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CENTRAL ASIA METALS PLC

Share Issue/Capital Change Oct 9, 2014

7554_rns_2014-10-09_0cdd3793-dc4d-43a4-8fb1-1f2721a38539.html

Share Issue/Capital Change

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National Storage Mechanism | Additional information

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RNS Number : 8164T

Central Asia Metals PLC

09 October 2014

09 October 2014

CENTRAL ASIA METALS PLC

(the "Company")

Grant of Options

The Company (AIM:CAML) announces that, on 8 October 2014, the following nominal cost options ("Options") over ordinary shares in the Company at a nominal exercise price of $0.01 per share, were granted to executive Directors of the Company. Each Option is exercisable in return for one ordinary share.

Name Position Options Granted Total Options Post Grant
Nick Clarke Chief Executive Officer 160,000 846,689
Nigel Robinson Chief Financial Officer 100,000 367,626
Howard Nicholson Technical Director 100,000 602,878

The Options to the executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest, subject to the achievement of certain performance conditions, at the rate of one-third per annum commencing on 31 March 2015. The Options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.

For further information:

Central Asia Metals plc

Tony Hunter

Company Secretary
Tel: +44 (0) 207 603 1515
Peel Hunt LLP (Nominated Adviser & Joint Broker) Tel: +44 (0) 20 7418 8900
Matthew Armitt

Ross Allister
Mirabaud Securities LLP (Joint Broker) Tel: +44 (0) 20 7878 3362
Peter Krens
Bell Pottinger Tel: +44 (0) 20 3772 2500
Mark Antelme

Lorna Cobbett

This information is provided by RNS

The company news service from the London Stock Exchange

END

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