Grant of Options

RNS Number : 6694A
Central Asia Metals PLC
31 May 2019
 

31 May 2019

 

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

 

Grant of Options

 

Central Asia Metals plc (AIM:CAML) announces that, on 30 May 2019, the following nominal cost options ("Options") over ordinary shares in the Company at a nominal exercise price of $0.01 per share, were granted to Executive Directors of the Company. Each Option is exercisable in return for one ordinary share.

 

Name

Position

Options Granted1

Total Options Post Grant2

Nick Clarke

Chairman

167,710

1,359,833

Nigel Robinson

Chief Executive Officer

234,794

890,200

Gavin Ferrar

Chief Financial Officer

191,189

865,724

1 vesting of these awards is subject to the achievement of certain performance conditions

2 before any adjustments for accrued dividends

 

The Options to the Executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011.  These Options will generally vest on 31 March 2022 subject to the achievement of performance conditions. The Options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.

 

For further information contact:

Central Asia Metals


Tony Hunter, Company Secretary

Tel: +44 (0) 20 7603 1515

Louise Wrathall, Investor Relations

Tel:+44 (0) 20 7898 9001

louise.wrathall@centralasiametals.com



Peel Hunt (Nominated Advisor and Joint Broker)

Tel: +44 (0) 20 7418 8900

Ross Allister


James Bavister


David McKeown




BMO Capital Markets (Joint Broker)

Tel: +44 (0) 20 7236 1010

Jeff Couch


Thomas Rider


Neil Elliot




Blytheweigh (PR Advisors)

Tel: +44 (0) 20 7138 3204

Tim Blythe


Camilla Horsfall


Megan Ray


 

Note to editors:

 

Central Asia Metals, an AIM-listed UK company based in London, owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in North Macedonia. For further information, please visit www.centralasiametals.com.

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nicholas Clarke

2.

Reason for the Notification

a)

Position/status

  Chairman

b)

Initial notification/amendment

  Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Central Asia Metals plc

b)

LEI

213800EYQBJZIT64NH43

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.

c)

Price(s) and volume(s)

Price(s)

  $0.01

Volume(s)

167,710



d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

30 May 2019

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nigel Robinson

2.

Reason for the Notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Central Asia Metals plc

b)

LEI

213800EYQBJZIT64NH43

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.

c)

Price(s) and volume(s)

Price(s)

$0.01

Volume(s)

 234,794



d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

30 May 2019

f)

Place of the transaction

Outside a trading venue

 

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gavin Ferrar

2.

Reason for the Notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Central Asia Metals plc

b)

LEI

213800EYQBJZIT64NH43

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)each place where transactions have been conducted

a)

Description of the Financial instrument, type of instrument

Ordinary shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.

c)

Price(s) and volume(s)

Price(s)

$0.01

Volume(s)

 191,189



d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

 30 May 2019

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 


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