For immediate release |
13 June 2016 |
Centamin plc ("Centamin" or the "Company")
(LSE:CEY, TSX:CEE)
Director Disposal of Shares
Centamin 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 5,000,000 ordinary shares in the Company between 8 June 2016 and 10 June 2016 at an average price of £1.11 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> 0
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 53,849,372 representing 4.67% of the issued ordinary share capital of the Company. This announcement contains the information required under DTR 5.1.2.
|
|
|
|
|
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
|
|
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii |
Centamin PLC |
2 Reason for the notification (please tick the appropriate box or boxes): |
An acquisition or disposal of voting rights |
¨ |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
S |
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
¨ |
An event changing the breakdown of voting rights |
¨ |
Other (please specify): |
|
¨ |
3. Full name of person(s) subject to the
notification obligation: |
Josef El-Raghy |
4. Full name of shareholder(s)
(if different from 3.): |
|
5. Date of the transaction and date on
which the threshold is crossed or
reached: |
8 June, 2016 to 10 June, 2016 |
6. Date on which issuer notified: |
13 June, 2016 |
7. Threshold(s) that is/are crossed or
reached: |
Below 5% |
| |
|
|
|
|
|
8. Notified details: |
A: Voting rights attached to shares |
Class/type of
shares
if possible using
the ISIN CODE
|
Situation previous
to the triggering
transaction |
Resulting situation after the triggering transaction |
Number
of
Shares |
Number
of
Voting
Rights |
Number
of shares |
Number of voting
rights |
% of voting rights |
Direct |
Direct |
Indirect |
Direct |
Indirect |
JE00B5TT1872 |
58,849,372 |
58,849,372 |
N/A |
N/A |
53,849,372 |
N/A |
4.67% |
|
B: Qualifying Financial Instruments |
Resulting situation after the triggering transaction |
Type of financial
instrument |
Expiration
date |
Exercise/
Conversion Period |
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted. |
% of voting
rights |
|
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
Resulting situation after the triggering transaction |
Type of financial
instrument |
Exercise price |
Expiration date |
Exercise/
Conversion period |
Number of voting rights instrument refers to |
% of voting rights |
|
|
|
|
|
Nominal |
Delta |
|
|
|
Total (A+B+C) |
Number of voting rights |
Percentage of voting rights |
53,849,372 |
4.67% |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: |
Registered Holder Number of ordinary shares Nordana Pty Ltd <Super Fund A/C> 0 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 |
|
Proxy Voting: |
10. Name of the proxy holder: |
|
11. Number of voting rights proxy holder will cease
to hold: |
|
12. Date on which proxy holder will cease to hold
voting rights: |
|
|
13. Additional information:
|
|
14. Contact name: |
Centamin plc |
15. Contact telephone number: |
+44 (0) 1534 828708 |
| |
|
|