Centamin PLC: Market Update
24 Aprile 2014 - 8:27AM
Marketwired
Centamin PLC: Market Update
PERTH, AUSTRALIA--(Marketwired - Apr 24, 2014) - Centamin PLC
(LSE: CEY) (TSX: CEE)
For immediate release 24 April 2014
Centamin plc ("Centamin" or "the
Company") (LSE: CEY; TSX: CEE)
Market Update - Concession Agreement
Court Case - New Investment Law
Centamin notes that a new law, numbered 32 of 2014, came into
effect in Egypt yesterday. The Company understands, based on legal
advice, that the new law will restrict the capacity for third
parties to challenge any contractual agreement between the Egyptian
government and an investor. Furthermore, the new law appears to
cover all currently pending lawsuits and challenges.
Centamin continues to discuss with its advisers the process by
which the original claim in relation to the Sukari Concession
Agreement, which was brought by a third party and is subject to an
ongoing court appeal, may be dismissed under the provisions of this
new law.
For more information please contact:
Centamin plc |
Buchanan |
Josef El-Raghy, Chairman |
Bobby Morse |
Andy Davidson, Head of Business Development and |
Gordon Poole |
Investor Relations |
|
(andy.davidson@centamin.je) |
Gabriella Clinkard |
+44 (0) 1534
828708 |
+
44 (0)20 74665000 |
This information is provided by RNS The company news service
from the London Stock Exchange
END
Contacts: RNS Customer Services 0044-207797-4400 Email Contact
http://www.rns.com
Grafico Azioni Centamin (TSX:CEE)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Centamin (TSX:CEE)
Storico
Da Mar 2024 a Mar 2025