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Last checked at 
9 May 2012 07:00
9 May 2012
CENTRAL ASIA METALS PLC
(the "Company")
Grant of Options
The Company (AIM:CAML) announces that, on 8 May 2012, the following nominal cost options ("Options") at a nominal exercise price of $0.01 per share over ordinary shares in the Company, were granted to Directors of the Company. Each option is exercisable in return for one ordinary share.
Name | Position | Options Granted | Total Options Post Grant |
Nick Clarke | Chief Executive Officer | 219,298 | 436,689 |
Nigel Robinson | Chief Financial Officer | 164,473 | 352,878 |
Howard Nicholson | Technical Director | 164,473 | 352,878 |
Nurlan Zhakupov | Non-Executive Director | 100,000 | 100,000 |
These Options, which have been granted under the Company's share schemes, will generally vest at the rate of one-third per annum subject, in the cases of the executive Directors, to the satisfaction of certain performance conditions. The options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the rules of the Company's share schemes.
For further information:
Central Asia Metals PLC Tel: +44 (0) 20 7603 1515
Company Secretary
Tony Hunter
Canaccord Genuity Limited Andrew Chubb Tel: +44 (0)20 7253 8000 Rob Collins
Mirabaud Securities LLP Peter Krens Tel: +44 (0)20 7878 3362
Pelham Bell Pottinger Charles Vivian Tel: +44 (0)20 7861 3232 Lorna Spears
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