REG - Central Asia Metals - Grant of Options <Origin Href="QuoteRef">CAML.L</Origin>

Central Asia MetalsAnnouncement

24/04/2017 07:50

RNS Number : 0458D
Central Asia Metals PLC
24 April 2017
24 April 2017
CENTRAL ASIA METALS PLC
(the "Company")
Grant of Options
The Company (AIM:CAML) announces that, on 21 April 2017, the following nominal cost options ("Options") over ordinary shares in the Company at a nominal exercise price of $0.01 per share, were granted to executive Directors of the Company. Each Option is exercisable in return for one ordinary share.
Name
Position
Options Granted
Total Options Post Grant*
Nick Clarke
Executive Chairman
168,279
897,577
Nigel Robinson
Chief Financial Officer
111,485
460,896
Gavin Ferrar
Business Development Director
221,760
504,339
Nurlan Zhakupov
Non-Executive Director
16,827
166,827
*before any adjustments for accrued dividends
The Options to the executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011; and the options to the Non-Executive Director have been granted under the Central Asia Metals Non-Executive Director Share Plan 2012. These Options will generally vest, subject to the achievement of certain performance conditions, at the rate of one-third per annum commencing on 31 March 2018. The Options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.
For further information:
Central Asia Metals plc
Tony Hunter
Company Secretary
Tel:+44 (0) 207 603 1515


Peel Hunt LLP (Nominated Adviser & Joint Broker)
Tel: +44 (0)20 7418 8900
Matthew Armitt
Ross Allister



Mirabaud Securities LLP (Joint Broker)
Tel: +44 (0)20 7878 3362
Peter Krens



Bell Pottinger
Tel: +44 (0)20 3772 2500
Lorna Cobbett
Aarti Iyer
Marianna Bowes

1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicholas Clarke
2.
Reason for the Notification
a)
Position/status
Executive Chairman
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
Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.
c)
Price(s) and volume(s)
Price(s)
$0.01
Volume(s)
168,279


d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction 
21 April 2017
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nigel Robinson
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
Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.
c)
Price(s) and volume(s)
Price(s)
$0.01
Volume(s)
111,485


d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction 
21 April 2017
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gavin Ferrar
2.
Reason for the Notification
a)
Position/status
Business Development 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
Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.
c)
Price(s) and volume(s)
Price(s)
$0.01
Volume(s)
221,760


d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction 
21 April 2017
f)
Place of the transaction
Outside a trading venue
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
Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.
c)
Price(s) and volume(s)
Price(s)
$0.01
Volume(s)
16,827


d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction 
21 April 2017
f)
Place of the transaction
Outside a trading venue

This information is provided by RNS
The company news service from the London Stock Exchange
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