REG - Central Asia Metals - Director Dealing
RNS Number : 3171LCentral Asia Metals PLC12 January 202112 January 2021
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Director Dealing
Central Asia Metals plc (AIM:CAML) was notified on 11 January 2021 of dealings that have taken place in ordinary shares of US$0.01 each of the Company ("Shares") in which Robert Cathery, a Non-Executive Director of the Company has an interest.
(a) On 6 January 2021, Mr Cathery transferred for nil consideration, 500,000 Shares which had been held by Mr Cathery personally, to Elizabeth Cathery (wife of Mr Cathery), and a Person Closely Associated to Mr Cathery.
(b) On 11 January 2021, each at an average price of £2.5007 per Share:
- Mr Cathery sold 325,000 Shares;
- Elizabeth Cathery sold 325,000 Shares; and
- The Cathery Family Trust, a Person Closely Associated to Mr Cathery, sold 100,000 Shares.
Following the above transactions, Mr Cathery's total beneficial interest in the Company's Shares is 1,355,254 Shares, representing approximately 0.77% of the issued share capital of the Company. Of the 1,355,524 Shares, 530,254 are now held in the name of Robert Cathery, 425,000 Shares are held by Elizabeth Cathery and 400,000 are held jointly by him with Elizabeth Cathery in the Cathery Family Trust.
For further information contact:
Central Asia Metals
Tony Hunter, Company Secretary
Tel: +44 (0) 20 7603 1515
Louise Wrathall, Director of Corporate Relations
Tel:+44 (0) 20 7898 9001
louise.wrathall@centralasiametals.com
Peel Hunt (Nominated Advisor and Joint Broker)
Tel: +44 (0) 20 7418 8900
Ross Allister
David McKeown
BMO Capital Markets (Joint Broker)
Tel: +44 (0) 20 7236 1010
Thomas Rider
Blytheweigh (PR Advisors)
Tel: +44 (0) 20 7138 3204
Tim Blythe
Megan Ray
Rachael Brooks
Note to editors:
Central Asia Metals, an AIM-listed UK company based in London, owns 100% of the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in North Macedonia.
For further information, please visit www.centralasiametals.com and follow CAML on Twitter at @CamlMetals and on LinkedIn at Central Asia Metals Plc.
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Robert Cathery
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
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
1. transfer of Shares for nil consideration to Elizabeth Cathery (wife of Mr Cathery) a Person Closely Associated with Mr Cathery.
2. sale of Shares held in the name of Robert Cathery.
c)
Price(s) and volume(s)
Transfer of shares to Elizabeth Cathery
Price(s)
Nil
Volume(s)
500,000
Sale of Shares held in the name of Robert Cathery
Price(s)
£2.5007
Volume(s)
325,000
d)
Aggregated information
Aggregated volume
Price
Transaction type
Aggregated Volume(s)
Price(s)
Transfer of shares
500,000
nil
Sale of shares
325,000
£812,727.50
e)
Date of the transaction
1. 6 January 2021
2. 11 January 2021
f)
Place of the transaction
1. Outside a trading venue
2. X-LON
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Elizabeth Cathery
2.
Reason for the Notification
a)
Position/status
The notification concerns a person closely associated with a person discharging managerial responsibilities, being Robert Cathery, 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
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
1. Acquisition of Shares for nil consideration transferred from Robert Cathery.
2. sale of Shares held in the name of Elizabeth Cathery.
c)
Price(s) and volume(s)
Transfer of shares to Elizabeth Cathery
Price(s)
Nil
Volume(s)
500,000
Sale of Shares held in the name of Elizabeth Cathery
Price(s)
£2.5007
Volume(s)
325,000
d)
Aggregated information
Aggregated volume
Price
Transaction type
Aggregated Volume(s)
Price(s)
Transfer of shares
500,000
nil
Sale of shares
325,000
£812,727.50
e)
Date of the transaction
1. 6 January 2021
2. 11 January 2021
f)
Place of the transaction
1. Outside a trading venue
2. X-LON
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
The Cathery Family Trust
2.
Reason for the Notification
a)
Position/status
The notification concerns a person closely associated with a person discharging managerial responsibilities, being Robert Cathery, 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
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
Sale of Shares held in the Cathery Family Trust
c)
Price(s) and volume(s)
Price(s)
£2.5007
Volume(s)
100,000
d)
Aggregated information
Aggregated volume
Price
N/A single transaction
e)
Date of the transaction
11 January 2021
f)
Place of the transaction
X-LON
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