INTENTION TO MOVE TO OFFICIAL

RNS Number : 8233W
Centamin Egypt Limited
04 August 2009
 









Immediate Release                                                                                                            04 August 2009


Centamin Egypt Limited ('Centamin' or 'the Company') 

(TSX:CEE, ASX:CNT, AIM:CEY)



INTENTION TO MOVE TO OFFICIAL LIST


Centamin announces that it intends to apply for admission of its ordinary share capital to the Official List of the UK Listing Authority (the 'Official List') and to trading on the London Stock Exchange's Main Market for listed securities. Work has commenced on the listing process and it is anticipated that this work and a move to the main board of the LSE as a primary listing will be concluded before year end. 


The Board of Centamin believes that the Company has now reached a size and stage of maturity at which the Official List will be the most appropriate platform for future growth. The Directors believe that the move will result in the Company benefiting from an increased potential investor base, a higher profile and an increase in the liquidity of its shares. 


Investec Investment Banking, a division of Investec Bank plc, has been appointed as sponsor in relation to the move to the Official List and as joint financial adviser to the Company. Ambrian Partners Limited is acting as joint financial adviser and UK broker to the Company.



For Centamin Egypt Limited

Josef El-Raghy

Managing Director/CEO

04 August 2009




For more information please contact:


Centamin Egypt Limited

+ 61 (8) 9316 2640

Josef El-Raghy 

www.centamin.com

Buchanan Communications Limited

+ 44 (0) 207 7466 5000

Bobby Morse

Ben Willey

Ambrian Partners Limited

+ 44 (0) 207 7634 4700

Richard Brown

Richard Greenfield

Investec Investment Banking

+ 44 (0)207 597 4000

Gerard Kisbey-Green



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