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

 

END

 

 

MSCCKQKPFBKKQFK