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Centamin

Investors

Dividend Information

Dividend Policy

The Company’s dividend policy sets a minimum payout level relative to cash flow while considering the financial condition of, and outlook for, the Company. When determining the amount to be paid the Board will take into consideration the underlying profitability of the Company and significant known or expected funding commitments. Specifically, the Board will aim to approve an annual dividend of at least 30% of the Company’s net cash flow after sustaining capital costs and following the payment of Profit Share due to the Government of Egypt.

2016 Final Dividend

The Directors proposed a final dividend of 13.5 US cents per share on Centamin plc ordinary shares (totalling approximately US$155.5 million) for a full year total of 15.5 US cents per share for a totally pay-out of US$178 million. The final dividend for 2016 will be paid to shareholders on 31 March 2017, subject to shareholder approval at the AGM to be held in Jersey on 21 March 2017. The dividend will be paid to shareholders on the register on the Record Date of 3 March 2017.

The key dates with respect to the dividend are as follows:

London Stock Exchange (T+2)

EX-DIV DATE: 2 March 2017

RECORD DATE: 3 March 2017

LAST DATE FOR RECEIPT OF CURRENCY ELECTIONS: 10 March 2017

PAY DATE: 31 March 2017

Toronto Stock Exchange (T+3)

EX-DIV DATE: 1 March 2017

RECORD DATE: 3 March 2017

PAY DATE: 31 March 2017

The dates set out above are based on the Directors' current expectations and may be subject to change. If any of the dates should change, the revised dates will be announced by press release and will be available at www.centamin.com

As a Jersey incorporated company, there is no requirement for Centamin plc to make any withholding or deduction on account of Jersey tax in respect of the dividend. 

Shareholders who wish to elect to receive sterling dividends can mandate payments directly to their UK bank or building society by visiting the Investor Centre website at www.investorcentre.co.uk/je or by completing the dividend mandate form which is available at www.centamin.com and posting it back to the registrars in accordance with the instructions set out in the form. The registrars retain the mandates previously provided by shareholders and will apply the instructions for this and future dividends.

Our registrars have also arranged a global payment service allowing payment directly to your designated account, please visit www.investorcentre.co.uk/je or www.centamin.com for details. The currency election mandate will be applicable for shareholders with a UK bank account.  The global payment service is a service provided by the registrars for shareholders registered on the LSE and transfer charges may apply.

The last date for shareholder currency elections and dividend mandates to be received by the Company will be 10 March 2017.  The currency conversion rate for those electing to receive Sterling will be based on the foreign currency exchange rates on 10 March 2017. The rate applied will be published on the Company’s website on 13 March 2017.

For those shareholders electing to receive a sterling dividend, the USD quoted exchange rate of 1.2167 will be applied by the Company when issuing sterling.

2016 Interim Dividend

The Directors declared an interim dividend of 2 US cents per share on Centamin plc ordinary shares (totalling approximately US$23 million) on 10 August 2016.

The interim dividend for the half-year period ending 30 June 2016 will be paid on 7 October 2016 to shareholders on the register on the Record Date of 9 September 2016.

The key dates with respect to the dividend are as follows:

London Stock Exchange (T+2)

EX-DIV DATE: 8 September 2016

RECORD DATE: 9 September 2016

LAST DATE FOR RECEIPT OF CURRENCY ELECTIONS: 16 September 2016

PAY DATE: 7 October 2016

Toronto Stock Exchange (T+3)

EX-DIV DATE: 7 September 2016

RECORD DATE: 9 September 2016

PAY DATE: 7 October 2016

The dates set out above are based on the Directors' current expectations and may be subject to change. If any of the dates should change, the revised dates will be announced by press release and will be available at www.centamin.com

As a Jersey incorporated company, there is no requirement for Centamin plc to make any withholding or deduction on account of Jersey tax in respect of the dividend.

Shareholders who wish to elect to receive sterling dividends can mandate payments directly to their UK bank or building society by visiting the Investor Centre website at www.investorcentre.co.uk/je or by completing the dividend mandate form which is available at www.centamin.com and posting it back to the registrars in accordance with the instructions set out in the form. The registrars retain the mandates previously provided by shareholders and will apply the instructions for this and future dividends.

Our registrars have also arranged a global payment service allowing payment directly to your designated account, please visit www.investorcentre.co.uk/je or www.centamin.com for details. The currency election mandate will be applicable for shareholders with a UK bank account. The global payment service is a service provided by the registrars for shareholders registered on the LSE and transfer charges may apply.

The last date for shareholder currency elections and dividend mandates to be received by the Company will be 16 September 2016.  The currency conversion rate for those electing to receive Sterling will be based on the foreign currency exchange rates on 16 September 2016. The rate applied will be published on the Company’s website on 19 September 2016.

For those shareholders electing to receive a sterling dividend, the USD quoted exchange rate of 1.3079 will be applied by the Company when issuing sterling.

GBP Election Form - UK Bank account holders registered on the LSE

Global Payment Service Information Sheet - Non UK Bank account holders registered on the LSE

Historic dividend information:

2015 Interim and Final Dividends

2014 Interim and Final Dividends