SOURCE: Centamin plc

June 01, 2016 11:29 ET

Centamin plc: Director Disposal of Shares

PERTH, AUSTRALIA--(Marketwired - Jun 1, 2016) - Centamin (LSE: CEY) (TSX: CEE) announces the following disposal of ordinary shares in the Company pursuant to DTR 3.1.2R:

Mr Josef El-Raghy, Chairman of the Company, disposed of 12,595,714 ordinary shares in the Company between 26 May 2016 and 31 May 2016 at an average price of 0.98 pence per share. The notification relates to Nordana Pty Ltd, a fund connected to Mr Josef El-Raghy. The transactions occurred on the London Stock Exchange.

Following these transactions, Mr Josef El-Raghy's holdings and those of his connected persons in the share capital of the Company are as follows:

Registered Holder   Number of ordinary shares
Nordana Pty Ltd < Super Fund A/C >   5,000,000
El-Raghy Kriewaldt Pty Ltd   52,549,372
S & M El-Raghy < The El-Raghy Family Account >   350,000
Montana Realty Pty Ltd < Super Fund A/C >   950,000

The total number of fully paid ordinary shares in which Josef El-Raghy and his connected persons have a beneficial interest is 58,849,372 representing 5.11% of the issued ordinary share capital of the Company.

Contact Information

  • For more information please contact:

    Centamin plc
    Josef El-Raghy
    Chairman
    Andy Davidson
    Head of Investor Relations
    (andy.davidson@centamin.je)
    +44 (0) 1534 828708

    Buchanan
    Bobby Morse
    + 44 (0) 20 7466 5000