Centamin PLC Announces Additional Listing
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Centamin PLC has announced an additional listing of 20,334,280 ordinary shares as part of its acquisition by AngloGold Ashanti. This is contingent on the court-sanctioned scheme of arrangement under Jersey Companies Law.
November 18, 2024 | 7:15 am
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Centamin PLC is issuing 20,334,280 new shares as part of its acquisition by AngloGold Ashanti, pending court approval.
The issuance of new shares is a direct result of the acquisition by AngloGold Ashanti. This could lead to a positive short-term impact on Centamin's stock price as the acquisition progresses, assuming the court approves the scheme.
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