REG - Central Asia Metals - Grant of Options

Central Asia MetalsAnnouncement

17/12/2020 07:30

RNS Number : 9126I
  
Central Asia Metals PLC
  
17 December 2020
  
 

17 December 2020
 
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
 
Grant of Options
 
Central Asia Metals plc (AIM:CAML) announces that, on 16 December 2020, the following nominal cost options ("Options") over ordinary shares in the Company at an 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 Granted1


Total Options Post Grant2




Nigel Robinson


Chief Executive Officer


247,289 


1,137,489




Gavin Ferrar


Chief Financial Officer


203,252 


724,528



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 under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest on 31 March 2023 subject to the achievement of performance conditions. 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




Louise Wrathall, Director of Corporate Relations 


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


















Blytheweigh (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


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)
 247,289


















d)


Aggregated information
Aggregated volume Price


N/A (Single transaction)




e)


Date of the transaction 


16 December 2020




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)
 203,289


















d)


Aggregated information
Aggregated volume Price


N/A (Single transaction)




e)


Date of the transaction 


16 December 2020 




f)


Place of the transaction


Outside a trading venue
 



 
 
 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHBRBDDBBBDGGL