Central Asia Metals PLC Results of Extraordinary General Meeting (3356T)

TIDMCAML

RNS Number : 3356T

Central Asia Metals PLC

11 October 2017

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Results of Extraordinary General Meeting

Central Asia Metals PLC (AIM: CAML) announces that all resolutions proposed at the Extraordinary General Meeting held earlier today were duly passed.

Application has been made to the London Stock Exchange for the 49,150,000 Company Placing Shares to be admitted to trading on AIM ("Admission"). Admission of the Company Placing Shares, and settlement of the 10,605,875 Selling Shareholder Placing Shares, is expected to occur at 8.00 a.m. on 12 October 2017.

Following Admission the Company's total issued share capital will comprise 161,219,738 ordinary shares. The Company has 511,647 ordinary shares held in treasury. Accordingly the total number of voting rights in the Company's shares is 160,708,091 and therefore this figure may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Subject to the satisfaction or waiver of the conditions to completion of the Acquisition by that time, the Company continues to expect completion of the Acquisition to occur in Q4 2017.

Subject to the completion of the Acquisition, application will be made to the London Stock Exchange for the Enlarged Share Capital to be admitted to trading on AIM, which will include the 15,278,528 Consideration Shares to be issued upon Readmission.

All capitalised terms, unless otherwise defined, shall have the meanings ascribed to them in the Company's Admission Document dated 22 September 2017.

For further information please contact:

 
 Central Asia Metals plc 
 Tony Hunter                              Tel: +44 (0) 20 7603 
  Company Secretary                                       1515 
 Louise Wrathall, Investor                Tel: +44 (0) 20 7898 
  Relations                                               9001 
  louise.wrathall@centralasiametals.com 
 Peel Hunt (Nominated Adviser             Tel: +44 (0) 20 7418 
  & Joint Broker)                                         8900 
 Ross Allister 
  Richard Crichton 
  Chris Burrows 
 
 Mirabaud Securities (Joint               Tel: +44 (0) 20 3167 
  Broker)                                                 7221 
 Peter Krens 
 
 Blytheweigh (PR Advisers)                Tel: +44 (0) 20 7138 
                                                          3204 
 Tim Blythe 
  Camilla Horsfall 
  Megan Ray

Note to editors:

Central Asia Metals, an AIM-listed UK company based in London, owns 100% of the Kounrad SX-EW copper project in central Kazakhstan. The Company also owns 80% of the Shuak copper exploration property in northern Kazakhstan. The Company's proposed acquisition of Lynx Resources is expected to complete in Q4 2017. 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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October 11, 2017 07:13 ET (11:13 GMT)

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