For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240523:nRSW7049Pa&default-theme=true
RNS Number : 7049P Central Asia Metals PLC 23 May 2024
23 May 2024
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Option Exercise by Directors
The Company (AIM:CAML) was notified today that, Nick Clarke, Non-Executive
Chairman, Nigel Robinson, Chief Executive Officer and Louise Wrathall,
Director of Corporate Development of the Company exercised nominal cost
options under the Central Asia Metals Employee Share Plan 2011 ("the Plan")
over ordinary shares of US$0.01 each ('Shares') in the Company at an exercise
price of US$0.01, as set out in the table below. The option exercise was
settled by the Company in cash at £2.2206 per Share. Under the Plan, the cash
settlement price is calculated from the difference between the average of the
middle-market quotations (from the Daily Official List of the London Stock
Exchange) for the preceding five days and the exercise price of US$0.01. No
actual Shares were sold or acquired in this process.
Name Position Number of options over Shares exercised(1)
Total options remaining post exercise(2)
Nick Clarke Non-Executive Chairman 588,209 986,695
Nigel Robinson Chief Executive Officer 657,749 1,395,174
Louise Wrathall Director of Corporate Development 137,891 530,670
(1) includes accrued dividends
(2) before any adjustments for accrued dividends
For further information contact:
Central Asia Metals
Tony Hunter, Company Secretary Tel: +44 (0) 20 7603 1515
Louise Wrathall, Director of Corporate Development louise.wrathall@centralasiametals.com
Peel Hunt (Nominated Adviser and Joint Broker) Tel: +44 (0) 20 7418 8900
Ross Allister
David McKeown
Georgia Langoulant
BMO Capital Markets (Joint Broker) Tel: +44 (0) 20 7236 1010
Thomas Rider
Pascal Lussier Duquette
BlytheRay (PR Advisors) Tel: +44 (0) 20 7138 3204
Tim Blythe
Megan Ray
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 100% of the Sasa
zinc-lead mine in North Macedonia.
For further information, please visit www.centralasiametals.com
(http://www.centralasiametals.com/) and follow CAML on X at @CamlMetals and
on LinkedIn at Central Asia Metals Plc.
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Nick Clarke
2. Reason for the Notification
a) Position/status Non-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 Exercise of nominal cost options over ordinary Shares in the Company under the
Central Asia Metals Employee Share Plan 2011 (as amended) cash settled at an
exercise price of £2.2206 per Share.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.2206 588,209
d) Aggregated information
- Aggregated volume 588,209
- Price £1,306,176.91
e) Date of the transaction 23 May 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
588,209
£1,306,176.91
e)
Date of the transaction
23 May 2024
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 Executive 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 Exercise of nominal cost options over ordinary Shares in the Company under the
Central Asia Metals Employee Share Plan 2011 (as amended) cash settled at an
exercise price of £2.2206 per Share.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.2206 657,749
d) Aggregated information
- Aggregated volume 657,749
- Price £1,460,597.43
e) Date of the transaction 23 May 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
657,749
£1,460,597.43
e)
Date of the transaction
23 May 2024
f)
Place of the transaction
Outside a trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name Louise Wrathall
2. Reason for the Notification
a) Position/status Director of Corporate Development
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 Exercise of nominal cost options over ordinary Shares in the Company under the
Central Asia Metals Employee Share Plan 2011 (as amended) cash settled at an
exercise price of £2.2206 per Share.
c) Price(s) and volume(s) Price(s) Volume(s)
£2.2206 137,891
d) Aggregated information
- Aggregated volume 137,891
- Price £306,200.75
e) Date of the transaction 23 May 2024
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
137,891
£306,200.75
e)
Date of the transaction
23 May 2024
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHDZGZKZFKGDZM