Central Asia Metals PLC Director Dealing (3171L)

TIDMCAML

RNS Number : 3171L

Central Asia Metals PLC

12 January 2021

12 January 2021

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Director Dealing

Central Asia Metals plc (AIM:CAML) was notified on 11 January 2021 of dealings that have taken place in ordinary shares of US$0.01 each of the Company ("Shares") in which Robert Cathery, a Non-Executive Director of the Company has an interest.

(a) On 6 January 2021, Mr Cathery transferred for nil consideration, 500,000 Shares which had been held by Mr Cathery personally, to Elizabeth Cathery (wife of Mr Cathery), and a Person Closely Associated to Mr Cathery.

   (b)       On 11 January 2021, each at an average price of GBP2.5007 per Share: 
   -      Mr Cathery sold 325,000 Shares; 
   -      Elizabeth Cathery sold 325,000 Shares; and 
   -      The Cathery Family Trust, a Person Closely Associated to Mr Cathery, sold 100,000 Shares. 

Following the above transactions, Mr Cathery's total beneficial interest in the Company's Shares is 1,355,254 Shares, representing approximately 0.77% of the issued share capital of the Company. Of the 1,355,524 Shares, 530,254 are now held in the name of Robert Cathery, 425,000 Shares are held by Elizabeth Cathery and 400,000 are held jointly by him with Elizabeth Cathery in the Cathery Family Trust.

For further information contact:

 
Central Asia Metals 
Tony Hunter, Company Secretary          Tel: [phone] 
Louise Wrathall, Director of Corporate  Tel:[phone] 
 Relations                               [e-mail] 
 
Peel Hunt (Nominated Advisor and Joint  Tel: [phone] 
 Broker) 
Ross Allister 
David McKeown 
 
BMO Capital Markets (Joint Broker)      Tel: [phone] 
Thomas Rider 
 
Blytheweigh (PR Advisors)               Tel: [phone] 
Tim Blythe 
Megan Ray 
Rachael Brooks 
 

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 and follow CAML on Twitter at @CamlMetals and on LinkedIn at Central Asia Metals Plc.

 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                              Robert Cathery 
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     Ordinary shares of US$0.01 each 
     of instrument 
     Identification code                               GB00B67KBV28 
b)   Nature of the Transaction                         1. transfer of Shares for nil consideration to Elizabeth 
                                                       Cathery (wife of Mr Cathery) a Person 
                                                       Closely Associated with Mr Cathery. 
                                                       2. sale of Shares held in the name of Robert Cathery. 
c)   Price(s) and volume(s) 
                                                         Transfer of shares to Elizabeth Cathery 
                                                         Price(s)                                            Volume(s) 
                                                          Nil                                                  500,000 
                                                         Sale of Shares held in the name of Robert Cathery 
                                                         Price(s)                                            Volume(s) 
                                                          GBP2.5007                                           325,000 
d)   Aggregated information                             Transaction type     Aggregated Volume(s)   Price(s) 
      Aggregated volume                                  Transfer of shares   500,000                nil 
      Price                                              Sale of shares       325,000                GBP812,727.50 
e)   Date of the transaction                           1. 6 January 2021 
                                                        2. 11 January 2021 
f)   Place of the transaction                          1. Outside a trading venue 
                                                        2. X-LON 
 
 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                           Elizabeth Cathery 
2.   Reason for the Notification 
a)   Position/status                                The notification concerns a person closely associated with a 
                                                    person discharging managerial 
                                                    responsibilities, being Robert Cathery, 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,       Ordinary shares of US$0.01 each 
     type of instrument 
     Identification code                            GB00B67KBV28 
b)   Nature of the Transaction                      1. Acquisition of Shares for nil consideration transferred from 
                                                    Robert Cathery. 
                                                    2. sale of Shares held in the name of Elizabeth Cathery. 
c)   Price(s) and volume(s) 
                                                      Transfer of shares to Elizabeth Cathery 
                                                      Price(s)                                               Volume(s) 
                                                       Nil                                                     500,000 
                                                      Sale of Shares held in the name of Elizabeth Cathery 
                                                      Price(s)                                               Volume(s) 
                                                       GBP2.5007                                              325,000 
d)   Aggregated information                          Transaction type     Aggregated Volume(s)   Price(s) 
      Aggregated volume                               Transfer of shares   500,000                nil 
      Price                                           Sale of shares       325,000                GBP812,727.50 
e)   Date of the transaction                        1. 6 January 2021 
                                                     2. 11 January 2021 
f)   Place of the transaction                       1. Outside a trading venue 
                                                     2. X-LON 
 
 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                                      The Cathery Family Trust 
2.   Reason for the Notification 
a)   Position/status                                           The notification concerns a person closely associated 
                                                               with a person discharging managerial 
                                                               responsibilities, being Robert Cathery, 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                                 Sale of Shares held in the Cathery Family Trust 
c)   Price(s) and volume(s) 
                                                                 Price(s)     Volume(s) 
                                                                  GBP2.5007    100,000 
d)   Aggregated information 
      Aggregated volume                                          N/A single transaction 
      Price 
e)   Date of the transaction                                   11 January 2021 
f)   Place of the transaction                                  X-LON 
 

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January 12, 2021 02:30 ET (07:30 GMT)