Director Dealing

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 £2.5007 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 Relations	Tel:[phone] [e-mail]
Peel Hunt (Nominated Advisor and Joint Broker)	Tel: [phone]
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 of instrument	Ordinary shares of US$0.01 each
	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) Nil Volume(s)  500,000 Sale of Shares held in the name of Robert Cathery Price(s) £2.5007 Volume(s) 325,000
d)	Aggregated information Aggregated volume Price	Transaction type Aggregated Volume(s) Price(s) Transfer of shares 500,000 nil Sale of shares 325,000 £812,727.50
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, type of instrument	Ordinary shares of US$0.01 each
	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) Nil Volume(s)  500,000 Sale of Shares held in the name of Elizabeth Cathery Price(s) £2.5007 Volume(s) 325,000
d)	Aggregated information Aggregated volume Price	Transaction type Aggregated Volume(s) Price(s) Transfer of shares 500,000 nil Sale of shares 325,000 £812,727.50
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 instrument	Ordinary shares of US$0.01 each
	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) £2.5007 Volume(s) 100,000
d)	Aggregated information Aggregated volume Price	N/A single transaction
e)	Date of the transaction	11 January 2021
f)	Place of the transaction	X-LON

 

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