Anglo Asian Mining - Grant of Options
RNS Number : 6116NAnglo Asian Mining PLC23 July 202623 July 2026
Grant of Options
Anglo Asian Mining PLC ("Anglo Asian", the "Company" or the "Group"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that it has granted options over 150,000 new ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") to Cameron Pforr, Non-Executive Director of Anglo Asian ("Options"). The exercise price of the Options is 412.50 pence per Option, with 50% vesting on 21 July 2027 and 50% vesting on 21 July 2028.
The grant of Options has been made under the Company's existing share option scheme.
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
Amir Vaziri, Chief Business Development Officer
Tel: +1 (301) 332 9938
Peel Hunt LLP (Broker)
Ross Allister
David McKeown
Emily Bhasin
Tel: +44 (0) 20 7418 8900
SP Angel Corporate Finance LLP (Nominated Adviser)
Ewan Leggat
Adam Cowl
Tel: +44 (0) 20 3470 0470
Hudson Sandler (Financial PR)
Charlie Jack
Harry Griffiths
Tel: +44 (0) 20 7796 4133
**ENDS**
Notes to editors:
Anglo Asian Mining plc (AIM:AAZ) is a copper and gold producer with a high-quality portfolio of production and exploration assets in Azerbaijan. The Company produced 7,915 tonnes of copper and 25,061 ounces of gold for the year ended 31 December 2025.
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 2030, by which time copper will be the principal product of the Company, with forecast annual production of around 50,000 to 55,000 tonnes of copper. It plans to achieve this growth by bringing into production three new mines during the period 2027 to 2030 at Xarxar, Garadag and Zafar, in addition to the newly opened Gilar and Demirli mines. Production commenced at the Gilar mine in May 2025 and Demirli in July 2025. https://www.angloasianmining.com/
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name:
Cameron Pforr
2.
Reason for the notification
a)
Position/status:
Non-Executive Director
b)
Initial notification/Amendment:
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name:
Anglo Asian Mining plc
b)
LEI:
213800F9JM669WH34359
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:
Identification code:
Ordinary shares of 1 pence each
GB00B0C18177
b)
Nature of the transaction:
Grant of share options
c)
Price(s) and volume(s):
Price(s)
Volume(s)
412.50p
150,000
d)
Aggregated information:
N/A
e)
Date of the transaction:
2026-07-22
f)
Place of the transaction:
Off-market
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