Grant of Options

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

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]
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 instrument	Ordinary shares of US$0.01 each
	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) $0.01 Volume(s) 168,279
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
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 instrument	Ordinary shares of US$0.01 each
	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) $0.01 Volume(s) 111,485
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
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 instrument	Ordinary shares of US$0.01 each
	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) $0.01 Volume(s) 221,760
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
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 instrument	Ordinary shares of US$0.01 each
	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) $0.01 Volume(s) 16,827
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	21 April 2017
f)	Place of the transaction	Outside a trading venue

 

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