Grant of Long-Term Share Awards

Central Asia Metals PLC

01 July 2026

 

1 July 2026

Central Asia Metals PLC

(the 'Company' or 'CAML')

Grant of Long-Term Share Awards

Central Asia Metals PLC (AIM:CAML) announces that, on 30 June 2026, the following nominal cost long-term share awards (LTIP Awards) over Ordinary Shares in the Company at an exercise price of $0.01 per share, were granted to Executive Directors of the Company under the Central Asia Metals Long-Term Incentive Plan 2022 (the Plan). Each LTIP Award is exercisable in return for one Ordinary Share.

Name	Position	LTIP Awards Granted1	Total LTIP Awards Post Grant2
Gavin Ferrar	Chief Executive Officer	409,630	1,417,234
Louise Wrathall	Chief Financial Officer	317,389	1,109,554

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

² before any adjustments for accrued dividends

These LTIP Awards will generally vest on 31 March 2029, subject to the achievement of performance conditions aligned with shareholder interests and expectations as set out below, and a subsequent two-year post-vesting holding period which is being applied to LTIP Awards granted to Executive Directors from this year onwards:

-     vesting of 60% of each LTIP Award is based on total shareholder return (TSR) of CAML measured over the three financial years ending 31 December 2028 relative to a group of specific peers (30%) and members of the AIM Basic Resources Index (30%);

-     vesting of 20% of each LTIP Award is based on Group resource replenishment and addition;

-     vesting of 20% of each LTIP Award is based on achievement of CAML's long-term sustainability targets;

The LTIP Awards have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the Plan.

For further information contact:

Central Asia Metals
Tony Hunter	Tel: [phone]
Company Secretary
Richard Morgan	Tel: [phone]
Investor Relations Manager	[e-mail]
Peel Hunt (Nominated Adviser and joint broker)	Tel: [phone]
Ross Allister
David McKeown
Emily Bhasin
BMO Capital Markets (joint broker)	Tel: [phone]
Thomas Rider
Pascal Lussier Duquette
BlytheRay (PR advisers)	Tel: [phone]
Megan Ray	[e-mail]
Rachael Brooks

Note to editors:

Central Asia Metals, an AIM-quoted UK company based in London, owns 100% of the Kounrad SX-EW copper operation in central Kazakhstan and 100% of the Sasa zinc-lead mine in North Macedonia. The Company also owns an 80% interest in CAML Exploration, a subsidiary formed to progress early-stage exploration opportunities in Kazakhstan, and a 32.6% interest in Aberdeen Minerals Ltd, a privately-owned UK company focused on the exploration and development of base metals opportunities in northeast Scotland.

For further information, please visit www.centralasiametals.com and follow CAML on X at @CamlMetals and on LinkedIn at Central Asia Metals Plc

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gavin Ferrar
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 long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.
c)	Price(s) and volume(s)	Price(s) $0.01 Volume(s) 409,630
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	30/06/2026
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Louise Wrathall
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 long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.
c)	Price(s) and volume(s)	Price(s) $0.01 Volume(s) 317,389
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	30/06/2026
f)	Place of the transaction	Outside a trading venue

 

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