CAML Central Asia Metals Plc

TIDMCAML

RNS Number : 7237I

Central Asia Metals PLC

03 June 2014

3 June 2014

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company (AIM:CAML) announces that, on 3 June 2014, 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 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            139,597         686,689 
------------------  -------------------------  ----------------  -------------- 
 Nigel Robinson      Chief Financial Officer             79,937         502,878 
------------------  -------------------------  ----------------  -------------- 
 Howard Nicholson    Technical Director                  79,937         502,878 
------------------  -------------------------  ----------------  -------------- 
 Nurlan Zhakupov     Non-executive Director              50,000         150,000 
------------------  -------------------------  ----------------  -------------- 
 

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 at the rate of one-third per annum. 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:

 
                                          Tel: +44 (0) 207 603 1515 
 
Central Asia Metals plc 
 Tony Hunter 
 Company Secretary 
Peel Hunt LLP (Nominated Adviser & Joint 
 Broker)                                  Tel: +44 (0) 20 7418 8900 
Matthew Armitt 
 Ross Allister 
 
Mirabaud Securities LLP (Joint Broker)    Tel: +44 (0) 20 7878 3362 
Peter Krens 
 
Bell Pottinger                            Tel: +44 (0) 20 7861 3232 
Mark Antelme 
 Lorna Cobbett 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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