Shares in Centamin Egypt have fallen despite the majority of shareholders agreeing to a corporate restructure of the gold mining firm and its subsidiaries.
A new Jersey incorporated parent company, Centamin plc, will be put in place after the scheme was approved by 99.97% of the total votes cast on the resolution.
The scheme must also be approved by the Supreme Court of Western Australia, which is scheduled to consider the scheme at a court hearing on 20 December 2011.
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The share price fell 4.87% to 88.95p by 14:00.
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