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Central Asia Metals (CAML)

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Wednesday 09 May, 2012

Central Asia Metals

Grant of Options

RNS Number : 9324C
Central Asia Metals PLC
09 May 2012
 



 

 

9 May 2012

 

CENTRAL ASIA METALS PLC

(the "Company")

 

Grant of Options

 

The Company (AIM:CAML) announces that, on 8 May 2012, the following nominal cost options ("Options") at a nominal exercise price of $0.01 per share over ordinary shares in the Company, were granted to Directors of the Company. Each option is exercisable in return for one ordinary share.

 

Name

Position

Options Granted

Total Options Post Grant

Nick Clarke

Chief Executive Officer

219,298

436,689

Nigel Robinson

Chief Financial Officer

164,473

352,878

Howard Nicholson

Technical Director

164,473

352,878

Nurlan Zhakupov

Non-Executive Director

100,000

100,000

 

These Options, which have been granted under the Company's share schemes, will generally vest at the rate of one-third per annum subject, in the cases of the executive Directors, to the satisfaction of certain performance conditions. The options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the rules of the Company's share schemes.

 

For further information:

 

Central Asia Metals PLC                                                                  Tel: +44 (0) 20 7603 1515

Company Secretary                                                                                       

Tony Hunter   

                       

Canaccord Genuity Limited                Andrew Chubb                        Tel: +44 (0)20 7253 8000
                                                           
Rob Collins

 

Mirabaud Securities LLP                     Peter Krens                             Tel: +44 (0)20 7878 3362

 

Pelham Bell Pottinger                         Charles Vivian                         Tel: +44 (0)20 7861 3232
                                                            Lorna Spears


This information is provided by RNS
The company news service from the London Stock Exchange
 
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