Source - RNS
RNS Number : 4160R
Central Asia Metals PLC
14 June 2018
 

                 

 

14 June 2018

 

 

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

 

Exercise of Options/PDMR Dealing Notification

 

The Company (AIM:CAML) has been notified that, on 13 June 2018, Mr Gavin Ferrar, Chief Financial Officer of the Company, exercised 100,000 options under the Central Asia Metals plc Employee Share Plan 2011 (as amended) over ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price of US$0.01 per Share. On the same day, Mr Ferrar sold the resulting Shares at an average price of 277.0369p per Share, in part to settle the tax liabilities arising on exercise.

 

The exercise of these options will be satisfied by the transfer of Shares from the Employee Benefit Trust.

 

 

For further information contact:

 

Central Asia Metals


Tony Hunter, Company Secretary

Tel: +44 (0) 20 7603 1515



Peel Hunt (Nominated Advisor and Joint Broker)

Tel: +44 (0) 20 7418 8900

Ross Allister


James Bavister




Mirabaud Securities (Joint Broker)

Tel: +44 (0) 20 3167 7221

Peter Krens




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 the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in Macedonia. The Company also owns 80% of the Shuak copper exploration property in northern Kazakhstan. For further information, please visit www.centralasiametals.com.

 

 

 

 

 

 

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 instrument

Ordinary shares of US$0.01 each

Identification code

GB00B67KBV28

b)

Nature of the Transaction

Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals plc 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)

  US$0.01

Volume(s)

  100,000

Sale


Price(s)

277.0369p

Volume(s)

100,000



d)

Aggregated information

Aggregated volume Price

 

See above

e)

Date of the transaction

13 June 2018

f)

Place of the transaction

XLON

 

 

 


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