TIDMCAML

RNS Number : 2319A

Central Asia Metals PLC

20 January 2020

20 January 2020

CENTRAL ASIA METALS PLC

('CAML' or the 'Company')

Exercise of Options/PDMR Dealing Notification and Transaction in Own Shares

The Company (AIM:CAML) has been notified that, on 17 January 2020, two of its Directors exercised nominal cost options over ordinary shares of US$0.01 each ('Shares') in the Company at an exercise price of US$0.01 and sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:

 
                                   Number of                                            Total options 
                                   options over                                         remaining 
                                   Shares           Number of         Aggregate         post 
Name              Position         exercised(1)     Shares sold       price achieved    exercise(2)     Share plan 
Gavin Ferrar       Chief           300,000          300,000           GBP2.220378      521,276          The Central 
                   Financial                                                                            Asia Metals 
                   Officer                                                                              Employee Share 
                                                                                                        Plan 2011 (as 
                                                                                                        amended) 
                 ---------------  ---------------  ----------------  ---------------  ---------------  --------------- 
Nurlan Zhakupov   Non-Executive     40,000           40,000           GBP2.242500      142,859          The Central 
                  Director                                                                              Asia Metals 
                                                                                                        Non-Executive 
                                                                                                        Director Share 
                                                                                                        Plan 2012 (as 
                                                                                                        amended) 
                 ---------------  ---------------  ----------------  ---------------  ---------------  --------------- 
 

(1) includes accrued dividends

(2) before any adjustments for accrued dividends

The exercise of Mr Ferrar's options was satisfied by 300,000 Shares from the Central Asia Metals employee benefit trust.

The exercise of Mr Zhakupov's options was satisfied by 40,000 of the Company's Shares from treasury.

As a result, the Company currently holds 471,647 Shares in treasury. The total number of voting rights in the Company is 176,026,619. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information contact:

 
Central Asia Metals 
Tony Hunter, Company Secretary      Tel: +44 (0) 20 7603 1515 
 
Peel Hunt (Nominated Advisor and    Tel: +44 (0) 20 7418 8900 
 Joint Broker) 
Ross Allister 
David McKeown 
 
BMO Capital Markets (Joint Broker)  Tel: +44 (0) 20 7236 1010 
Thomas Rider 
Neil Elliot 
 
Blytheweigh (PR Advisors)           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 and 100% of the Sasa zinc-lead mine in North Macedonia.

For further information, please visit: www.centralasiametals.com and https://twitter.com/CamlMetals

 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                                      Gavin Ferrar 
2.   Reason for the Notification 
a)   Position/status                                           Chief Financial Officer 
b)   Initial notification/amendment                            Initial notification 
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
      or auction monitor 
a)   Name                                                      Central Asia Metals plc 
b)   LEI                                                       213800EYQBJZIT64NH43 
4.   Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) 
      each type of transaction; (iii) each date; and (iv)each place where transactions have been 
      conducted 
a)   Description of the Financial instrument, type of          Ordinary shares of US$0.01 each 
     instrument 
     Identification code                                       GB00B67KBV28 
b)   Nature of the Transaction                                 Exercise of nominal cost options over ordinary Shares 
                                                               in the Company under the Central Asia 
                                                               Metals Employee Share Plan 2011 (as amended) at a 
                                                               nominal exercise price of $0.01 per Share 
                                                               and sale of the resulting Shares. 
c)   Price(s) and volume(s)                                     Exercise 
                                                                 Price(s)       Volume(s) 
                                                                  US$0.01        300,000 
                                                                 Sale 
                                                                 Price(s)       Volume(s) 
                                                                  GBP2.220378    300,000 
d)   Aggregated information                                     See above 
      Aggregated volume Price 
e)   Date of the transaction                                   17 January 2020 
f)   Place of the transaction                                  XLON 
 
 
1.   Details of the person discharging managerial responsibilities / person closely associated 
a)   Name                                                      Nurlan Zhakupov 
2.   Reason for the Notification 
a)   Position/status                                           Non-Executive Director 
b)   Initial notification/amendment                            Initial notification 
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer 
      or auction monitor 
a)   Name                                                      Central Asia Metals plc 
b)   LEI                                                       213800EYQBJZIT64NH43 
4.   Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) 
      each type of transaction; (iii) each date; and (iv)each place where transactions have been 
      conducted 
a)   Description of the Financial instrument, type of          Ordinary shares of US$0.01 each 
     instrument 
     Identification code                                       GB00B67KBV28 
b)   Nature of the Transaction                                 Exercise of nominal cost options over ordinary Shares 
                                                               in the Company under the Central Asia 
                                                               Metals Non-Executive Director Share Plan 2012 (as 
                                                               amended) at a nominal exercise price of 
                                                               $0.01 per Share and sale of the resulting Shares. 
c)   Price(s) and volume(s)                                     Exercise 
                                                                 Price(s)       Volume(s) 
                                                                  US$0.01        40,000 
                                                                 Sale 
                                                                 Price(s)       Volume(s) 
                                                                  GBP2.242500    40,000 
d)   Aggregated information                                     See above 
      Aggregated volume Price 
e)   Date of the transaction                                   17 January 2020 
f)   Place of the transaction                                  XLON 
 

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END

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January 20, 2020 02:30 ET (07:30 GMT)

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