Grant of Options

RNS Number : 9126I
Central Asia Metals PLC
17 December 2020
 

17 December 2020

 

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

 

Grant of Options

 

Central Asia Metals plc (AIM:CAML) announces that, on 16 December 2020, the following nominal cost options ("Options") over ordinary shares in the Company at an 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

Nigel Robinson

Chief Executive Officer

247,289

1,137,489

Gavin Ferrar

Chief Financial Officer

203,252

724,528

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 2023 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, Director of Corporate 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


David McKeown




BMO Capital Markets (Joint Broker)

Tel: +44 (0) 20 7236 1010

Thomas Rider




Blytheweigh (PR Advisors)

Tel: +44 (0) 20 7138 3204

Tim Blythe


Megan Ray


Rachael Brooks


 

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   and follow CAML on Twitter at @CamlMetals and on LinkedIn at Central Asia Metals Plc.

 

 

 

 

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)

 247,289



d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

16 December 2020

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)

 203,289



d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

16 December 2020

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

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