Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Director Disposal of Shares

RNS Number : 0185B
Centamin PLC
13 June 2016
 

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

     

 

 

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

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHEAFKDFDNKEFF


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today