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Pin to quick picksCentral Asia Metals Regulatory News (CAML)

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Director Dealing

12 Jan 2021 07:30

RNS Number : 3171L
Central Asia Metals PLC
12 January 2021
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12 January 2021

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CENTRAL ASIA METALS PLC

("CAML" or the "Company")

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Director Dealing

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Central Asia Metals plc (AIM:CAML) was notified on 11 January 2021 of dealings that have taken place in ordinary shares of US$0.01 each of the Company ("Shares") in which Robert Cathery, a Non-Executive Director of the Company has an interest.

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(a) On 6 January 2021, Mr Cathery transferred for nil consideration, 500,000 Shares which had been held by Mr Cathery personally, to Elizabeth Cathery (wife of Mr Cathery), and a Person Closely Associated to Mr Cathery.

(b) On 11 January 2021, each at an average price of Β£2.5007 per Share:

- Mr Cathery sold 325,000 Shares;

- Elizabeth Cathery sold 325,000 Shares; and

- The Cathery Family Trust, a Person Closely Associated to Mr Cathery, sold 100,000 Shares.

Following the above transactions, Mr Cathery's total beneficial interest in the Company's Shares is 1,355,254 Shares, representing approximately 0.77% of the issued share capital of the Company. Of the 1,355,524 Shares, 530,254 are now held in the name of Robert Cathery, 425,000 Shares are held by Elizabeth Cathery and 400,000 are held jointly by him with Elizabeth Cathery in the Cathery Family Trust.

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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

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Note to editors:

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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.

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For further information, please visit www.centralasiametals.comΒ and follow CAML on Twitter at @CamlMetals and on LinkedIn at Central Asia Metals Plc.

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1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Robert Cathery

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

1. transfer of Shares for nil consideration to Elizabeth Cathery (wife of Mr Cathery) a Person Closely Associated with Mr Cathery.

2. sale of Shares held in the name of Robert Cathery.

c)

Price(s) and volume(s)

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Β 

Transfer of shares to Elizabeth Cathery

Price(s)

Nil

Volume(s)

Β 500,000

Sale of Shares held in the name of Robert Cathery

Price(s)

Β£2.5007

Volume(s)

325,000

d)

Aggregated information

Aggregated volume

Price

Transaction type

Aggregated Volume(s)

Price(s)

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Transfer of shares

500,000

nil

Sale of shares

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325,000

Β£812,727.50

e)

Date of the transaction

1. 6 January 2021

2. 11 January 2021

f)

Place of the transaction

1. Outside a trading venue

2. X-LON

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Β 

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1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Elizabeth Cathery

2.

Reason for the Notification

a)

Position/status

The notification concerns a person closely associated with a person discharging managerial responsibilities, being Robert Cathery, 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

1. Acquisition of Shares for nil consideration transferred from Robert Cathery.

2. sale of Shares held in the name of Elizabeth Cathery.

c)

Price(s) and volume(s)

Β 

Β 

Transfer of shares to Elizabeth Cathery

Price(s)

Nil

Volume(s)

Β 500,000

Sale of Shares held in the name of Elizabeth Cathery

Price(s)

Β£2.5007

Volume(s)

325,000

d)

Aggregated information

Aggregated volume

Price

Transaction type

Aggregated Volume(s)

Price(s)

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Transfer of shares

500,000

nil

Sale of shares

Β 

325,000

Β£812,727.50

e)

Date of the transaction

1. 6 January 2021

2. 11 January 2021

f)

Place of the transaction

1. Outside a trading venue

2. X-LON

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Β 

Β 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

The Cathery Family Trust

2.

Reason for the Notification

a)

Position/status

The notification concerns a person closely associated with a person discharging managerial responsibilities, being Robert Cathery, 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

Sale of Shares held in the Cathery Family Trust

c)

Price(s) and volume(s)

Β 

Β 

Price(s)

Β£2.5007

Volume(s)

100,000

d)

Aggregated information

Aggregated volume

Price

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N/A single transaction

e)

Date of the transaction

11 January 2021

f)

Place of the transaction

X-LON

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Β 

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