CENTRAL ASIA METALS PLC

Director's Dealing • Dec 22, 2020

National Storage Mechanism | Additional information

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:

Name	Position	Number of options over Shares exercised1	Number of Shares sold	Aggregate price achieved	Total options remaining post exercise2	Share plan
Nigel Robinson	Chief Executive Officer	350,000	350,000	£2.24112	880,255	The Central 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 £2.207106 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 Relations	Tel:+44 (0) 20 7898 9001 louise.wrathall@centralasiametals.com
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

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)   US$0.01	Volume(s) 350,000
Sale of shares resulting from option exercise
Price(s) £2.24112	Volume (s) 350,000
Sale of shares held personally
Price(s) £2.207106	Volume(s) 36,800

d)

Aggregated information

-      Aggregated volume

-      Price

Transaction type

Aggregated Volume(s)

Price(s)

Exercise of options

350,000

$3,500

Sale of shares resulting from option exercise

350,000

£784,392

Sale of shares held personally

36,800

£81,221.50

e)

Date of the transaction

21 December 2020

f)

Place of the transaction

XLON

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