14 January 2021
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification
The Company (AIM:CAML) was notified on 13 January 2021 that, Mr Gavin Ferrar, Chief Financial Officer of the Company 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, on the same day, sold the resulting shares, in part to settle the tax liabilities arising on the exercise, as shown in the table below:
| Name |
Position |
Number of options over Shares exercised1 |
Number of Shares sold |
Aggregate price achieved |
Total options remaining post exercise2 |
Share plan |
| Gavin Ferrar |
Chief Financial Officer |
330,000 |
330,000 |
£2.489 |
452,973 |
The Central Asia Metals Employee Share Plan 2011 (as amended) |
1 includes accrued dividends
2 before any adjustments for accrued dividends
The exercise of Mr Ferrar's options was satisfied by 330,000 Shares from the Central Asia Metals employee benefit trust.
For further information contact:
| Central Asia Metals |
|
| Tony Hunter, Company Secretary |
Tel: +44 (0) 20 7603 1515 |
| Louise Wrathall, Director of Corporate Relations |
Tel:+44 (0) 20 7898 9001 louise.wrathall@centralasiametals.com |
| |
|
| Peel Hunt (Nominated Advisor and Joint Broker) |
Tel: +44 (0) 20 7418 8900 |
| Ross Allister |
|
| David McKeown |
|
|
|
|
| BMO Capital Markets (Joint Broker) |
Tel: +44 (0) 20 7236 1010 |
| Thomas Rider |
|
| Pascal Lussier Duquette |
|
|
|
|
| Blytheweigh (PR Advisors) |
Tel: +44 (0) 20 7138 3204 |
| Tim Blythe |
|
| Megan Ray |
|
| Rachael Brooks |
|
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 the Sasa zinc-lead mine in North Macedonia.
For further information, please visit www.centralasiametals.com and follow CAML on Twitter at @CamlMetals and on LinkedIn at Central Asia Metals Plc.
| 1. |
Details of the person discharging managerial responsibilities / person closely associated |
|
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| a) |
Name |
Gavin Ferrar |
|
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| 2. |
Reason for the Notification |
|
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| a) |
Position/status |
Chief Financial Officer |
|
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| b) |
Initial notification/amendment |
Initial notification |
|
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| 3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|||||||||||
| a) |
Name |
Central Asia Metals plc |
|
||||||||||
| b) |
LEI |
213800EYQBJZIT64NH43 |
|
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| 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 instrument |
Ordinary shares of US$0.01 each |
|
||||||||||
| Identification code |
GB00B67KBV28 |
|
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| b) |
Nature of the Transaction |
1. 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 2. Sale of the resulting Shares. |
|
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| c) |
Price(s) and volume(s) |
|
|
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| d) |
Aggregated information
- Aggregated volume
- Price |
Transaction type |
Aggregated Volume(s) |
Price(s)
|
|
||||||||
| Exercise of options |
330,000 |
$3,300 |
|
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| Sale of shares resulting from option exercise |
330,000 |
£821,370 |
|
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| e) |
Date of the transaction |
13 January 2021 |
|
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| f) |
Place of the transaction |
XLON
|
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