CEY Centamin Plc

RNS Number:0937X
Centamin Egypt Limited
23 May 2007

                                                                  


                             Centamin Egypt Limited


                   Cessation of the UK Branch Share Register


Investors in Centamin Egypt Limited ("Centamin" or the "Company") will be aware
of the recent re-structuring that the Company has undertaken; namely the
Canadian listing. This now sees Centamin listed in Australia, trading on the
Australian Stock Exchange (ASX), in the UK, trading on the AIM Market of the
London Stock Exchange (AIM), and in Canada, trading on the Toronto Stock
Exchange (TSX).

In addition, and to support the multi listings, Centamin have appointed the
Computershare Group to manage the share registers in Australia, the UK and
Canada.

Centamin are now looking to offer UK investors the ability to trade Centamin
stock free of UK stamp duty. However, in order to achieve this it is a legal
requirement that there is no UK branch register in existence. The Company has
therefore taken the decision to close the UK branch share register. This
decision has been taken for the benefit of all investors as the Company believes
that it will improve interest in the security and subsequently share
performance. Centamin's shares will continue to trade on AIM and to be available
to be held in uncertificated form in the UK in the form of depositary interests
(DIs) within CREST (the UK's electronic settlement system).

The branch register will cease on the close of business Friday, 06 July 2007.
Investors wishing to continue to hold their stock in the UK in uncertificated
form will need to make arrangements with a CREST participant to convert their
shares into DIs and hold their DIs representing their stock on their behalf.
Arrangements can be made through the investor's bank or stock broker, and a full
list of CREST participants is available on the CREST website www.crestco.co.uk.

Holders who do not make arrangements to transfer their stock in uncertificated
form to a CREST participant will have their holding transferred to the
Australian share register in certificated form and will be issued an Australian
share statement of entitlement from Computershare by Friday, 13 July 2007.

Subsequently, UK holders issued with an Australian statement of entitlement will
have to find a UK broker willing to trade in Australian stocks in certificated
form. Centamin therefore recommends that for ease of trading investors make use
of the "DI" facility to facilitate trading in uncertificated form through CREST
prior to Friday, 06 July 2007. Should holders miss this deadline, they will
still able to transfer their holdings into DIs so that they can be held and
traded in uncertificated form in CREST. They will need to contact any
Computershare branch and they will help them through the process.

All of Centamin's shareholders will have the ability to communicate with a
Computershare office of their choice. A full list of the Computershare offices
is available on the Computershare website, www.computershare.com. The contact
telephone numbers for Computershare in the UK, Australia and Canada are as
follows:-


   United Kingdom  + 44 (0) 870 889 3268
   Australia       1300 557 010 (within Australia) or + 61 3 9415 4000 (outside Australia)
   Canada          1 800 564 6253 (within North America) or + 514 982 7555


23 May 2007


For more information please contact:

Centamin Egypt Limited
Ph: + 61 (8) 9316 2640
Josef El-Raghy
www.centamin.com

Bishopsgate Communications Ltd
+ 44 (0) 20 7562 3350
Maxine Barnes / Nick Rome
www.bishopsgatecommunications.com

Evolution Securities
+ 44 (0) 20 7071 4300
Frank Moxon / Simon Leathers
www.evosecurities.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCOKNKBDBKDQPB

Centamin (LSE:CEY)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024

Centamin (LSE:CEY)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024