CENTAMIN PLC - Acquistion

Modified on Fri, 8 Nov at 10:39 AM

Dear client


The Boards of AngloGold Ashanti and Centamin are pleased to announce that they have agreed the terms of a recommended acquisition of Centamin (the "Transaction"). Centamin is an established gold producer, whose flagship Tier 1 asset is the Sukari gold mine ("Sukari"), which is Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. 

 

Under the terms of the Transaction, Centamin Shareholders will be entitled to receive: 

  for each Centamin Share: 

  • 0.06983 New AngloGold Ashanti Shares; and 
  • $0.125 in cash

The Scheme is expected to become Effective during Q4 2024 

 

Please see attached notification received.  

 

Please be aware we do not have any holders on the platform.

 


Kind regards

 


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