Central Asia Metals PLC Allotment and issue of shares (1720N)
24 Luglio 2014 - 8:01AM
UK Regulatory
TIDMCAML
RNS Number : 1720N
Central Asia Metals PLC
24 July 2014
24 July 2014
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Allotment and Issue of Shares
Central Asia Metals plc (AIM: CAML), announces that the Company
has allotted and issued 3,500,000 ordinary shares of US$ 0.01 each
to the trustee of the Central Asia Metals Limited Share Trust (the
"Employee Benefit Trust"). These ordinary shares are being issued
with a view to satisfying current awards granted under the
Company's Employee Share Plans together with any future awards that
may be granted by the Company. Currently, there are outstanding
rights under such plans to acquire up to 2,702,504 ordinary shares.
Under the Trust deed the trustee must waive dividends and refrain
from voting, unless the Board directs otherwise.
Application has been made to the London Stock Exchange for the
new ordinary shares to be admitted to trading on AIM. The new
ordinary shares will rank pari passu with the existing issued
ordinary shares of the Company. It is expected that admission will
become effective and that trading in the new ordinary shares will
commence at or around 8.00 am on 29 July 2014.
As a result, the Company's enlarged issued share capital will
comprise of 110,401,610 ordinary shares of US$0.01 each with voting
rights excluding 736,075 shares held in treasury. This figure may
be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules.
For further information please contact:
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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