REG - Central Asia Metals - Exercise of Options/PDMR Dealing Notification

Central Asia MetalsAnnouncement

14/06/2018 11:15

RNS Number : 4160R
Central Asia Metals PLC
14 June 2018
 


                 
 
14 June 2018
 
 
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
 
Exercise of Options/PDMR Dealing Notification
 
The Company (AIM:CAML) has been notified that, on 13 June 2018, Mr Gavin Ferrar, Chief Financial Officer of the Company, exercised 100,000 options under the Central Asia Metals plc Employee Share Plan 2011 (as amended) over ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price of US$0.01 per Share. On the same day, Mr Ferrar sold the resulting Shares at an average price of 277.0369p per Share, in part to settle the tax liabilities arising on exercise.
 
The exercise of these options will be satisfied by the transfer of Shares from the Employee Benefit Trust.
 
 
For further information contact:
 



Central Asia Metals








Tony Hunter, Company Secretary


Tel: +44 (0) 20 7603 1515














Peel Hunt (Nominated Advisor and Joint Broker)


Tel: +44 (0) 20 7418 8900




Ross Allister








James Bavister


















Mirabaud Securities (Joint Broker)


Tel: +44 (0) 20 3167 7221




Peter Krens


















Blytheweigh (PR Advisors)


Tel: +44 (0) 20 7138 3204




Tim Blythe








Camilla Horsfall








Megan Ray







 
Note to editors:
 
Central Asia Metals, an AIM-listed UK company based in London, owns the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in Macedonia. The Company also owns 80% of the Shuak copper exploration property in northern Kazakhstan. For further information, please visit www.centralasiametals.com.
 
 
 
 
 
 



1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Gavin Ferrar




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


Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals plc Employee Share Plan 2011 (as amended) at a nominal exercise price of $0.01 per Share and sale of the resulting Shares.




c)


Price(s) and volume(s)





Exercise








Price(s)
  US$0.01


Volume(s)
  100,000




Sale








Price(s)
277.0369p


Volume(s)
100,000


















d)


Aggregated information
Aggregated volume Price


 
See above




e)


Date of the transaction


13 June 2018




f)


Place of the transaction


XLON
 



 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHBGGDLGBBBGIS