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

Central Asia MetalsAnnouncement

17/06/2022 07:00

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RNS Number : 2195P  Central Asia Metals PLC  17 June 2022

17 June 2022

 

CENTRAL ASIA METALS PLC

('CAML' or the 'Company')

Exercise of Options/PDMR Dealing Notification

The Company (AIM:CAML) was notified on 16 June 2022 that, on the same day, Mr
Gavin Ferrar, its Chief Financial Officer, exercised nominal cost options over
ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price
of US$0.01 per the table below.

The exercise was settled by the Company in cash in accordance with the Rules
of the Central Asia Metals plc Employee Share Plan 2011 (as amended) (the
"Plan"). Under the Plan, the cash settlement price per Share is calculated as
the difference between the average of the middle-market quotations (from the
Daily Official List of the London Stock Exchange) for the preceding five days
and the exercise price of US$0.01, therefore Mr Ferrar's options were
satisfied at a price of £2.5307 per Share.  No actual Shares were acquired
or sold in this process.

 

 Name          Position                 Number of options over Shares exercised(1)

                                                                                    Total options remaining post exercise(2)
 Gavin Ferrar  Chief Financial Officer  226,612                                     395,963

(1) includes accrued dividends

(2) before any adjustments for accrued dividends

 

For further information contact:

 Central Asia Metals
 Tony Hunter, Company Secretary                      Tel: +44 (0) 20 7603 1515
 Louise Wrathall, Director of Corporate Development  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
 Pascal Lussier Duquette

 BlytheRay (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                                                         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 Employee Share Plan 2011 (as amended) cash settled at an
                                                                  exercise price of £ xx  per Share.
 c)  Price(s) and volume(s)                                       Price(s)        Volume(s)

                                                                    £2.5307       226,612
 d)  Aggregated information

     -      Aggregated volume                                     N/A single transaction

     -      Price

 e)  Date of the transaction                                      16/06/2022
 f)  Place of the transaction                                     XLON

 

d)

Aggregated information

 

-      Aggregated volume

 

-      Price

 

 

N/A single transaction

e)

Date of the transaction

16/06/2022

 

f)

Place of the transaction

XLON

 

 

 

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