REG - Central Asia Metals - Exercise of Options and Transaction in Own Shares <Origin Href="QuoteRef">CAML.L</Origin>

Central Asia MetalsAnnouncement

06/09/2014 18:27

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RNS Number : 6718M
Central Asia Metals PLC
17 July 2014 
 
17 July 2014 
 
CENTRAL ASIA METALS PLC 
 
("CAML" or the "Company") 
 
Exercise of Share Options by a Director and Transaction in Own Shares 
 
Central Asia Metals plc (AIM: CAML), has been notified by Nigel Robinson,
Chief Financial Officer of the Company, that he has today exercised options
over269,737 ordinary shares of US$0.01 each ("Shares") in the Company at an
exercise price of US$0.01 per Share and that he has today sold the resulting
269,737 Shares at an average price of 160.11 pence per Share, in part to
settle the tax liabilities arising on exercise. 
 
Following these transactions, Mr Robinson has an interest in a total of
646,715 Ordinary Shares jointly owned with the Employee Benefit Trust,
representing approximately 0.6 per cent of the issued share capital of the
Company. 
 
The Company has transferred 269,737 of its Shares from treasury for the
purpose of satisfying the foregoing exercise of share options. 
 
As a result, the Company currently holds 770,473 Shares in treasury. The total
number of voting rights in the Company is 106,867,212. This figure may be used
by shareholders as the denominator for the calculations by which they
determine if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's Disclosure
and Transparency Rules. 
 
For further information please contact: 
 
 Central Asia Metals plcTony HunterCompany Secretary  Tel: +44 (0) 207 603 1515  
                                                      
                                                      
 Peel Hunt LLP (Nominated Adviser & Joint Broker)     Tel: +44 (0) 20 7418 8900  
 Matthew ArmittRoss Allister                                                     
                                                                                 
 Mirabaud Securities LLP (Joint Broker)               Tel: +44 (0) 20 7878 3362  
 Peter Krens                                                                     
                                                                                 
 Bell Pottinger                                       Tel: +44 (0) 20 7861 3232  
 Mark AntelmeLorna Cobbett                                                       
 
 
This information is provided by RNS
The company news service from the London Stock Exchange