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2014-11-20T00:00:00.000Z

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Wrong John Craven?

Sir John Craven A.

Chairman

Lonmin Plc

HQ Phone: +44 20 7201 6000

Lonmin Plc

4 Grosvenor Place

London, London SW1X 7YL

United Kingdom

Company Description

Lonmin Plc is a South Africa-based company. The Company is engaged in the discovery, acquisition, development and marketing of platinum group metals (PGM). During the fiscal year ended September 30, 2007 (fiscal 2007), the Company completed the acquisitio ... more

Find other employees at this company (1,871)

Background Information

Employment History

Non-Executive Director
The Royal Marsden Cancer Charity

Affiliations

Board Member
Proactiveinvestors

Web References (199 Total References)


Lonmin had been hoping for a ...

ftalphaville.ft.com [cached]

Lonmin had been hoping for a sweetened offer after Sir John Craven, its chairman, rejected Xstrata's proposal as "opportunistic". But a sharp fall in the platinum price has depressed Lonmin's shares.

...
Meanwhile, reports The Times, attempts by Sir John Craven, Lonmin chairman, to defend the company from a £33-a-share (£5bn) hostile bid from Anglo-Swiss miner Xstrata have been undermined by the revelation that he sold two thirds of his personal stake for just 3% - or £1 - more than the offer price. Lonmin's chairman had described Xstrata's offer as "ridiculous", despite selling 63,808 shares at £34 in February, raising nearly £2.2m.
...
Sir John Craven, chairman of Lonmin, accused the City of short-termism and defended the performance of the platinum mining group, which is facing a £5bn hostile takeover bid from Xstrata.


The Royal Marsden’s Board and Management Executive

www.royalmarsden.nhs.uk [cached]

Sir John Craven

...
Sir John Craven, Non-executive director
Chairman of Remuneration and Terms of Service Committee Member of Quality, Assurance and Risk Committee
Sir John Craven became a Non- Executive Director in April 2008 following a distinguished career in banking, which culminated in membership of the Board of Managing Directors of the Deutsche Bank.


The Royal Marsden’s Board and Management Executive

www.royalmarsden.nhs.uk [cached]

Sir John Craven

...
Sir John Craven, Non-executive director
Chairman of Remuneration and Terms of Service Committee Member of Quality, Assurance and Risk Committee
Sir John Craven became a Non- Executive Director in April 2008 following a distinguished career in banking, which culminated in membership of the Board of Managing Directors of the Deutsche Bank.


Sir John ...

www.miningreview.com [cached]

Sir John Craven, Chairman, Lonmin

...
Commenting on the offer, Lonmin chairman Sir John Craven said: "This is an opportunistic move by Xstrata which attempts to capitalise on the current volatility in financial and metal markets. Lonmin will contest this approach vigorously. It undervalues Lonmin's unique business and fails to deliver appropriate value for the company's shareholders," he insisted.


Sir John Craven, former ...

www.socialistparty.org.uk [cached]

Sir John Craven, former chairman of mining group Lonmin (Lonmin workers were massacred in Marikana, South Africa in 2012): £12,500

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