Centamin PLC Dividend Declaration (6168H)
05 Agosto 2021 - 1:05AM
UK Regulatory
TIDMCEY
RNS Number : 6168H
Centamin PLC
05 August 2021
5 August 2021
Centamin plc
("Centamin" or "the Company")
LSE: CEY / TSX: CEE
2021 Interim dividend declaration
for the six months ended 30 June 2021
Consistent with the Company's commitment to shareholders
returns, the Board is pleased to declare an interim dividend of 4.0
US cents per share (US$46.3 million) for the six months ended 30
June 2021.
Centamin continues to maintain a robust financial strategy, with
available cash and liquid assets of US$312 million as at 30 June
2021 and no debt or hedging on the balance sheet. The Company's
financial discipline provides the flexibility to allocate capital
to shareholders' returns, business investment and growth, and
environmental and social opportunities in pursuance of our
corporate purpose and strategy.
2021 Dividend Intention
Reflecting the Company's confidence in the outlook for the year,
and progress delivering on the reset plans, the Board reiterates
its intention to recommend a total dividend of US$105 million
(interim and final). Therefore, this implies a final dividend of
approximately 5.0 US cents per share (US$58.7 million). The final
dividend will be announced with the 2021 Full Year Results in Q1
2022 and remains subject to Board approval and shareholder
approval.
Dividend Timetable
Below is the final dividend timetable for the London Stock
Exchange and Toronto Stock Exchange
Ex-Dividend Date: 2 September 2021
Record Date: 3 September 2021
Last Date for Currency Elections: 8 September 2021
Payment Date: 30 September 2021
Currency Elections
The dividend will be paid on 30 September 2021, in US Dollars
("USD") with an option for shareholders to elect to receive the
dividend in Pounds Sterling ("GBP"). Currency elections should be
made no later than 8 September 2021 as per the instructions
detailed on the Company website ( www.centamin.com ). Payments in
GBP will be based on the USD/GBP exchange rate on 10 September 2021
and the rate applied will be published on the website
thereafter.
As a Jersey incorporated company, there is no requirement for
Centamin plc to make any withholding or deduction on account of
Jersey tax in respect of the dividend.
FOR MORE INFORMATION
Please visit the website www.centamin.com or contact:
Centamin plc Buchanan
Alexandra Barter-Carse, Corporate Communications Bobby Morse / Kelsey Traynor
+44 (0) 7700 713 738 + 44 (0) 20 7466 5000
investor@centaminplc.com centamin@buchanan.uk.com
ENDNOTES
Dividend Timetable
The dates set out above are based on the Directors' current
expectations and may be subject to change. If any of the dates
should change, the revised dates will be announced by a regulatory
news announcement and will be available at www.centamin.com .
Forward-looking Statements
This announcement (including information incorporated by
reference) contains "forward-looking statements" and
"forward-looking information" under applicable securities laws
(collectively, "forward-looking statements"), including statements
with respect to future financial or operating performance.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "believes",
"expects", "expected", "budgeted", "forecasts" and "anticipates".
Although Centamin believes that the expectations reflected in such
forward-looking statements are reasonable, Centamin can give no
assurance that such expectations will prove to be correct.
Forward-looking statements are prospective in nature and are not
based on historical facts, but rather on current expectations and
projections of the management of Centamin about future events and
are therefore subject to known and unknown risks and uncertainties
which could cause actual results to differ materially from the
future results expressed or implied by the forward-looking
statements. In addition, there are a number of factors that could
cause actual results, performance, achievements or developments to
differ materially from those expressed or implied by such
forward-looking statements; the risks and uncertainties associated
with the ongoing impacts of COVID-19 or other pandemic, general
business, economic, competitive, political and social
uncertainties; the results of exploration activities and
feasibility studies; assumptions in economic evaluations which
prove to be inaccurate; currency fluctuations; changes in project
parameters; future prices of gold and other metals; possible
variations of ore grade or recovery rates; accidents, labour
disputes and other risks of the mining industry; climatic
conditions; political instability; decisions and regulatory changes
enacted by governmental authorities; delays in obtaining approvals
or financing or completing development or construction activities;
and discovery of archaeological ruins. There can be no assurance
that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information or statements, particularly in
light of the current economic climate and the significant
volatility, uncertainty and disruption caused by the outbreak of
COVID-19. Forward-looking statements contained herein are made as
of the date of this announcement and the Company disclaims any
obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise.
Accordingly, readers should not place undue reliance on
forward-looking statements.
LEI: 213800PDI9G7OUKLPV84
Company No: 109180
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DIVDKQBBABKDOFK
(END) Dow Jones Newswires
August 05, 2021 02:05 ET (06:05 GMT)
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