Centamin PLC: Director Disposal of Shares

/EINPresswire.com/ -- PERTH, AUSTRALIA -- (Marketwired) -- 06/13/16 -- Centamin PLC (LSE: CEY) (TSX: CEE)

                    For immediate release                                           13 June 2016

Centamin plc ("Centamin" or the "Company")
(LSE:CEY, TSX:CEE)

Director Disposal of Shares

Centamin announces the following disposal of ordinary shares in the Company pursuant to DTR 3.1.2R:

Mr Josef El-Raghy, Chairman of the Company, disposed of 5,000,000 ordinary shares in the Company between 8 June 2016 and 10 June 2016 at an average price of £ 1.11 per share. The notification relates to Nordana Pty Ltd, a fund connected to Mr Josef El-Raghy. The transactions occurred on the London Stock Exchange.

Following these transactions, Mr Josef El-Raghy's holdings and those of his connected persons in the share capital of the Company are as follows:

                    Registered Holder                                 Number of ordinary shares
                    Nordana Pty Ltd < Super Fund A/C >                0
                    El-Raghy Kriewaldt Pty Ltd                        52,549,372
                    S & M El-Raghy < The El-Raghy Family Account >    350,000
                    Montana Realty Pty Ltd < Super Fund A/C >         950,000

The total number of fully paid ordinary shares in which Josef El-Raghy and his connected persons have a beneficial interest is 53,849,372 representing 4.67% of the issued ordinary share capital of the Company. This announcement contains the information required under DTR 5.1.2.

For more information please contact:

                    Centamin plc                                  Buchanan
                    Josef El-Raghy, Chairman                      Bobby Morse
                    Andy Davidson, Head of Investor Relations     + 44 (0) 20 7466 5000
                    (andy.davidson@centamin.je)
                    +44 (0) 1534 828708

Contact:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com

Distribution channels: Mining Industry

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