Centamin Egypt Limited
TSX : CEE
ASX : CNT
LSE : CEY

Centamin Egypt Limited

November 27, 2009 12:24 ET

Centamin Egypt: Results of Annual General Meeting of Shareholders

TORONTO, ONTARIO--(Marketwire - Nov. 27, 2009) - Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(ASX:CNT)(LSE:CEY) wish to advise that, pursuant to Listing Rule 3.13.2, the outcomes of each resolution put to the Company's members at the Annual General Meeting held on 27 November 2009, in the Bishopsgate & Chancery Rooms at The Andaz Hotel, Liverpool Street, London, United Kingdom at 11.30 am (London time) are set out below along with information required by section 251AA of the Corporations Act.

Ordinary Resolution 1.0 - Financial Statements and Reports

The Company's financial statements, the directors' report and the auditors' report for the year ended 30 June 2009, were tabled and considered.

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
663,044,37427,30957,625835,330

Ordinary Resolution 2.0 – Adoption of the Remuneration Report

This resolution was passed by shareholders present without amendment by a show of hands, however, due to the proxy votes, this resolution was declared lost. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
314,452,897328,123,16920,560,692827,830

Ordinary Resolution 3.1 – Re-Election of Mr Colin Cowden

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
630,278,98932,845,5694,950835,130

Ordinary Resolution 3.2 – Re-Election of Dr Thomas Elder

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
658,843,4024,281,1564,950835,130

Ordinary Resolution 3.3 – Re-Election of Mr Herbert Stuart Bottomley

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
658,763,4024,286,25676,850838,130

Ordinary Resolution 4.0 – Adoption of the Employee Share Option Plan 2009

This resolution was passed by shareholders present without amendment by a show of hands, however, due to the proxy votes, this resolution was declared lost. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
234,469,889331,752,90297,046,167528,112

Ordinary Resolution 5.0 – Approval of Increase in Total Amount of Non-Executive Directors' Fees

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
582,730,381648,95779,890,170528,112

Approval and Ratification of Issues; ASX Listing Rules 7.1 and 7.4

Ordinary Resolution 6.1 – Approval and Ratification of Issue of 106,154,200 shares @ C$0.65

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,095,3101,515,083526,615668,431

Ordinary Resolution 6.2 – Approval and Ratification of Issue of 2,653,855 broker warrants @ C$0.65

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,400,0051,501,533234,470668,431

Ordinary Resolution 6.3 – Approval and Ratification of Issue of 2,653,855 broker warrants @ C$0.65 

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,402,5051,501,433233,070668,431

Ordinary Resolution 6.4 – Approval and Ratification of Issue of 1,630,150 options @ A$1.20

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,238,1061,356,537542,365668,431

Ordinary Resolution 6.5 – Approval and Ratification of Issue of 19,000,000 shares @ C$1.56 

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,563,9291,291,512280,567668,431

Ordinary Resolution 6.6 – Approval and Ratification of Issue of 788,437 broker warrants @ C$1.56

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,545,2291,333,212257,567668,431

Ordinary Resolution 6.7 – Approval and Ratification of Issue of 161,563 broker warrants @ C$1.52

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,527,4011,274,212335,395668,431

Ordinary Resolution 6.8 – Approval of Issue of 500,000 options to Investec Bank Plc 

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,338,0421,225,751573,215668,431

Ordinary Resolution 6.9 – Approval of Issue of 500,000 options to Ambrian Partners Limited 

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
661,309,4421,243,351584,215668,431

Special Resolution 7.0 – Amendment of Constitution

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
662,215,446286,316629,240833,636

Special Resolution 8.0 – Disapplication of Pre-Emption Rights

This resolution was passed without amendment by a show of hands. Instructions in respect of proxies were as follows:

ForAgainstAbstainProxies Discretion
646,307,87316,404,310418,819833,636

Yours sincerely

Heidi Brown
Company Secretary
27 November 2009

ABN 86 007 700 352

Contact Information

  • Centamin Egypt Limited
    Josef El-Raghy
    + 61 (8) 9316 2640
    www.centamin.com
    or
    Buchanan Communications Limited
    Bobby Morse
    + 44 (0) 207 7466 5000
    or
    Buchanan Communications Limited
    Ben Willey
    + 44 (0) 207 7466 5000
    or
    Ambrian Partners Limited
    Richard Brown
    + 44 (0) 207 7634 4700
    or
    Ambrian Partners Limited
    Richard Greenfield
    + 44 (0) 207 7634 4700
    or
    Investec Investment Banking
    Gerard Kisbey-Green
    + 44 (0)207 597 4000