Central Asia Metals PLC Exercise of Options/PDMR Dealing Notification (5615J)
December 22 2020 - 8:05AM
UK Regulatory
TIDMCAML
RNS Number : 5615J
Central Asia Metals PLC
22 December 2020
22 December 2020
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification
The Company (AIM:CAML) has today been notified that, on 21
December 2020, Mr Nigel Robinson, Chief Executive Officer of the
Company:
(a) 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:
Number of Total options
options over remaining
Shares Number of Aggregate post
Name Position exercised(1) Shares sold price achieved exercise(2) Share plan
Nigel Robinson Chief Executive 350,000 350,000 GBP2.24112 880,255 The Central
Officer Asia Metals
Employee Share
Plan 2011 (as
amended)
---------------- --------------- ---------------- --------------- --------------- ---------------
(1) includes accrued dividends
(2) before any adjustments for accrued dividends
The exercise of Mr Robinson's options was satisfied by 350,000
Shares from the Central Asia Metals employee benefit trust.
(b) sold 36,800 Shares at a price of GBP2.207106 per Share.
Following this transaction, which represents 0.021% of the issued
share capital of the Company (excluding shares held in treasury),
Mr Robinson holds 646,715 Shares, representing 0.367% of the issued
share capital of the Company (excluding shares held in treasury).
These Shares are jointly owned with the Central Asia Metals
employee benefit trust under a joint share ownership plan. These
share awards were made prior to the 2010 IPO and vested upon its
successful completion.
For further information contact:
Central Asia Metals
Tony Hunter, Company Secretary Tel: +44 (0) 20 7603 1515
Louise Wrathall, Director of Corporate Tel:+44 (0) 20 7898 9001
Relations louise.wrathall@centralasiametals.com
Peel Hunt (Nominated Advisor and Joint Tel: +44 (0) 20 7418 8900
Broker)
Ross Allister
David McKeown
BMO Capital Markets (Joint Broker) Tel: +44 (0) 20 7236 1010
Thomas Rider
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
a) Name Nigel Robinson
2. Reason for the Notification
a) Position/status Chief Executive 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 Ordinary shares of US$0.01 each
instrument, type of instrument
Identification code GB00B67KBV28
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.
3. Sale of shares held personally in the Company.
c) Price(s) and volume(s) Exercise of options
Price(s) Volume(s)
US$0.01 350,000
Sale of shares resulting from option exercise
Price(s) Volume (s)
GBP2.24112 350,000
Sale of shares held personally
Price(s) Volume(s)
GBP2.207106 36,800
d) Aggregated information Transaction type Aggregated Volume(s) Price(s)
* Aggregated volume
* Price
Exercise of options 350,000 $3,500
Sale of shares resulting from option exercise 350,000 GBP784,392
Sale of shares held personally 36,800 GBP81,221.50
e) Date of the transaction 21 December 2020
f) Place of the transaction XLON
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