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31 May 2019 07:30
31 May 2019
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Grant of Options
Central Asia Metals plc (AIM:CAML) announces that, on 30 May 2019, 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 Granted1 | Total Options Post Grant2 |
Nick Clarke | Chairman | 167,710 | 1,359,833 |
Nigel Robinson | Chief Executive Officer | 234,794 | 890,200 |
Gavin Ferrar | Chief Financial Officer | 191,189 | 865,724 |
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 2022 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, Investor 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 | |
James Bavister | |
David McKeown | |
BMO Capital Markets (Joint Broker) | Tel: +44 (0) 20 7236 1010 |
Jeff Couch | |
Thomas Rider | |
Neil Elliot | |
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 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.
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) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 30 May 2019 | ||||
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) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 30 May 2019 | ||||
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) |
| ||||
d) | Aggregated information Aggregated volume Price | N/A (Single transaction) | ||||
e) | Date of the transaction | 30 May 2019 | ||||
f) | Place of the transaction | Outside a trading venue
| ||||
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