REG - Central Asia Metals - Exercise of Options
RNS Number : 2319ACentral Asia Metals PLC20 January 202020 January 2020
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification and Transaction in Own Shares
The Company (AIM:CAML) has been notified that, on 17 January 2020, two of its Directors exercised nominal cost options over ordinary shares of US$0.01 each ('Shares') in the Company at an exercise price of US$0.01 and sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:
Name
Position
Number of options over Shares exercised1
Number of Shares sold
Aggregate price achieved
Total options remaining post exercise2
Share plan
Gavin Ferrar
Chief Financial Officer
300,000
300,000
£2.220378
521,276
The Central Asia Metals Employee Share Plan 2011 (as amended)
Nurlan Zhakupov
Non-Executive Director
40,000
40,000
£2.242500
142,859
The Central Asia Metals Non-Executive Director Share Plan 2012 (as amended)
1 includes accrued dividends
2 before any adjustments for accrued dividends
The exercise of Mr Ferrar's options was satisfied by 300,000 Shares from the Central Asia Metals employee benefit trust.
The exercise of Mr Zhakupov's options was satisfied by 40,000 of the Company's Shares from treasury.
As a result, the Company currently holds 471,647 Shares in treasury. The total number of voting rights in the Company is 176,026,619. 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 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
David McKeown
BMO Capital Markets (Joint Broker)
Tel: +44 (0) 20 7236 1010
Thomas Rider
Neil Elliot
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 100% of the Kounrad SX-EW copper project in central Kazakhstan and 100% of the Sasa zinc-lead mine in North Macedonia.
For further information, please visit: www.centralasiametals.com and https://twitter.com/CamlMetals
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) 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)
300,000
Sale
Price(s)
£2.220378
Volume(s)
300,000
d)
Aggregated information
Aggregated volume Price
See above
e)
Date of the transaction
17 January 2020
f)
Place of the transaction
XLON
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nurlan Zhakupov
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
Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals Non-Executive Director Share Plan 2012 (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)
40,000
Sale
Price(s)
£2.242500
Volume(s)
40,000
d)
Aggregated information
Aggregated volume Price
See above
e)
Date of the transaction
17 January 2020
f)
Place of the transaction
XLON
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