DIRECTOR/PDMR SHARE AWARDS

RNS Number : 1857P

Centamin PLC

08 June 2020

 

FOR IMMEDIATE RELEASE

8 June 2020

Centamin plc

("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

Director/PDMR Share Awards

Under the 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 5 June 2023 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.

Centamin also notes that Mr Youssef El-Raghy (a PDMR but not a Director of the Company) accepted share awards granted to him in the Company pursuant to the Company's Deferred Bonus Share Plan (the "DBSP") on 5 June 2020.

For more details on the PSP, please refer to the Remuneration Report within the 2019 Annual Report and Accounts, available on the Company's website at  www.centamin.com . 

Table. 2020 Share Awards

Name	Director/PDMR	Number of Awards
Martin Horgan	Director	590,000 PSP Awards
Ross Jerrard	Director	390,000 PSP Awards
Youssef El-Raghy	PDMR	110,000 PSP Awards
		60,000 DBSP Awards

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.

ENQUIRIES

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

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

Buchanan Bobby Morse Chris Judd Kelsey Traynor [e-mail] [phone]

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

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	Martin Horgan
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 590,000
d)	Aggregated information - Aggregated volume - Price	590,000 CEY shares Nil
e)	Date of the transaction	2020-06-05
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 390,000
d)	Aggregated information - Aggregated volume - Price	390,000 CEY shares Nil
e)	Date of the transaction	2020-06-05
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 110,000
d)	Aggregated information - Aggregated volume - Price	110,000 CEY shares Nil
e)	Date of the transaction	2020-06-05
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 Deferred Bonus Share Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 60,000
d)	Aggregated information - Aggregated volume - Price	60,000 CEY shares Nil
e)	Date of the transaction	2020-06-05
f)	Place of the transaction	Outside a trading venue

 

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