Central Asia Metals PLC Share Pledge by a Director (2699L)
02 Luglio 2014 - 5:36PM
UK Regulatory
TIDMCAML
RNS Number : 2699L
Central Asia Metals PLC
02 July 2014
2 July 2014
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Share Pledge by a Director
Central Asia Metals plc (AIM: CAML) announces that it has today
been notified that SDB Group LLP, an entity 100 per cent. owned and
controlled by Mr Kenges Rakishev, a Non-Executive Director of the
Company, entered into a loan agreement on 1 July 2014 whereby
security over 21,211,751 ordinary shares of US$0.01 each in the
capital of the Company (the "Pledged Shares") held by Mr Rakishev
was granted in favour of JSC CenterCredit Bank
("CenterCredit").
There is no change in Mr Rakishev's legal or beneficial
shareholding in the Company and he continues to have an interest
and voting rights in 21,211,751 ordinary shares representing
approximately 19.95% of the issued share capital of the
Company.
The Pledged Shares will remain subject to the restricted dealing
provisions originally agreed with Mr Rakishev and CAML has obtained
an undertaking from CenterCredit that should the security be
enforced, the Company will be granted a priority right to place the
shares.
For further information contact:
Tel: +44 (0) 20
Central Asia Metals plc 7898 9001
Nick Clarke, CEO
Nigel Robinson, CFO
Peel Hunt LLP (Nominated Adviser & Joint Tel: +44 (0) 20
Broker) 7418 8900
Matthew Armitt
Ross Allister
Tel: +44 (0) 20
Mirabaud Securities LLP (Joint Broker) 7878 3362
Peter Krens
Tel: +44 (0) 20
Bell Pottinger 7861 3232
Mark Antelme
Lorna Cobbett
Note to editors:
Central Asia Metals is an AIM-listed UK company based in London.
Its countries of operation are Kazakhstan and Mongolia. CAML is a
copper producing company focussed on base metals. The Company also
has a 50% equity interest in Copper Bay Ltd, which is developing
the Chañaral Bay Copper Project in Chile. At the 2014 UK Stock
Market Awards, the Company was named Best Basic Resources PLC. For
further information please visit: www.centralasiametals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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