REG - Anglo Asian Mining - Grant of Options

Anglo Asian MiningAnnouncement

21/07/2025 07:10

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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)  Tel: +44 (0) 20 3470 0470

 Ewan Leggat

 Adam Cowl

 Hudson Sandler (Financial PR)                                  Tel: +44 0) 20 7796 4133

 Charlie Jack

 Harry Griffiths

 Kristina Gaysina

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/ (https://www.angloasianmining.com/)

 

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