TIDMCAML

RNS Number : 5615J

Central Asia Metals PLC

22 December 2020

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:

 
                                   Number of                                            Total options 
                                   options over                                         remaining 
                                   Shares           Number of         Aggregate         post 
Name             Position          exercised(1)     Shares sold       price achieved    exercise(2)     Share plan 
Nigel Robinson   Chief Executive   350,000          350,000           GBP2.24112       880,255          The Central 
                 Officer                                                                                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 GBP2.207106 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  Tel:+44 (0) 20 7898 9001 
 Relations                               louise.wrathall@centralasiametals.com 
 
Peel Hunt (Nominated Advisor and Joint  Tel: +44 (0) 20 7418 8900 
 Broker) 
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       Ordinary shares of US$0.01 each 
      instrument, type of instrument 
      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)              Exercise of options 
                                           Price(s)                                        Volume(s) 
                                            US$0.01                                         350,000 
                                           Sale of shares resulting from option exercise 
                                           Price(s)                                        Volume (s) 
                                            GBP2.24112                                      350,000 
                                           Sale of shares held personally 
                                           Price(s)                                        Volume(s) 
                                            GBP2.207106                                     36,800 
d)    Aggregated information             Transaction type                   Aggregated Volume(s)       Price(s) 
 
        *    Aggregated volume 
 
 
 
        *    Price 
   Exercise of options                                                      350,000                    $3,500 
   Sale of shares resulting from option exercise                            350,000                    GBP784,392 
   Sale of shares held personally                                           36,800                     GBP81,221.50 
e)    Date of the transaction            21 December 2020 
f)    Place of the transaction           XLON 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHBXBDDXGDDGGD

(END) Dow Jones Newswires

December 22, 2020 08:05 ET (13:05 GMT)

Central Asia Metals (LSE:CAML)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Central Asia Metals.
Central Asia Metals (LSE:CAML)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Central Asia Metals.