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Centamin PLC Announces Director/PDMR Shareholding

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Centamin plc has announced significant share purchases by its top executives, signaling confidence in the company. On May 23, 2022, CEO Martin Horgan acquired 65,788 shares at £0.835 each, increasing his total holding to 107,193 shares. CFO Ross Jerrard purchased 67,000 shares at £0.825, bringing his total to 567,000 shares. Additionally, Non-Executive Director Mark Bankes bought 30,000 shares at £0.836, totaling 319,000 shares. These acquisitions demonstrate executive confidence amidst market fluctuations.

Positive
  • Insider purchasing activity indicates confidence in the company's future.
  • Total shares held by Martin Horgan now amount to 107,193.
  • Ross Jerrard holds a significant position with 567,000 shares after his recent purchase.
  • Mark Bankes' acquisition of shares adds to his substantial holding of 319,000 shares.
Negative
  • None.

NOTICE OF DIRECTOR DEALING

PERTH, AUSTRALIA / ACCESSWIRE / May 23, 2022 / In accordance with the requirements of Article 19 of the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European (Withdrawal Act 2028), the Company makes the below notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Today, Martin Horgan, Chief Executive Officer, purchased 65,788 ordinary shares in the Company at a price of £0.835 per share. After settlement of the transaction, Martin will hold a total of 107,193 ordinary shares in the Company.

On 19 May 2022, Ross Jerrard, Chief Financial Officer, purchased 67,000 ordinary shares in the Company at a price of £0.825 per share. After settlement of the transaction, Ross will hold a total of 567,000(1) ordinary shares in the Company.

On 20 May 2022, Mark Bankes, Non-Executive Director, purchased 30,000 ordinary shares in the Company at a price of £0.836 per share. After settlement of the transaction, Mark will hold a total of 319,000 ordinary shares in the Company.

This announcement contains ongoing regulated information.

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

Centamin plc

Michael Stoner, Group Corporate Manager
investor@centaminplc.com

Buchanan

Bobby Morse/ Ariadna Peretz/ James Husband
+ 44 (0) 20 7466 5000
centamin@buchanan.uk.com

_________________________________________________________________________________________________

(1) As per the Performance Share Plan, 40,290 ordinary shares are subject to a two-year holding period (concluding June 2023)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1Details of the person discharging managerial responsibilities/person closely associated
a)NameMartin Horgan
2Reason for the notification
a)Position/statusDirector - Chief Executive Officer
b)Initial notification/AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameCentamin plc
b)LEILEI 213800PDI9G7OUKLPV84
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares

ISIN JE00B5TT1872

b)Nature of the transactionPurchase
c)Price(s) and volume(s)

Price(s)

Volume(s)

£0.835

65,788

d)

Aggregated information

-

Aggregated volume

-

Price

65,788 CEY shares

£0.835

e)Date of the transaction2022-05-23
f)Place of the transactionLondon Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1Details of the person discharging managerial responsibilities/person closely associated
a)NameRoss Jerrard
2Reason for the notification
a)Position/statusDirector - Chief Financial Officer
b)Initial notification/AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameCentamin plc
b)LEILEI 213800PDI9G7OUKLPV84
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares

ISIN JE00B5TT1872

b)Nature of the transactionPurchase
c)Price(s) and volume(s)

Price(s)

Volume(s)

£0.825

67,000

d)

Aggregated information

-

Aggregated volume

-

Price

67,000 CEY shares

£0.825

e)Date of the transaction2022-05-19
f)Place of the transactionLondon Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1Details of the person discharging managerial responsibilities/person closely associated
a)NameMark Bankes
2Reason for the notification
a)Position/statusNon-Executive Director
b)Initial notification/AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameCentamin plc
b)LEILEI 213800PDI9G7OUKLPV84
4Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares

ISIN JE00B5TT1872

b)Nature of the transactionPurchase
c)Price(s) and volume(s)

Price(s)

Volume(s)

£0.836

30,000

d)

Aggregated information

-

Aggregated volume

-

Price

30,000 CEY shares

£0.836

e)Date of the transaction2022-05-20
f)Place of the transactionLondon Stock Exchange

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/702253/Centamin-PLC-Announces-DirectorPDMR-Shareholding

FAQ

What recent share purchases were made by executives of Centamin (CELTF)?

On May 23, 2022, CEO Martin Horgan purchased 65,788 shares at £0.835 each, CFO Ross Jerrard bought 67,000 shares at £0.825, and Non-Executive Director Mark Bankes acquired 30,000 shares at £0.836.

How many shares does Martin Horgan hold in Centamin (CELTF) after his recent purchase?

After his recent purchase, Martin Horgan holds a total of 107,193 shares in Centamin.

What is the significance of insider share purchases in Centamin (CELTF)?

Insider share purchases are often viewed as a positive signal, indicating that executives believe in the company's future prospects.

When did Ross Jerrard make his share purchase in Centamin (CELTF)?

Ross Jerrard made his share purchase on May 19, 2022.

What is the total number of shares held by Ross Jerrard in Centamin (CELTF) after his purchase?

After his purchase, Ross Jerrard holds a total of 567,000 shares in Centamin.

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