Mr. Michael Stoner reports
CENTAMIN PLC ANNOUNCES ADDITIONAL LISTING
Under the terms of Centamin PLC's shareholder-approved incentive plans, shares are required to be issued in the ordinary course of business, to satisfy awards that are due to vest to participants in 2024.
The company will issue 2.65 million ordinary shares of no par value 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 a.m. British time on April 4, 2024.
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 1,161,082,695 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 2023 annual report and accounts which is available on the company's website.
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