RNS Number : 9911M
Central Asia Metals PLC 03 May 2018
3 May 2018
CENTRAL ASIA METALS PLC ("CAML" or the "Company")
Grant of Options
The Company (AIM:CAML) announces that, on 2 May 2018, 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 | Annual Options Granted1 | Additional Options Granted | Total Options Post Grant2 |
Nick Clarke | Chairman | 147,273 | 147,273 | 1,192,123 |
Nigel Robinson | Chief Executive Officer | 97,255 | 97,255 | 655,406 |
Gavin Ferrar | Chief Financial Officer | 85,098 | 85,098 | 674,535 |
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 as set out in the Company's 2017 Annual Report, under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest at the rate of one-third per annum commencing on 31 March 2019. 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
Peel Hunt (Nominated Advisor and Joint Tel: +44 (0) 20 7418 8900 Broker)
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 visitwww.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
b) LEICentral Asia Metals plc 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 eachIdentification 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)
Price(s)
Volume(s)
$0.01 147,273
$0.01 147,273
d) Aggregated information
Aggregated volume Price
$0.01 294,546
e) Date of the transaction
2 May 2018
f) Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities / person closely associated
a)
2.
a)
b)
Name | Nigel Robinson |
Reason for the Notification | |
Position/status | Chief Executive Officer |
Initial notification/amendment | Initial notification |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
b) LEICentral Asia Metals plc 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 eachIdentification 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)
Price(s)
Volume(s)
$0.01 97,255
$0.01 97,255
d) Aggregated information
Aggregated volume Price
$0.01 194,510
e) Date of the transaction
2 May 2018
f)Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)Name
2.
Reason for the Notification
a) Position/status
b) Initial notification/amendment
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name
b) LEI
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
Identification code
b) Nature of the Transaction
c) Price(s) and volume(s)
d) Aggregated information
Aggregated volume Price
e) Date of the transaction
f) Place of the transaction
ENDDSHEXLBBVEFEBBF
Gavin FerrarChief Financial Officer
Initial notificationCentral Asia Metals plc 213800EYQBJZIT64NH43
Ordinary shares of US$0.01 eachGB00B67KBV28
Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.
Price(s)
Volume(s)
$0.01 85,098
$0.01 85,098
$0.01 170,196
2 May 2018
Outside a trading venue
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Central Asia Metals plc published this content on 03 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 May 2018 06:39:01 UTC