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CENTRAL ASIA METALS PLC

Director's Dealing Oct 22, 2014

7554_rns_2014-10-22_b7694775-7930-4ceb-99ce-a40e7e2f4add.html

Director's Dealing

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RNS Number : 0575V

Central Asia Metals PLC

22 October 2014

22 October 2014

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Exercise of Options and Directors' Dealings

Central Asia Metals plc (AIM:CAML) has been notified that, Mr Nick Clarke, Chief Executive Officer of the Company, and Mr Howard Nicholson, Technical Director of the Company, have today exercised options over ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price of US$0.01 per Share. Mr Clarke and Mr Nicholson have today sold the resulting Shares, in part to settle the tax liabilities arising on exercise, per the table below:

Director Number of options over Shares exercised Number of Shares sold Average price of Shares sold Total number of Shares held following transaction (jointly owned with the Company's Employee Benefit Trust (the "EBT") % of Company's Issued Capital
Nick Clarke 400,000 400,000 159 pence 1,342,887 1.2%
Howard Nicholson 377,764 377,764 159 pence 446,715 0.4%

The exercise of these options will be satisfied by the transfer of Shares from the EBT.

Enquiries:

Central Asia Metals plc                           Tony Hunter                       +44 (0) 207 603 1515

Company Secretary

Peel Hunt LLP                                               Matthew Armitt               +44 (0)20 7418 8900                             

Ross Allister

Mirabaud Securities LLP                           Peter Krens                        +44 (0)20 7878 3362

Bell Pottinger                                                Lorna Cobbett                   +44 (0)20 3772 2500 

Marianna Bowes

This information is provided by RNS

The company news service from the London Stock Exchange

END

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