TIDMCAML

RNS Number : 9126I

Central Asia Metals PLC

17 December 2020

17 December 2020

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Grant of Options

Central Asia Metals plc (AIM:CAML) announces that, on 16 December 2020, the following nominal cost options ("Options") over ordinary shares in the Company at an exercise price of $0.01 per share, were granted to Executive Directors of the Company. Each Option is exercisable in return for one ordinary share.

 
 Name              Position           Options Granted(1)    Total Options 
                                                            Post Grant(2) 
                   Chief Executive 
 Nigel Robinson     Officer                      247,289        1,137,489 
                  -----------------  -------------------  --------------- 
                   Chief Financial 
 Gavin Ferrar       Officer                      203,252          724,528 
                  -----------------  -------------------  ---------------

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

(2) before any adjustments for accrued dividends

The Options to the Executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest on 31 March 2023 subject to the achievement of performance conditions. The Options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.

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 instrument, type of          Ordinary shares of US$0.01 each 
     instrument 
     Identification code                                       GB00B67KBV28 
b)   Nature of the Transaction                                 Grant of nominal cost options over ordinary shares in 
                                                               the Company at a nominal exercise price 
                                                               of $0.01 per share. 
c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  $0.01       247,289 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
e)   Date of the transaction                                   16 December 2020 
f)   Place of the transaction                                  Outside a trading venue 
 
 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                                      Gavin Ferrar 
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          Ordinary shares of US$0.01 each 
     instrument 
     Identification code                                       GB00B67KBV28 
b)   Nature of the Transaction                                 Grant of nominal cost options over ordinary shares in 
                                                               the Company at a nominal exercise price 
                                                               of $0.01 per share. 
c)   Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                  $0.01       203,289 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
e)   Date of the transaction                                   16 December 2020 
f)   Place of the transaction                                  Outside a trading venue

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December 17, 2020 02:30 ET (07:30 GMT)

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