14 Jun 2018 11:11
14 June 2018
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Exercise of Options/PDMR Dealing Notification
The Company (AIM:CAML) has been notified that, on 13 June 2018, Mr Gavin Ferrar, Chief Financial Officer of the Company, exercised 100,000 options under the Central Asia Metals plc Employee Share Plan 2011 (as amended) over ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price of US$0.01 per Share. On the same day, Mr Ferrar sold the resulting Shares at an average price of 277.0369p per Share, in part to settle the tax liabilities arising on exercise.
The exercise of these options will be satisfied by the transfer of Shares from the Employee Benefit Trust.
For further information contact:
Central Asia Metals | |
Tony Hunter, Company Secretary | Tel: +44 (0) 20 7603 1515 |
Peel Hunt (Nominated Advisor and Joint Broker) | Tel: +44 (0) 20 7418 8900 |
Ross Allister | |
James Bavister | |
Mirabaud Securities (Joint Broker) | Tel: +44 (0) 20 3167 7221 |
Peter Krens | |
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 the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in Macedonia. The Company also owns 80% of the Shuak copper exploration property in northern Kazakhstan. For further information, please visit www.centralasiametals.com.
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 | Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals plc Employee Share Plan 2011 (as amended) at a nominal exercise price of $0.01 per Share and sale of the resulting Shares. | ||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price |
See above | ||||||||||
e) | Date of the transaction | 13 June 2018 | ||||||||||
f) | Place of the transaction | XLON
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Central Asia Metals (CAML)