Centamin Plc (GB:CEY) has released an update.
Centamin Plc has reported that 31.29% of its 2021 share awards have vested under the company’s Performance Share Plan, with the shares being held for an additional two years by directors as part of the company’s share ownership guidelines. These guidelines are detailed in the 2023 Remuneration Report, and the vested shares are subject to dividend equivalents. The company has made this disclosure in compliance with the UK Market Abuse Regulation, highlighting the retention of shares by directors to cover tax liabilities associated with the awards.
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