REG - Centamin PLC - DIRECTOR/PDMR SHARE AWARDS

CentaminAnnouncement

08/06/2020 07:00

RNS Number : 1858P
  
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
alexandra.carse@centamin.je 
+44 (0) 7700 713 738


 
Buchanan
Bobby Morse
Chris Judd
Kelsey Traynor
centamin@buchanan.uk.com 
+44 (0) 207 466 5151



 
 


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