Centamin PLC Announces Additional Listing

Rhea-AI Summary

Centamin plc announced an application for the listing of 1,982,000 ordinary shares on the London Stock Exchange (LSE) and FCA. These shares will satisfy awards under the company's shareholder-approved incentive plans due to vest in 2023. The new shares will rank pari passu with existing shares and are expected to be admitted to trading on April 6, 2023, at 8:00 am BST. Following the admission, the total number of issued shares will be 1,158,432,695. For further information, stakeholders are encouraged to review the annual report available on the company's website.

Positive

• Issuance of 1,982,000 shares under shareholder-approved incentive plans.
• New shares will rank pari passu with existing shares, maintaining equity structure.

Negative

• None.

ORDINARY SHARE LISTING APPLICATION

PERTH, AUSTRALIA / ACCESSWIRE / April 3, 2023 / Centamin plc ("Centamin" or "the Company" or "Group", including its subsidiaries) LSE: CEY / TSX: CEE

The Company wishes to advise that under the terms of the Company's shareholder approved incentive plans shares are required, in the ordinary course of business, to satisfy awards that are due to vest to participants in 2023.

1,982,000 ordinary shares of no par value ("Shares") will be issued and will rank pari passu with the Company's existing ordinary shares. The trustee of the share plans will allocate the vested awards subject to the terms of the share plans.

An application has been made by the Company to the Financial Conduct Authority ("FCA") and the London Stock Exchange ("LSE") for the listing of the Shares to be admitted to the Official List of the FCA and to trading on the LSE. The Shares are expected to be admitted to trading on the LSE from 8:00am BST on 6 April 2023.

Immediately following the share admission, and in accordance with FCA Disclosure Guidance and Transparency Rule 5.6.1, the Company's total issued share capital will comprise of 1,158,432,695 ordinary shares of no par value and each carrying one voting right.

For more details on the Company's share plans, please refer to the 2022 Annual Report and Accounts available on the Company's website: https://www.centamin.com/annual-report-2022/.

This announcement contains ongoing regulated information.

FOR MORE INFORMATION please visit the website www.centamin.com or contact:

Centamin plc Alexandra Barter-Carse, Head of Corporate Communications investor@centaminplc.com

FTI Consulting Ben Brewerton / Sara Powell / Nick Hennis +442037271000 centamin@fticonsulting.com

LEI: 213800PDI9G7OUKLPV84
Company No: 109180

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Centamin PLC

View source version on accesswire.com:
https://www.accesswire.com/747221/Centamin-PLC-Announces-Additional-Listing

FAQ

What is the share listing announcement by Centamin for April 2023?

Centamin is listing 1,982,000 ordinary shares on the LSE to satisfy awards in their incentive plans.

When will Centamin's new shares trade on the London Stock Exchange?

The new shares are expected to be admitted to trading on April 6, 2023, at 8:00 am BST.

How many total shares will Centamin have after the new listing?

After the listing, Centamin will have a total of 1,158,432,695 ordinary shares.

What is the significance of the shares ranking pari passu?

Shares ranking pari passu means they share the same rights and privileges as existing shares, maintaining equity structure.