1 June 2018 Environmental

Our team advised on the all share offer for Lonmin PLC by Sibanye Gold

Cliffe Dekker Hofmeyr is representing Lonmin, the world's third largest platinum producer and an entity with the majority of its shareholders and operations in South Africa.  It is listed on the stock exchanges of both London and Johannesburg.

Our mining team is advising this client in a transaction involving the settlement of agreements and regulatory documentation for an all-share offer.  Under the terms of the deal, Sibanye Gold, trading as Sibanye-Stillwater, and/or a wholly-owned subsidiary, will acquire the entire issued and to be issued ordinary share capital of Lonmin.  The deal will be effected by means of a scheme of arrangement between Lonmin and the Lonmin shareholders under Part 26 of the UK Companies Act.