|Bid||2.2900 x 0|
|Ask||2.3400 x 0|
|Day's Range||2.2600 - 2.3300|
|52 Week Range||1.3900 - 2.6600|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||50.65|
|Forward Dividend & Yield||0.13 (6.09%)|
|Ex-Dividend Date||May 20, 2020|
|1y Target Est||2.13|
PERTH, AUSTRALIA / ACCESSWIRE / April 6, 2020 / Centamin PLC. TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in ...
Donation towards Egypt's COVID-19 Relief Efforts PERTH, AUSTRALIA / ACCESSWIRE / April 6, 2020 / Centamin PLC. ("Centamin" or "the Company") (LSE:CEY)(TSX:CEE). Centamin, operator of ...
PERTH, AUSTRALIA / ACCESSWIRE / April 2, 2020 / Centamin announces the appointment of Martin Horgan as Chief Executive Officer ("CEO") and Director of the Company, effective 6 April 2020. Martin is a qualified mining engineer with 25-years' experience in multiple areas of the mining industry. In his career he has shown a strong strategic and operating acumen as well as demonstrating a longstanding commitment to environmental and social responsibility within mining, which is central to Centamin's decision-making and corporate strategy.
PERTH, AUSTRALIA / ACCESSWIRE / March 25, 2020 / Centamin plc ("Centamin" or "the Company") (LSE:CEY)(TSX:CEE) FCA Results Guidance and COVID-19 Update Financial Conduct Authority ("FCA") ...
West Africa-focused gold miner Endeavour Mining is not looking for other potential acquisitions after its failed offer for Centamin , CEO Sebastien de Montessus said on Wednesday. Endeavour abandoned its 1.5 billion pound ($1.9 billion) pursuit of Centamin in January, citing a lack of information on the company, while Centamin said the offer was too low. De Montessus said talks with Centamin had gone completely cold and the process was finished.
PERTH, AUSTRALIA / ACCESSWIRE / February 4, 2020 / TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word ...
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION ...
·Following a comprehensive and reciprocal due diligence process, the Board has unanimously concluded that the possible offer from Endeavour Mining Corporation ("Endeavour") materially undervalued Centamin and its prospects. The Board notes that Endeavour has withdrawn its possible offer.
Endeavour Mining abandoned its 1.5 billion pound pursuit of gold miner Centamin on Tuesday, citing a lack of information on its target while Centamin maintained the proposal was too low. London-listed Centamin, which operates one mine in Egypt, rebuffed Endeavour's all-stock takeover proposal in December, saying it did not offer enough value to Centamin shareholders. Since then, Britain's takeover panel allowed Endeavour, which owns four West African mines, more time to make a firm offer following an extended due diligence process when information would be shared.
Centamin will release its detailed Quarterly Report for the three months ended 31 December 2019 ("Q4") on January 30, 2020. The Company will host a conference call and webcast at 08.30 GMT on the same day.
PERTH, AUSTRALIA / ACCESSWIRE / December 23, 2019 / Centamin (CEE.TO) (CEY.L) today provides the following update in relation to the unsolicited conditional proposal from Endeavour regarding a potential all share combination (the "Possible Offer"). On 3 December 2019, Endeavour announced a Possible Offer for Centamin. In accordance with Rule 2.6(c) of the City Code on Takeovers and Mergers (the "Code"), the announcement of the Possible Offer initiated a deadline of 31 December 2019 (the "PUSU Deadline") for Endeavour to either announce a firm intention to make an offer for Centamin under Rule 2.7 of the Code or announce that it does not intend to make an offer for Centamin.
Endeavour on Thursday said it had insufficient time before the current "put up or shut up" deadline of Dec. 31 to study Centamin's assets and urged the company to ask a British takeover panel for an extension to Jan. 31, 2020. Endeavour said it would only proceed if it can complete due diligence, including technical analysis and site visits. VanEck is the third- and second-biggest shareholder of Endeavour and Centamin, respectively, according to Refinitiv.
Under English takeover law, Canada's Endeavour has until the end of December to make a firm offer for Centamin's assets. Centamin, which called the Canadian miner's approach an "unsolicited offer", said both firms had agreed on "a reciprocal exchange of due diligence information" but Endeavour now said it would not provide information unless the deadline was extended. The London-listed miner said in a statement on the merger plans that it was "disappointed that despite its efforts at constructive engagement, Endeavour has repeatedly refused to engage in a proper manner".
PERTH, AUSTRALIA / ACCESSWIRE / December 18, 2019 / Centamin today provides an update in relation to the unsolicited conditional proposal from Endeavour regarding a potential all share combination (the "Proposal"). Since it was approached by Endeavour in November, Centamin has repeatedly made clear to Endeavour that it is willing to facilitate a reciprocal exchange of due diligence information in order to better assess the value to shareholders of the potential combination. To allow that exchange of information to take place, Centamin proposed that a non-disclosure agreement ("NDA") be executed.
Gold miners Endeavour and Centamin have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher. Canada's Endeavour, whose business is focused on West Africa, is seeking to gain control of Centamin assets including the Sukari mine and Cleopatra project in Egypt, as well as exploration projects in West Africa. Centamin at the start of this month rejected a 1.47 billion pound ($1.89 billion) all-stock takeover proposal from Endeavour, saying it did not offer enough value to Centamin shareholders.
PERTH, AUSTRALIA / ACCESSWIRE / December 13, 2019 / Centamin is pleased to announce the following changes to the Board, representing a further step in reshaping and strengthening the Company's leadership team, with a balance of core skills, experience and diversity. Following these directorate changes, the Centamin board will comprise of ten members: a non-executive chairman, independent non-executive deputy chairman, an executive director and seven independent non-executive directors. The Company's multi-disciplinary members offer a broad range of skills and experience to the Board, including but not limited to finance, legal, mining technical, capital markets and governmental experience.
The push is aimed at ratcheting up pressure on UK-based Centamin before a month-end deadline by which Endeavour must decide whether to pursue the deal or scrap it entirely. "Our friendly approach, confidential to the board, was refused despite the merit we see in this transaction," Endeavour Chief Executive Officer Sébastien de Montessus told Reuters on Thursday. Centamin said earlier this week the takeover proposal did not offer any benefits for its shareholders.
Egypt said on Wednesday it welcomed Endeavour Mining's bid to takeover Centamin Plc , saying it would encourage foreign investment in the country's mining industry. Centamin rebuffed the 1.47 billion pound ($1.9 billion) all-stock takeover proposal on Tuesday, saying it did not offer enough value to Centamin shareholders. Centamin's assets include Egypt's Sukari mine and Cleopatra project, as well as exploration projects in West Africa.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR ...