Central Asia Metals PLC Grant of Options (5612V)

TIDMCAML

RNS Number : 5612V

Central Asia Metals PLC

19 April 2016

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company (AIM:CAML) announces that, on 18 April 2016, 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 executive Directors of the Company. Each Option is exercisable in return for one ordinary share.

 
 Name                Position               Options   Total Options 
                                            Granted      Post Grant 
------------------  --------------------  ---------  -------------- 
                     Chief Executive 
 Nick Clarke          Officer               227,312         886,122 
------------------  --------------------  ---------  -------------- 
                     Chief Financial 
 Nigel Robinson       Officer               147,605         473,751 
------------------  --------------------  ---------  -------------- 
 Howard Nicholson    Technical Director     147,605         510,460 
------------------  --------------------  ---------  --------------

The Options to the executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest, subject to the achievement of certain performance conditions, at the rate of one-third per annum commencing on 31 March 2017. 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  Tel: +44 (0) 20 7418 
 Broker)                                                  8900 
Matthew Armitt 
 Ross Allister 
 
                                          Tel: +44 (0) 20 7878 
Mirabaud Securities LLP (Joint Broker)                    3362 
Peter Krens 
 
                                          Tel: +44 (0) 20 3772 
Bell Pottinger                                            2500 
Greg Wood 
 Aarti Iyer 
 Richard Crowley

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDSQVLFFQZFLBBQ

(END) Dow Jones Newswires

April 19, 2016 02:30 ET (06:30 GMT)

Grafico Azioni Central Asia Metals (LSE:CAML)
Storico
Da Giu 2024 a Lug 2024