Share Premium Cancellation Effective
Summary by AI BETAClose X
11 May 2026
Central Asia Metals PLC
(the 'Company' or 'CAML')
Share Premium Cancellation Effective
Central Asia Metals PLC (AIM: CAML) announces that at an extraordinary general meeting of the Company held on 30 March 2026, a resolution was passed by shareholders to cancel the share premium account of the Company (the 'Share Premium Cancellation').
To be effective, the Share Premium Cancellation, being a form of capital reduction, required Court approval and the Company is pleased to announce that this has now been obtained and, following the registration of the court order at Companies House, the Share Premium Cancellation is now effective with an effective date of 29 April 2026.
The Share Premium Cancellation has created further distributable reserves to support the Company's ability to make future payments of dividends to its shareholders and undertake potential further share buybacks (in each case should circumstances mean it is appropriate or desirable to do so), as well as other corporate purposes of the Company.
The Share Premium Cancellation will not, of itself, involve any distribution or return of capital to any shareholder and will not reduce the Company's underlying assets. The completion of the Share Premium Cancellation does not affect the rights attaching to the Ordinary Shares and does not result in any change to the number of Ordinary Shares in issue (or their nominal value).
For further information contact:
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Central Asia Metals |
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Tony Hunter |
Tel: +44 (0) 20 7603 1515 |
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Company Secretary |
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Richard Morgan |
Tel: +44 (0) 20 7898 9001 |
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Investor Relations Manager |
richard.morgan@centralasiametals.com |
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Peel Hunt (Nominated Adviser and joint broker) |
Tel: +44 (0) 20 7418 8900 |
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Ross Allister |
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David McKeown |
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Emily Bhasin |
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BMO Capital Markets (joint broker) |
Tel: +44 (0) 20 7236 1010 |
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Thomas Rider |
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Pascal Lussier Duquette |
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BlytheRay (PR advisers) |
Tel: +44 (0) 20 7138 3204 |
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Megan Ray |
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Rachael Brooks |
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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
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