Long Term Incentive Programme

Asiamet Resources Limited

09 September 2026

 

9 September 2026

Asiamet Resources Limited

("Asiamet" or the "Company")

Long Term Incentive Programme

Further to the Company's announcement of 6 October 2025, the Board notes that completion of the Transaction constitutes an automatic vesting event in respect of the Company's Tranche 1 Performance Rights under its Long Term Incentive Programme ("LTIP"), as a result of the change of control of KSK. Accordingly, 79,849,067 Tranche 1 Performance Rights will convert into 79,849,067 new Common Shares.

The vesting of Tranche 1 of the LTIP shall result in the following issue of new Common Shares to Directors and PDMRs:

Director/PDMR	Position	Number of new Common Shares issued	Resulting number of Common Shares held
Tony Manini	Executive Chairman	20,474,120	97,090,143
Darryn McClelland*	Chief Executive Officer	30,711,179	74,852,395

* - Pursuant to an agreement entered into between Peter Chambers and Darryn McClelland, Peter Chambers transferred to Darryn McClelland all rights and benefits in respect of his LTI interests.

Further information is included in the PDMR dealing notifications below.

Admission and total voting rights

Application will be made to the London Stock Exchange plc for the 79,849,067 new Common Shares to be admitted to trading on AIM, which is expected to occur at 8.00 a.m. on or around 14 September 2026 ("Admission").

On Admission, the Company's issued common share capital will comprise 3,473,665,429 Common Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Chairman

For further information, please contact:

Tony Manini
Chairman, Asiamet Resources Limited
Email: [e-mail]

Investor Enquiries

Sasha Sethi

Telephone: [phone]

Email: [e-mail] / [e-mail]

Nominated & Financial Adviser
Strand Hanson Limited

James Spinney / James Dance / Rob Patrick

Telephone: [phone]

Email: [e-mail]

Broker

Shore Capital
Toby Gibbs / George Payne

Telephone: [phone]

Follow us on twitter @AsiametTweets

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

FORWARD-LOOKING STATEMENTS

This announcement contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements.   Such factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; and fluctuations in metal prices.  There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.  Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and persons closely associated with them ("PCA")

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tony Manini
2	Reason for the notification
a)	Position/status	Chair
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Asiamet Resources Limited
b)	LEI	213800PWJMT1NG28TA88
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	Common Shares of US$0.01 each
	Identification code	BM04521V1038
b)	Nature of the transactions	Automatic conversion of performance rights into new Common Shares under the Company's LTIP
c)	Price(s) and volume(s)
			Price	US$0.01
			Volume	20,474,120
d)	Aggregated information
	- Aggregated volume	N/A, single transaction
	- Price
e)	Date of the transaction	9 September 2026
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Darryn McClelland
2	Reason for the notification
a)	Position/status	CEO (PDMR)
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Asiamet Resources Limited
b)	LEI	213800PWJMT1NG28TA88
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	Common Shares of US$0.01 each
	Identification code	BM04521V1038
b)	Nature of the transactions	Automatic conversion of performance rights into new Common Shares under the Company's LTIP
c)	Price(s) and volume(s)
			Price	US$0.01
			Volume	30,711,179
d)	Aggregated information
	- Aggregated volume	N/A, single transaction
	- Price
e)	Date of the transaction	9 September 2026
f)	Place of the transaction	Outside of a trading venue

 

END