TIDMCAML

RNS Number : 8265P

Central Asia Metals PLC

07 October 2011

7 October 2011

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company announces that, on 6 October 2011, the following options ("Options") at an exercise price of $0.01 per share over ordinary shares in the Company were granted to Directors of the Company under the Central Asia Metals Employee Share Plan 2011.

 
 Name              Position                   Options Granted 
----------------  -------------------------  ---------------- 
 Nick Clarke       Chief Executive Officer            217,391 
----------------  -------------------------  ---------------- 
 Nigel Robinson    Chief Financial Officer            188,405 
----------------  -------------------------  ----------------

The total market value of the shares subject to the Options granted to each Director is calculated at 100% of the annual salary of the relevant Director based on the average price of the Company's shares for the five trading days prior to the date of grant. These Options will generally vest at the rate of 1/3(rd) per annum, subject to the satisfaction of certain performance conditions.

For further information:

Central Asia Metals PLC Tel: +44 (0) 20 7603 1515

Company Secretary

Tony Hunter

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSEDLFBFBFXFBQ

Grafico Azioni Central Asia Metals (LSE:CAML)
Storico
Da Giu 2024 a Lug 2024 Clicca qui per i Grafici di Central Asia Metals
Grafico Azioni Central Asia Metals (LSE:CAML)
Storico
Da Lug 2023 a Lug 2024 Clicca qui per i Grafici di Central Asia Metals