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Centamin PLC Announces Notice of Director Dealing

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Centamin plc (LSE:CEY, TSX:CEE) announced a director dealing on March 23, 2023, where CFO Ross Jerrard purchased 53,000 ordinary shares at a price of £1.00 per share, totaling £53,653.71. Following this transaction, Jerrard holds a total of 620,000 shares. The transaction was executed under the UK Market Abuse Regulation requirements. Notably, 40,290 of these shares are subject to a two-year holding period ending in June 2023. The announcement emphasizes compliance with regulatory obligations.

Positive
  • CFO Ross Jerrard's purchase of 53,000 shares indicates confidence in the company's future.
  • Jerrard's total shareholdings now stand at 620,000, aligning his interests with shareholders.
Negative
  • None.

NOTICE OF DIRECTOR DEALING

PERTH, AUSTRALIA / ACCESSWIRE / March 23, 2023 / Centamin plc ("Centamin" or "the Company")(LSE:CEY)(TSX:CEE)

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.

Ross Jerrard, Chief Financial Officer, purchased 53,000 ordinary shares in the Company at a price of £1.00 per share for a total consideration of £53,653.71. After settlement of the transaction, Ross will hold a total of 620,000 (1) 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

Alexandra Barter-Carse, Head of Corporate Communications

investor@centaminplc.com

FTI Consulting

Ben Brewerton / Sara Powell / Nick Hennis

+442037271000

centamin@fticonsulting.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)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 sharesISIN JE00B5TT1872
b)Nature of the transactionPurchase
c)Price(s) and volume(s)
Price(s)Volume(s)

Trade 1

Trade 2

£1.00

£1.003

510

52,490

d)

Aggregated information

-Aggregated volume
-Price

53,000 CEY shares

£1.003

e)Date of the transactionTrade 1: 2023-03-21 Trade 2: 2023-03-22
f)Place of the transactionLondon Stock Exchange

-END

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/745432/Centamin-PLC-Announces-Notice-of-Director-Dealing

FAQ

What recent transaction did Centamin's CFO make regarding shares?

CFO Ross Jerrard purchased 53,000 ordinary shares at £1.00 each on March 21 and 22, 2023.

How many shares does Ross Jerrard hold after his recent purchase?

After the purchase, Ross Jerrard holds a total of 620,000 ordinary shares in Centamin.

What was the total value of the shares purchased by Centamin's CFO?

The total consideration for the shares purchased was £53,653.71.

What restrictions apply to some of Ross Jerrard's shares?

40,290 of Ross Jerrard's shares are subject to a two-year holding period, concluding in June 2023.

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