Last checked at 24 Apr 2017 07:30
24 April 2017
CENTRAL ASIA METALS PLC
(the "Company")
Grant of Options
The Company (AIM:CAML) announces that, on 21 April 2017, 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 Granted | Total Options Post Grant* |
Nick Clarke | Executive Chairman | 168,279 | 897,577 |
Nigel Robinson | Chief Financial Officer | 111,485 | 460,896 |
Gavin Ferrar | Business Development Director | 221,760 | 504,339 |
Nurlan Zhakupov | Non-Executive Director | 16,827 | 166,827 |
*before any adjustments for accrued dividends
The Options to the executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011; and the options to the Non-Executive Director have been granted under the Central Asia Metals Non-Executive Director Share Plan 2012. These Options will generally vest, subject to the achievement of certain performance conditions, at the rate of one-third per annum commencing on 31 March 2018. 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:
Central Asia Metals plc Tony Hunter Company Secretary
| Tel: +44 (0) 207 603 1515 |
Peel Hunt LLP (Nominated Adviser & Joint Broker) | Tel: +44 (0) 20 7418 8900 |
Matthew Armitt Ross Allister | |
Mirabaud Securities LLP (Joint Broker) | Tel: +44 (0) 20 7878 3362 |
Peter Krens | |
Bell Pottinger | Tel: +44 (0) 20 3772 2500 |
Lorna Cobbett Aarti Iyer Marianna Bowes |
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nicholas Clarke | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Executive 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 | 21 April 2017 | ||||
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 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 | 21 April 2017 | ||||
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 | Business Development 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 | 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 | 21 April 2017 | ||||
f) | Place of the transaction | Outside a trading venue
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Nurlan Zhakupov | ||||
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 | 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 | 21 April 2017 | ||||
f) | Place of the transaction | Outside a trading venue
| ||||