Director/PDMR Share Awards

RNS Number : 4816C

Centamin PLC

17 June 2019

 

FOR IMMEDIATE RELEASE

17 June 2019

Centamin plc 

("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

Director/PDMR Share Awards

Under the recent shareholder approved Remuneration Policy and Performance Share Plan ("PSP"), which aims to align Executive remuneration with that of the shareholders and long-term performance of the Company, a conditional award  of ordinary shares of nil par value were made to the following Directors and Persons Discharging Managerial Responsibility ("PDMR").  

Subject to clear performance conditions, the awards to the following participants will partially or fully vest after three years, on 14 June 2022 and subject to a further two year holding period. In the normal course, the plan participant is required to be an employee of the Company at the time of vesting.

For more details on the PSP, please refer to the Remuneration Report within the 2018 Annual Report and Accounts, available on the Company's website at www.centamin.com. 

Name	Director/PDMR	Number of awards
Andrew Pardey	Director	777,000
Ross Jerrard	Director	617,000
Youssef El-Raghy	PDMR	114,000
Jeremy Langford	PDMR	905,000

In accordance with the requirements of Article 19 of the EU Market Abuse Regulation, the Company makes the below notification and public disclosure of transactions by PDMRs and persons closely associated with them.

This announcement contains ongoing regulated information.

For more information, please visit the website www.centamin.com or contact:

Centamin plc Andrew Pardey, CEO Alexandra Carse, Investor Relations [phone] [e-mail]

Buchanan Bobby Morse Chris Judd + 44 (0) 20 7466 5000 [e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Pardey
2	Reason for the notification
a)	Position/status	Chief Executive Officer / Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Centamin plc
b)	LEI	LEI 213800PDI9G7OUKLPV84
4	Details 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 transaction	Grant of awards under the terms of the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 777,000
d)	Aggregated information - Aggregated volume - Price	777,000 CEY shares Nil
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ross Jerrard
2	Reason for the notification
a)	Position/status	Chief Financial Officer / Director
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Centamin plc
b)	LEI	LEI 213800PDI9G7OUKLPV84
4	Details 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 transaction	Grant of awards under the terms of the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 617,000
d)	Aggregated information - Aggregated volume - Price	617,000 CEY shares Nil
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Jeremy Langford
2	Reason for the notification
a)	Position/status	Chief Operating Officer / PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Centamin plc
b)	LEI	LEI 213800PDI9G7OUKLPV84
4	Details 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 transaction	Grant of awards under the terms of the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 905,000
d)	Aggregated information - Aggregated volume - Price	905,000 CEY shares Nil
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	Outside a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Youssef El-Raghy
2	Reason for the notification
a)	Position/status	General Manager - Egyptian Operations / PDMR
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Centamin plc
b)	LEI	LEI 213800PDI9G7OUKLPV84
4	Details 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 transaction	Grant of awards under the terms of the Company's Performance Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 114,000
d)	Aggregated information - Aggregated volume - Price	114,000 CEY shares Nil
e)	Date of the transaction	2019-06-14
f)	Place of the transaction	Outside a trading venue

 

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