REG - Asiamet Res Ltd - 2021 Directors Fees
25/07/2022 14:15
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RNS Number : 6514T Asiamet Resources Limited 25 July 2022
25 July
2022
2021 Directors Fees
Asiamet Resources Limited ("ARS" or the "Company") notes that pursuant to
their letters of engagement, each of the Non-Executive Directors ("Directors")
of the Company and the Chairman are eligible to receive director's fees. The
Chairman and Directors have elected to receive these fees in the form of
shares in the Company for the period 1 January 2021 to 31 December 2021 in
lieu of cash.
The share price to be used for the calculation is a 10-day VWAP over the 10
trading days immediately following publication of the Company's Annual
Accounts as released on 4 May 2022, or if the Company is in a close period at
that time, for the 10 trading days immediately following the end of that close
period. In this case the share price used based on the above formula was 2.08
pence per share following the release of the Company's Annual Accounts.
The award of shares in the Company to directors for director's fees for the
2021 year is set out below:
Tony Manini 1,353,413 Shares
Dominic Heaton 1,353,413 Shares
Faldi Ismail 1,353,413 Shares
Peter Pollard 1,353,413 Shares
Bruce Sheng 1,353,413 shares
Eva Armila 1,353,413 shares
In addition to the abovementioned share issue, a further 5,297,999 performance
rights will be granted in the form of shares in the Company to certain
employees for their contribution to the Company during 2021. This includes
an amount of 1,324,086 shares allocated to Tony Manini for his role as Chief
Executive Officer for the period.
Following the issue of the above shares, the shareholdings of the directors
(including direct and indirect holdings) will be as follows:
Director Holding of Common Shares Percentage of Share Capital Following Admission
Tony Manini 51,833,996 2.65%
Dominic Heaton 10,309,700 0.53%
Faldi Ismail 18,112,391 0.93%
Peter Pollard 5,368,770 0.27%
Bruce Sheng 123,149,003 6.29%
Eva Armila 1,353,413 0.07%
Application has been made for the 13,418,477 shares ("New Common Shares") to
be admitted to trading on AIM ("Admission"). It is expected that Admission
to AIM will become effective and dealings in the New Common Shares will
commence on or around 3 August 2022. The New Common Shares will rank pari
passu in all respects with the existing common shares in the Company.
The total number of common shares outstanding after completion of the issue of
the New Common Shares will increase from 1,943,217,628 to 1,956,636,105
shares. This represents the total number of voting rights in the Company and
may be used by shareholders as the denominator for the calculations by which
they can determine if they are required to notify their interest in, or a
change to their interest in the Company under the Financial Conduct
Authority's Disclosure and Transparency Rules.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
For further information, please contact:
-Ends-
Tony Manini
Executive Chairman, Asiamet Resources Limited
Email: tony.manini@ (mailto:tony.manini@asiametresources.com) asiametresources
(mailto:tony.manini@asiametresources.com) .com
(mailto:tony.manini@asiametresources.com)
Investor Enquiries
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com (mailto:Sasha@flowcomms.com) /
info@asiametresources.com
Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Bhavesh Patel / Stephen Allen
Telephone: +44 (0)20 3440 6800
Email: Bhavesh.Patel@rfcambrian.com (mailto:Bhavesh.Patel@rfcambrian.com) /
Stephen.Allen@rfcambrian.com (mailto:Oliver.Morse@rfcambrian.com)
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
(mailto:Christian.Dennis@optivasecurities.com)
Follow us on twitter @AsiametTweets
This announcement contains inside information as stipulated under the Market
Abuse Regulations (EU) no. 596/2014 ("MAR").
PDMR Notification Forms
The notifications below are made in accordance with the requirements of MAR.
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Tony Manini
2. Reason for the notification
a. Position/status Director & Executive Chairman
b. Initial notification/Amendment Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 2,677,499
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Dominic Heaton
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 Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Faldi Ismail
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 Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Peter Pollard
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 Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Bruce Sheng
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 Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Eva Armila
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 Asiamet Resources Limited
b. LEI 213800PWJMT1NG28TA88
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 Common Shares of US$0.01 each
code
BM04521V1038
b. Nature of the transaction Issuance of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
d. Aggregated information
· Aggregated volume n/a single transaction
· Price
e. Date of the transaction 3 August 2022
f. Place of the transaction London Stock Exchange
d.
Aggregated information
· Aggregated volume
· Price
n/a single transaction
e.
Date of the transaction
3 August 2022
f.
Place of the transaction
London Stock Exchange
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