Grant of Options

RNS Number : 7237I

Central Asia Metals PLC

03 June 2014

 



3 June 2014

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company (AIM:CAML) announces that, on 3 June 2014, 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 Directors of the Company. Each option is exercisable in return for one ordinary share.

Name	Position	Options Granted	Total Options Post Grant
Nick Clarke	Chief Executive Officer	139,597	686,689
Nigel Robinson	Chief Financial Officer	79,937	502,878
Howard Nicholson	Technical Director	79,937	502,878
Nurlan Zhakupov	Non-executive Director	50,000	150,000

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 at the rate of one-third per annum. 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:

Central Asia Metals plc Tony Hunter Company Secretary	Tel: [phone]
Peel Hunt LLP (Nominated Adviser & Joint Broker)	Tel: [phone]
Matthew Armitt Ross Allister
Mirabaud Securities LLP (Joint Broker)	Tel: [phone]
Peter Krens
Bell Pottinger	Tel: [phone]
Mark Antelme Lorna Cobbett

 

END

 

 

RDSFXLFBZQFZBBV