Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCentamin PLC Regulatory News (CEY)

Share Price Information for Centamin PLC (CEY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 113.50
Bid: 112.60
Ask: 112.80
Change: 0.50 (0.44%)
Spread: 0.20 (0.178%)
Open: 112.20
High: 113.90
Low: 110.40
Prev. Close: 113.00
CEY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Appointment of CEO

2 Apr 2020 07:00

RNS Number : 5488I
Centamin PLC
02 April 2020
 

2 April 2020

 

 

 

Centamin plc 

("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

 

 

 

Appointment of CEO

 

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.

From 2009 to 2019 Martin was the Co-Founder and CEO of Toro Gold Ltd ("Toro"), where he oversaw the discovery, development and operation of the Mako Gold Mine in Senegal. Toro was acquired by LSE and ASX listed Resolute Mining in August 2019. Prior to founding Toro, Martin was Executive Director of BDI Mining, an AIM listed diamond producer, and from 2000 to 2006 he worked in mining finance at Barclays Capital in London, where his responsibilities included technical appraisal and advisory services across Africa and the Middle East. He also held consulting engineer roles with SRK Ltd and started his career as a mining engineer with Gold Fields of South Africa.

Martin will succeed interim CEO, Ross Jerrard, allowing Ross to focus on his role and responsibilities as Chief Financial Officer. The Board will work closely with Martin to ensure a smooth transition and collectively agree a plan to further strengthen the business and deliver on the opportunities for growth that lie ahead. In line with ongoing organisational restructuring the General Manager of Sukari will report directly to the CEO, with Jeremy Langford resigning from his position as Chief Operating Officer to pursue other interests. The Board would like to thank Jeremy for his contribution and commitment and wishes him well in his future endeavours.

These changes represent further steps in reshaping and strengthening the Company's leadership team, with a balance of core skills and experience best suited to deliver sustainable stakeholder returns.

Josef El-Raghy, Chairman, commented: "Appointing someone of Martin's calibre follows an intensive international search process and will enable Centamin to move forward with confidence. Martin brings not only excellent technical, commercial and financial experience but also strong operational and leadership skills which he demonstrated as CEO at Toro Gold. Combined with his deep knowledge and understanding of gold mining across Africa, we believe that he will make an invaluable contribution to the Company. On behalf of the Board, I would like to thank Ross for his commitment and professionalism in taking on the role as interim CEO. Ross has provided excellent leadership, keeping Centamin focused during challenging circumstances, as we navigated an unsolicited corporate approach and the ongoing coronavirus pandemic."

Martin Horgan, CEO commented on his appointment: "I am excited to be given the opportunity to lead Centamin at this important stage in its development. The Sukari mine is a world class operation that will continue to underpin the future prospects of the Company, while at the same time pursuing the development of the growth options, as we seek to build a multi-asset gold producer. I am very much looking forward to working with the management team and the Board to deliver the full potential of the Company for all our shareholders, stakeholders and partners."

There are no further details that are required to be disclosed in respect of the appointments under LR9.6.13 of the Listing Rules of the Financial Conduct Authority.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014.

 

Enquiries

For further information, please visit the website www.centamin.com or contact:

 

Centamin plc

Alexandra Carse, Investor Relations

alexandra.carse@centamin.je

+44 (0) 7700 713 738

 

Buchanan

Bobby Morse

centamin@buchanan.uk.com

+44 (0) 207 466 5151

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
BOAUUUVRRNUSRRR
Date   Source Headline
9th Sep 20193:14 pmRNSNotification of Major Holdings
2nd Sep 20197:00 amRNSBoard Changes
13th Aug 201911:32 amRNSDirector Declaration
9th Aug 20197:00 amRNSNotification of Major Holding(s)
31st Jul 20197:04 amRNSInterim 2019 Results
18th Jul 20197:00 amRNSQ2 2019 Report
2nd Jul 20198:10 amRNSNotification of Major Holding(s)
17th Jun 201911:23 amRNSDirector/PDMR Share Awards
13th Jun 20197:00 amRNSNotification of Major Holdings
5th Jun 20197:00 amRNSDirector/PDMR Shareholding
31st May 201910:17 amRNSTotal Voting Rights
28th May 201910:28 amRNSOrdinary Share Listing Application
24th Apr 20197:00 amRNSQ1 2019 Results
24th Apr 20197:00 amRNSBoard Committee Changes
17th Apr 20193:33 pmRNSNotification of Major Holding(s)
8th Apr 20191:36 pmRNSResults of the 2019 Annual General Meeting
25th Mar 20194:04 pmRNSAppointment of Non-Executive Director
21st Mar 20197:00 amRNSNOTIFICATION OF MAJOR HOLDINGS
7th Mar 20193:27 pmRNSNotification of Major Holding(s)
7th Mar 201910:00 amRNSNotice of AGM & 2018 ARA
25th Feb 20197:06 amRNSUnaudited FY2018 Results
25th Feb 20197:00 amRNSPayments to Government
15th Feb 20197:00 amRNSSignificant Côte d'Ivoire Resource Increase
13th Feb 20197:00 amRNSSite Visit
22nd Jan 20197:00 amRNSNotification of Full Year 2018 Results
9th Jan 20197:00 amRNSQ4 & Full Year 2018 Preliminary Production Results
2nd Jan 20197:00 amRNSBoard Changes
28th Dec 20187:00 amRNSNotification of Major Holdings
27th Dec 201810:43 amRNSProduction Update
7th Dec 20187:00 amRNSNotification of Major Holdings
1st Nov 20187:00 amRNSQ3 2018 Results
10th Oct 20187:00 amRNSNotification of Major Holdings
8th Oct 20185:12 pmRNSNotification of Major Holdings
5th Oct 20187:00 amRNSQ3 2018 Preliminary Production Results
25th Sep 20184:53 pmRNSNotification of Major Holdings
19th Sep 20188:11 amRNSDirector Declaration
14th Sep 20187:00 amRNSNotification of Major Holding(s)
13th Sep 20187:00 amRNSNotification of Major Holding(s)
4th Sep 20188:12 amRNSSite Visit
22nd Aug 20187:00 amRNSNOTIFICATION OF MAJOR HOLDINGS
21st Aug 20187:00 amRNSTR-1 Notification
14th Aug 20187:00 amRNSAppointment of Non-Executive Director
3rd Aug 20183:42 pmRNSNOTIFICATION OF MAJOR HOLDINGS
2nd Aug 20187:00 amRNSInterim 2018 Results
1st Aug 20183:43 pmRNSHolding(s) in Company
9th Jul 20187:00 amRNSQ2 2018 Preliminary Production Results
28th Jun 201810:15 amRNSRem Policy Update & Director/PDMR Share Awards
15th Jun 20181:00 pmRNSDirector/PDMR Share Purchase
13th Jun 201810:43 amRNSNOTIFICATION OF MAJOR HOLDINGS
11th Jun 20182:22 pmRNSDirector/PDMR Share Purchase

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.