TIDMCEY

RNS Number : 2991H

Centamin PLC

06 June 2017

 
 For immediate release   06 June 2017 
 

Centamin plc ("Centamin" or the "Company")

(LSE:CEY, TSX:CEE)

PDMR Dealing Notice

The Company announces that it has been notified of the following transactions by persons discharging managerial responsibility ("PDMRs") who have accepted conditional awards granted to them pursuant to the terms of the Company's restricted share plan (the "RSP"). Centamin also notes that certain of the PDMRs disposed of a proportion of their shareholding to cover their respective tax liabilities following the vesting of awards under the Deferred Bonus Share Plan ("DBSP"):

 
 Name (position)     Opening       RSP awards   Disposal     Total          Balance       Percentage 
                      balance(1)    granted      of Shares    holding        of shares     interest 
                                    on 4 June    on 5         of unvested    held inc. 
                                    2017         June         RSP awards     unvested 
                                                 2017                        RSP awards 
                                                                             (1) 
------------------  ------------  -----------  -----------  -------------  ------------  ----------- 
 Andrew 
  Pardey 
  (Director, 
  CEO)               2,692,601     440,000      33,333       2,030,000      3,099,268     0.27% 
------------------  ------------  -----------  -----------  -------------  ------------  ----------- 
 Ross Jerrard 
  (CFO)              875,000       420,000      N/A          1,295,000      1,295,000     0.11% 
------------------  ------------  -----------  -----------  -------------  ------------  ----------- 
 Youssef 
  El-Raghy 
  (GM Operations)    869,530       72,000       12,777       412,000        928,753       0.08% 
------------------  ------------  -----------  -----------  -------------  ------------  ----------- 
 

(1) Includes unvested awards held under the Company's share plans.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

For more information please contact:

 
 Centamin plc                            Buchanan 
  Andrew Pardey, CEO                      Bobby Morse 
  Jonathan Stephens, Chief Development    + 44 (0) 20 7466 
  Officer                                 5000 
  info@centamin.com 
  +44 (0) 1534 828700 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                                   Andrew Pardey 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                                        Director / 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            Ordinary shares 
       Identification code                                                    ISIN JE00B5TT1872 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction                                              Grant of conditional awards under 
                                                                              the terms of the Centamin plc restricted 
                                                                              share plan. 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                                                  Price(s)    Volume(s) 
      Price reflects the deemed market value per award and volume reflects    ----------  ---------- 
      the total CEY awards                                                     GBP1.67     440,000 
      granted.                                                                ----------  ---------- 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 d)   Aggregated information -   Aggregated volume                            n/a (single transaction) 
           ------------------ 
        -   Price 
           ------------------ 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 e)   Date of the transaction                                                2017-06-04 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 f)   Place of the transaction                                               N/A - outside a trading venue 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
---  ---------------------------------------------------------------------------------------------- 
 a)   Name                                                          Andrew Pardey 
---  ------------------------------------------------------------  -------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Director / 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   Ordinary shares 
       Identification code                                           ISIN JE00B5TT1872 
---  ------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transaction                                     Disposal of Centamin plc shares 
---  ------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                     ----------  ---------- 
                                                                      GBP1.68     33,333 
                                                                     ----------  ---------- 
---  ------------------------------------------------------------  -------------------------------- 
 d)   Aggregated information -   Aggregated volume                   n/a (single transaction) 
           ------------------ 
        -   Price 
           ------------------ 
---  ------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                       2017-06-05 
---  ------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange 
---  ------------------------------------------------------------  -------------------------------- 
 
 
 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 / 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                    Ordinary shares 
       Identification code                                                            ISIN JE00B5TT1872 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 b)   Nature of the transaction                                                      Grant of conditional awards under 
                                                                                      the terms of the Centamin plc 
                                                                                      restricted share plan. 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)                                                          Price(s)    Volume(s) 
      Price reflects the deemed market value per award and volume reflects the        ----------  ---------- 
      total CEY share awards                                                           GBP1.67     420,000 
      granted.                                                                        ----------  ---------- 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 d)   Aggregated information -   Aggregated volume                                    n/a (single transaction) 
           ------------------ 
        -   Price 
           ------------------ 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 e)   Date of the transaction                                                        2017-06-04 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 f)   Place of the transaction                                                       N/A - outside a trading venue 
---  -----------------------------------------------------------------------------  ---------------------------------- 
 
 
 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 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            Ordinary shares 
       Identification code                                                    ISIN JE00B5TT1872 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction                                              Grant of conditional awards under 
                                                                              the terms of the Centamin plc restricted 
                                                                              share plan. 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                                                  Price(s)    Volume(s) 
      Price reflects the deemed market value per award and volume reflects    ----------  ---------- 
      the total CEY awards                                                     GBP1.67     72,000 
      granted.                                                                ----------  ---------- 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 d)   Aggregated information -   Aggregated volume                            n/a (single transaction) 
           ------------------ 
        -   Price 
           ------------------ 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 e)   Date of the transaction                                                2017-06-04 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 f)   Place of the transaction                                               N/A - outside a trading venue 
---  ---------------------------------------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
---  ------------------------------------------------------------------------------------------------ 
 a)   Name                                                          Youssef El-Raghy 
---  ------------------------------------------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------------------------------ 
 a)   Position/status                                               PDMR / General Manager Operations 
---  ------------------------------------------------------------  ---------------------------------- 
 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   Ordinary shares 
       Identification code                                           ISIN JE00B5TT1872 
---  ------------------------------------------------------------  ---------------------------------- 
 b)   Nature of the transaction                                     Disposal of Centamin plc shares 
---  ------------------------------------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                     ----------  ---------- 
                                                                      GBP1.68     12,777 
                                                                     ----------  ---------- 
---  ------------------------------------------------------------  ---------------------------------- 
 d)   Aggregated information -   Aggregated volume                   n/a (single transaction) 
           ------------------ 
        -   Price 
           ------------------ 
---  ------------------------------------------------------------  ---------------------------------- 
 e)   Date of the transaction                                       2017-06-05 
---  ------------------------------------------------------------  ---------------------------------- 
 f)   Place of the transaction                                      London Stock Exchange 
---  ------------------------------------------------------------  ---------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFFMMTMBAMBLR

(END) Dow Jones Newswires

June 06, 2017 07:15 ET (11:15 GMT)

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