerging Markets Growth Fund, Inc.		58,792,166	3.749%

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Vivien Tan
15. Contact telephone number:	+1 213 615 0469

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLBXGDBSGBBGDG

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Date/Time	Subject	Author
Result Pages: 1
Tue 22:10	Re: Airline squeeze	kibu


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Briefly above $117 earlier today, the March Brent price is now sinking. Evening (UK) pricing since the "close" is presently down 10 pips after today's falls. Nonetheless, it's still above $116. That, for Fly540's budgeting, is NOT good news. It affects Lonrholand in other logistics areas too and should not be ignored by PIs. Considering the energy of the many bullish 'experts' that have contributed to this BB over the years, it would be useful if one or more would contact Lonrho's BoD for their views about the affect of oil prices. Seemingly, some are quite happy to (mis)quote their 'contacts' when there's something good or obscure to post on the BB. Plain truth? Forget it. Read their posts. They use no names, rather, "I heard" or "I was told," etc. Brent? Isn't that in Devon? At the moment, the only evident truth is that the "bulls" who have posted "buy votes" on Lonrho over the last year have so much custard on their faces that their blushes are completely smothered. It was a year ago this week that the remunerated SpikeyDT first appeared here and posted "Strong Buy." Seedy Cryptonite joined in with ridicule and insults at 18p but despite their miserable efforts it fell to just over 8p. After a brief rise it was at just over 9p yesterday. (Cryptonite? Oh, please check his posting history, wildly off the mark since his "clever comments" at 40p+ in 2008). Cryptonite, of course, wears a red nose to bed. That's what clowns do. Once, when he woke up, it was much longer, like Pinocchio's. I do hope that never happens again. I'm happy to engage in debate - even with Cryptonite. The lack of informed debate on this BB leads to a worry that the bearish views espoused have been so poorly and amateurishly challenged that a quarter-Yorkshireman and a Lanky can agree AND be correct. Huh? Above 10p, there is questionable value in Lonrho's assets; "profits" are realisable rather than realised; targets remain achievable instead of achieved and the BOD is, unfortunately, still the BOD instead of being thanked for their enormous contribution and being wished well in their future endeavours. The chart below shows what the BoD and their acolytes have delivered for shareholders in the past 52 weeks. Prospective investors would do well to read 2011's messages. Lonrho is now into its seventh year without a dividend. Change is needed. Fly540 should be canned or sold. The BoD should be on the last flight out. kiBoD More View thread 2 Respond Login to Vote up New enhanced Spread Betting platform. Find out more.
Mon 20:49	Airline squeeze	kibu


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Apart from the two recent large airline bankruptcies, American Airlines has announced planned cuts of about 13,000 workers. The parent company, AMR, is still in Ch 11 bankruptcy protection and trying to cut costs. The airline industry is still expected to grow, according to Boeing and Airbus but, as this article explains, airlines themselves are less likely to benefit: http://www.bbc.co.uk/news/business-15571107 Fly540, whose planes are older than some of the local competitors, and less fuel efficient than the planes mentioned in the article, wil be squeezed even more by the continued high fuel prices. A further strong rise in crude oil prices last week was extended today. This evening March Brent is already another 54 pips higher at $116.53 to buy. Lonrho ended at 9.90p on the bid. More View thread 2 Respond Login to Vote up New enhanced Spread Betting platform. Find out more.
Mon 19:49	Re: Lonrho to leave LonZim Board	Skylimit


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Apologies...just saw that it had been discussed below... More View thread 2 Respond Login to Vote up
Mon 19:48	Lonrho to leave LonZim Board	Skylimit


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Did anyone else see the following announcement from Jan 31? · Board of LonZim Plc advises that the Company has reached a stage where it can operate without further direct support from Lonrho Plc. · All five members of the Board nominated by Lonrho Plc have agreed to step down from the Board of LonZim Plc at the AGM, subject to all resolutions being passed (announcement is on the iii page for LonZim) I understand that Lonrho will retain its ownership stake (http://www.newzimbabwe.com/business-7084-LonZim%20renamed%20Cambria%20Africa/business.aspx). Can anyone confirm this? LonZim will also change its name to Cambria Africa. Thoughts and what does this mean? Good/bad for either firm? More View thread 2 Respond Login to Vote up

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(LONR) Lonrho

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