RNS Number : 2319A
Central Asia Metals PLC
20 January 2020
20 January 2020
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification and Transaction in Own Shares
The Company (AIM:CAML) has been notified that, on 17 January 2020, two of its Directors 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 sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:
Number | Total | ||||||||
of options | Number | Aggregate | options | ||||||
over | of | remaining | |||||||
Name | Position | Shares | 1 | Shares | price | post | 2 | Share plan | |
exercised | sold | achieved | exercise | ||||||
The Central | |||||||||
Asia Metals | |||||||||
Gavin | Chief | 300,000 | 300,000 | £2.220378 | 521,276 | Employee | |||
Ferrar | Financial | Share | Plan | ||||||
Officer | 2011 | (as | |||||||
amended) | |||||||||
The Central | |||||||||
Asia Metals | |||||||||
Non- | Non- | ||||||||
Nurlan | Executive | ||||||||
Executive | 40,000 | 40,000 | £2.242500 | 142,859 | |||||
Zhakupov | Director | ||||||||
Director | Share | Plan | |||||||
2012 | (as | ||||||||
amended) |
1 includes accrued dividends
2 before any adjustments for accrued dividends
The exercise of Mr Ferrar's options was satisfied by 300,000 Shares from the Central Asia Metals employee benefit trust. The exercise of Mr Zhakupov's options was satisfied by 40,000 of the Company's Shares from treasury.
As a result, the Company currently holds 471,647 Shares in treasury. The total number of voting rights in the Company is 176,026,619. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information contact: | ||
Central Asia Metals | Tel: +44 | (0) 20 7603 1515 |
Tony Hunter, Company Secretary | ||
Peel Hunt (Nominated Advisor | and Tel: +44 | (0) 20 7418 8900 |
Joint Broker) | ||
Ross Allister | ||
David McKeown | ||
BMO Capital Markets (Joint Broker) | Tel: +44 | (0) 20 7236 1010 |
Thomas Rider | ||
Neil Elliot | ||
Blytheweigh (PR Advisors) | Tel: +44 | (0) 20 7138 3204 |
Tim Blythe |
Camilla Horsfall
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.comandhttps://twitter.com/CamlMetals
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
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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
- Description of the Financial instrument, type Ordinary shares of US$0.01 each of instrument
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) at a nominal exercise price | ||
of $0.01 per Share and sale of the | ||
resulting Shares. | ||
c) Price(s) and volume(s) | Exercise | |
Price(s) | Volume(s) | |
US$0.01 | 300,000 | |
Sale | ||
Price(s) | Volume(s) | |
£2.220378 | 300,000 |
- Aggregated information
Aggregated volume Price | See above | |
e) | Date of the transaction | 17 January 2020 |
f) | Place of the transaction | XLON |
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
- Description of the Financial instrument, type Ordinary shares of US$0.01 each of instrument
Identification code | GB00B67KBV28 | |
b) Nature of the Transaction | Exercise of nominal cost options over | |
ordinary Shares in the Company | ||
under the Central Asia Metals Non- | ||
Executive Director Share Plan 2012 | ||
(as amended) at a nominal exercise | ||
price of $0.01 per Share and sale of | ||
the resulting Shares. | ||
c) Price(s) and volume(s) | Exercise | |
Price(s) | Volume(s) | |
US$0.01 | 40,000 | |
Sale | ||
Price(s) | Volume(s) | |
£2.242500 | 40,000 |
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- Aggregated information
Aggregated volume Price | See above | |
e) | Date of the transaction | 17 January 2020 |
f) | Place of the transaction | XLON |
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Central Asia Metals plc published this content on 20 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2020 08:23:08 UTC