Centamin (GB:CEY) has released an update.
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Centamin PLC has announced the issuance of over 20 million ordinary shares as part of its shareholder-approved incentive plan, contingent upon the acquisition by AngloGold Ashanti proceeding as planned. These shares are expected to be listed and start trading on the London Stock Exchange on November 20, 2024. This move aligns with Centamin’s strategic plans following the court-sanctioned scheme of arrangement.
For further insights into GB:CEY stock, check out TipRanks’ Stock Analysis page.
