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CENTRAL ASIA METALS PLC
Remuneration Information • Jul 16, 2021
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 4265F
Central Asia Metals PLC
16 July 2021
16 July 2021
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Grant of Long-Term Share Awards
Central Asia Metals plc (AIM:CAML) announces that, on 15 July 2021, the following nominal cost long-term share awards ("Awards") over ordinary shares in the Company at an exercise price of $0.01 per share, were granted to Executive Directors of the Company under the Central Asia Metals Employee Share Plan 2011. Each Award is exercisable in return for one ordinary share.
| Name | Position | Awards Granted1 | Total Awards Post Grant2 |
| Nigel Robinson | Chief Executive Officer | 227,367 | 1,107,622 |
| Gavin Ferrar | Chief Financial Officer | 186,877 | 639,850 |
1 vesting of these awards is subject to the achievement of certain performance conditions
2 before any adjustments for accrued dividends
These Awards will generally vest on 31 March 2024 subject to the achievement of performance conditions to align with CAML's understanding of long-term shareholder expectations. The performance conditions comprise:
- a 75% component achieved by relative total shareholder return ('TSR') versus CAML's peer group
- a 25% component related to achievement of CAML's long-term sustainability targets.
The Awards have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.
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 [email protected] |
| 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 | |
| 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 instrument, type of instrument
Ordinary shares of US$0.01 each
Identification code
GB00B67KBV28
b)
Nature of the Transaction
Grant of nominal cost long-term share awards over ordinary shares in the Company at an exercise price of $0.01 per share.
c)
Price(s) and volume(s)
| Price(s) $0.01 |
Volume(s) 227,367 |
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
15 July 2021
f)
Place of the transaction
Outside a trading venue
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
Grant of nominal cost long-term share awards over ordinary shares in the Company at an exercise price of $0.01 per share.
c)
Price(s) and volume(s)
| Price(s) $0.01 |
Volume(s) 186,877 |
d)
Aggregated information
Aggregated volume Price
N/A (Single transaction)
e)
Date of the transaction
15 July 2021
f)
Place of the transaction
Outside a trading venue
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