Exercise of Options/PDMR Dealing Notification

RNS Number : 6113L

Central Asia Metals PLC

14 January 2021

 

14 January 2021

CENTRAL ASIA METALS PLC

('CAML' or the 'Company')

Exercise of Options/PDMR Dealing Notification

The Company (AIM:CAML) was notified on 13 January 2021 that, Mr Gavin Ferrar, Chief Financial Officer of the Company exercised nominal cost options over ordinary shares of US$0.01 each ('Shares') in the Company at an exercise price of US$0.01 and, on the same day, sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:

Name	Position	Number of options over Shares exercised1	Number of Shares sold	Aggregate price achieved	Total options remaining post exercise2	Share plan
Gavin Ferrar	Chief Financial Officer	330,000	330,000	£2.489	452,973	The Central Asia Metals  Employee Share Plan 2011 (as amended)

¹ includes accrued dividends

² before any adjustments for accrued dividends

The exercise of Mr Ferrar's options was satisfied by 330,000 Shares from the Central Asia Metals employee benefit 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
Pascal Lussier Duquette
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	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	1.  Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals Employee Share Plan 2011 (as amended) at a nominal exercise price of $0.01 per Share, and 2.  Sale of the resulting Shares.
c)	Price(s) and volume(s)	Exercise of options Price(s)   US$0.01 Volume(s) 330,000 Sale of shares resulting from option exercise Price(s) £2.489 Volume (s) 330,000
d)	Aggregated information -  Aggregated volume -  Price	Transaction type	Aggregated Volume(s)	Price(s)
		Exercise of options	330,000	$3,300
		Sale of shares resulting from option exercise	330,000	£821,370
e)	Date of the transaction	13 January 2021
f)	Place of the transaction	XLON

 

END

 

 

DSHBRGDBLGBDGBX