Central Asia Metals - Grant of Long-Term Share Awards

Central Asia Metals

01/07/2026 07:30

RNS Number : 4644K
  
Central Asia Metals PLC
  
01 July 2026
  
 



1 July 2026
Central Asia Metals PLC
(the 'Company' or 'CAML')
Grant of Long-Term Share Awards
Central Asia Metals PLC (AIM:CAML) announces that, on 30 June 2026, the following nominal cost long-term share awards (LTIP Awards) over Ordinary Shares in the Company at an exercise price of $0.01 per share, were granted to Executive Directors of the Company under the Central Asia Metals Long-Term Incentive Plan 2022 (the Plan). Each LTIP Award is exercisable in return for one Ordinary Share.
 




Name


Position


LTIP Awards Granted1


Total LTIP Awards Post Grant2




Gavin Ferrar


Chief Executive Officer


409,630


1,417,234




Louise Wrathall


Chief Financial Officer


317,389


1,109,554




1 vesting of these awards is subject to the achievement of certain performance conditions
2 before any adjustments for accrued dividends
 
These LTIP Awards will generally vest on 31 March 2029, subject to the achievement of performance conditions aligned with shareholder interests and expectations as set out below, and a subsequent two-year post-vesting holding period which is being applied to LTIP Awards granted to Executive Directors from this year onwards:
 
-     vesting of 60% of each LTIP Award is based on total shareholder return (TSR) of CAML measured over the three financial years ending 31 December 2028 relative to a group of specific peers (30%) and members of the AIM Basic Resources Index (30%);
-     vesting of 20% of each LTIP Award is based on Group resource replenishment and addition;
-     vesting of 20% of each LTIP Award is based on achievement of CAML's long-term sustainability targets;
The LTIP Awards have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the Plan.
For further information contact:




Central Asia Metals


 




Tony Hunter


Tel: +44 (0) 20 7603 1515




Company Secretary








Richard Morgan


Tel: +44 (0) 20 7898 9001




Investor Relations Manager


richard.morgan@centralasiametals.com




Peel Hunt (Nominated Adviser and joint broker)


Tel: +44 (0) 20 7418 8900




Ross Allister


 




David McKeown


 




Emily Bhasin


 




BMO Capital Markets (joint broker)


Tel: +44 (0) 20 7236 1010




Thomas Rider


 




Pascal Lussier Duquette


 




BlytheRay (PR advisers)


Tel: +44 (0) 20 7138 3204




Megan Ray






CentralAsiaMetals@BlytheRay.com









Rachael Brooks


 




Note to editors:
Central Asia Metals, an AIM-quoted UK company based in London, owns 100% of the Kounrad SX-EW copper operation in central Kazakhstan and 100% of the Sasa zinc-lead mine in North Macedonia. The Company also owns an 80% interest in CAML Exploration, a subsidiary formed to progress early-stage exploration opportunities in Kazakhstan, and a 32.6% interest in Aberdeen Minerals Ltd, a privately-owned UK company focused on the exploration and development of base metals opportunities in northeast Scotland.
For further information, please visit www.centralasiametals.com and follow CAML on X at @CamlMetals and on LinkedIn at Central Asia Metals Plc




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Gavin Ferrar




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 instrument


Ordinary Shares of US$0.01 each




Identification code


GB00B67KBV28




b)


Nature of the Transaction


Grant of nominal cost long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.




c)


Price(s) and volume(s)






Price(s)
$0.01


Volume(s)
409,630



















d)


Aggregated information
Aggregated volume Price


N/A (Single transaction)




e)


Date of the transaction


30/06/2026




f)


Place of the transaction


Outside a trading venue
 




 




1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Louise Wrathall




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 instrument


Ordinary Shares of US$0.01 each




Identification code


GB00B67KBV28




b)


Nature of the Transaction


Grant of nominal cost long-term share awards over Ordinary Shares in the Company at an exercise price of $0.01 per share.




c)


Price(s) and volume(s)






Price(s)
$0.01


Volume(s)
317,389



















d)


Aggregated information
Aggregated volume Price


N/A (Single transaction)




e)


Date of the transaction


30/06/2026




f)


Place of the transaction


Outside a trading venue
 




 
 





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