Exercise of Options/PDMR Dealing Notification
22 December 2020
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification
The Company (AIM:CAML) has today been notified that, on 21 December 2020, Mr Nigel Robinson, Chief Executive Officer of the Company:
(a) exercised nominal cost options over ordinary shares of US$0.01 each ('Shares') in the Company at an exercise price of US$0.01 and on the same day, sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:
|
Name |
Position |
Number of options over Shares exercised1 |
Number of Shares sold |
Aggregate price achieved |
Total options remaining post exercise2 |
Share plan |
|
Nigel Robinson |
Chief Executive Officer |
350,000 |
350,000 |
£2.24112 |
880,255 |
The Central Asia Metals Employee Share Plan 2011 (as amended) |
1 includes accrued dividends
2 before any adjustments for accrued dividends
The exercise of Mr Robinson's options was satisfied by 350,000 Shares from the Central Asia Metals employee benefit trust.
(b) sold 36,800 Shares at a price of £2.207106 per Share. Following this transaction, which represents 0.021% of the issued share capital of the Company (excluding shares held in treasury), Mr Robinson holds 646,715 Shares, representing 0.367% of the issued share capital of the Company (excluding shares held in treasury). These Shares are jointly owned with the Central Asia Metals employee benefit trust under a joint share ownership plan. These share awards were made prior to the 2010 IPO and vested upon its successful completion.
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 |
1. Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals Employee Share Plan 2011 (as amended) at a nominal exercise price of $0.01 per Share, and 2. Sale of the resulting Shares. 3. Sale of shares held personally in the Company. |
|
||||||||||||||||
|
c) |
Price(s) and volume(s) |
|
|
||||||||||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price |
Transaction type |
Aggregated Volume(s) |
Price(s)
|
|
||||||||||||||
|
Exercise of options |
350,000 |
$3,500 |
|
||||||||||||||||
|
Sale of shares resulting from option exercise |
350,000 |
£784,392 |
|
||||||||||||||||
|
Sale of shares held personally |
36,800 |
£81,221.50 |
|
||||||||||||||||
|
e) |
Date of the transaction |
21 December 2020 |
|
||||||||||||||||
|
f) |
Place of the transaction |
XLON
|
|
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