CAML Central Asia Metals Plc

TIDMCAML

RNS Number : 1729K

Central Asia Metals PLC

25 July 2013

25 July 2013

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company (AIM:CAML) announces that, on 24 July 2013, the following nominal cost options ("Options") at a nominal exercise price of $0.01 per share over ordinary shares in the Company, 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            110,403         547,092 
------------------  -------------------------  ----------------  -------------- 
 Nigel Robinson      Chief Financial Officer             70,063         422,941 
------------------  -------------------------  ----------------  -------------- 
 Howard Nicholson    Technical Director                  70,063         422,941 
------------------  -------------------------  ----------------  -------------- 
 

These Options, which have been granted under the Central Asia Metals Employee Share Plan 2011, will generally vest at the rate of one-third per annum subject to the satisfaction of certain performance conditions. The options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the rules of the Central Asia Metals Employee Share Plan 2011.

For further information:

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

Company Secretary

Tony Hunter

Canaccord Genuity Limited Andrew Chubb Tel: +44 (0)20 7253 8000

Chris Fincken

Mirabaud Securities LLP Peter Krens Tel: +44 (0)20 7878 3362

Pelham Bell Pottinger Charles Vivian Tel: +44 (0)20 7861 3232

Lorna Spears

This information is provided by RNS

The company news service from the London Stock Exchange

END

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