REG - Central Asia Metals - Grant of Options

Central Asia MetalsAnnouncement

03/05/2018 07:30

2018-05-03T06:30:02.179Zreuters.comtag:reuters.com,2018-05-03:newsml_RSC9911Ma:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-03T06:30:02.179Z2018-05-03T06:30:02.179Z____UCDP:parsn_lse_10.54.4.69_1.2.37235:2019-06-03T06:30:02.179Z3RSC9911MaREG - Central Asia Metals  - Grant of OptionsDiversified Mining (TRBC level 5)LEGACY: Basic Materials (TRBC)LEGACY: Mineral Resources (TRBC)LEGACY: Metals & Mining (TRBC)Basic Materials (TRBC level 1)Mineral Resources (TRBC level 2)Metals & Mining (TRBC level 3)Specialty Mining & Metals (TRBC level 4)Western EuropeUnited KingdomEuropeSuggested SourcesNews AnnouncementsRegulatory Corporate News AnnouncementsMiningCompany NewsEurope daily earnings hits & missesCentral Asia Metals PLC








RNS Number : 9911M
Central Asia Metals PLC
03 May 2018
 

3 May 2018
 
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
 
Grant of Options
 
The Company (AIM:CAML) announces that, on 2 May 2018, 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


Annual Options Granted1


Additional Options Granted


Total Options Post Grant2




Nick Clarke


Chairman


147,273


147,273


1,192,123




Nigel Robinson


Chief Executive Officer


97,255


97,255


655,406




Gavin Ferrar


Chief Financial Officer


85,098


85,098


674,535




1 vesting of these awards is subject to the achievement of certain performance conditions
2 before any adjustments for accrued dividends
 
The Options to the Executive Directors have been granted as set out in the Company's 2017 Annual Report, under the Central Asia Metals Employee Share Plan 2011.  These Options will generally vest at the rate of one-third per annum commencing on 31 March 2019. 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 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


Nicholas Clarke




2.


Reason for the Notification




a)


Position/status


  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)
  147,273






  $0.01




    147,273



















d)


Aggregated information
Aggregated volume Price


$0.01



294,546




e)


Date of the transaction


2 May 2018




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 Executive 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)
 97,255






$0.01




   97,255



















d)


Aggregated information
Aggregated volume Price


$0.01



194,510




e)


Date of the transaction


2 May 2018




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


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)
85,098




 

  $0.01




85,098



















d)


Aggregated information
Aggregated volume Price


$0.01
170,196




e)


Date of the transaction


2 May 2018




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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