Anglo Asian Mining - Grant of Options

Anglo Asian Mining

21/07/2025 07:10

RNS Number : 8315R

Anglo Asian Mining PLC

21 July 2025

 

 

21 July 2025

Anglo Asian Mining plc

Grant of Options

 

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that it has granted options over 100,000 ordinary shares of £0.01 in the capital of the Company to an employee (the "Options"), under Anglo Asian's existing share option scheme.

 

50% of the Options will vest on 20 July 2026 and the remaining 50% on 20 July 2027 and will expire on 20 July 2030. The exercise price of the Options is 166 pence per share.

 

Following the issue, there are 480,000 ordinary shares of £0.01 each in the capital of the Company under option.

 

For further information please contact:

 

Anglo Asian Mining plc
Reza Vaziri, Chief Executive Officer
Tel: +994 12 596 3350
Bill Morgan, Chief Financial Officer
Tel: +994 502 910 400
Stephen Westhead, Vice President
Tel: +994 502 916 894
SP Angel Corporate Finance LLP(Nominated Adviser and Broker)
Ewan Leggat
Adam Cowl
Tel: +44 (0) 20 3470 0470
Hudson Sandler(Financial PR)
Charlie Jack
Harry Griffiths
Kristina Gaysina
Tel: +44 0) 20 7796 4133

Notes to editors

 

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 16,760 gold equivalent ounces ("GEOs") for the year ended 31 December 2024. In the six months to 30 June 2025, the Company produced 16,378 GEOs.

 

The Company's strategic plan for growth shows a clearly defined path for the Company to transition to a multi-asset, mid-tier, copper and gold producer by 2029, by which time copper will be the principal product of the Company, with forecast production of around 50,000 to 55,000 copper equivalent tonnes. It plans to achieve this growth by bringing into production four new mines during the period 2025 to 2029 at Gilar, Zafar, Xarxar and Garadag. The first of these new mines, Gilar, started production in May 2025.

https://www.angloasianmining.com/

 

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

 

 
IOEFIFIRDRILFIE