Central Asia Metals PLC Grant of Options (0458D)

TIDMCAML

RNS Number : 0458D

Central Asia Metals PLC

24 April 2017

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   Total Options 
                                               Granted     Post Grant* 
-----------------  ------------------------  ---------  -------------- 
 Nick Clarke        Executive Chairman         168,279         897,577 
-----------------  ------------------------  ---------  -------------- 
                    Chief Financial 
 Nigel Robinson      Officer                   111,485         460,896 
-----------------  ------------------------  ---------  -------------- 
                    Business Development 
 Gavin Ferrar        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:

 
                                          Tel: [phone] 
                                                          1515 
 
Central Asia Metals plc 
 Tony Hunter 
 Company Secretary 
Peel Hunt LLP (Nominated Adviser & Joint  Tel: [phone] 
 Broker)                                                  8900 
Matthew Armitt 
 Ross Allister 
 
                                          Tel: [phone] 
Mirabaud Securities LLP (Joint Broker)                    3362 
Peter Krens 
 
                                          Tel: [phone] 
Bell Pottinger                                            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          Ordinary shares of US$0.01 each 
     instrument 
     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)                                     Price(s)   Volume(s) 
                                                                  $0.01      168,279 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
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          Ordinary shares of US$0.01 each 
     instrument 
     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)                                     Price(s)   Volume(s) 
                                                                  $0.01      111,485 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
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          Ordinary shares of US$0.01 each 
     instrument 
     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)                                     Price(s)   Volume(s) 
                                                                  $0.01      221,760 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
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          Ordinary shares of US$0.01 each 
     instrument 
     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)                                     Price(s)   Volume(s) 
                                                                  $0.01      16,827 
d)   Aggregated information                                    N/A (Single transaction) 
      Aggregated volume Price 
e)   Date of the transaction                                   21 April 2017 
f)   Place of the transaction                                  Outside a trading venue 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 24, 2017 02:30 ET (06:30 GMT)