Transaction in Own Shares • Jan 20, 2020
Transaction in Own Shares
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National Storage Mechanism | Additional information
RNS Number : 2319A
Central Asia Metals PLC
20 January 2020
20 January 2020
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Exercise of Options/PDMR Dealing Notification and Transaction in Own Shares
The Company (AIM:CAML) has been notified that, on 17 January 2020, two of its Directors 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 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 |
| Gavin Ferrar | Chief Financial Officer | 300,000 | 300,000 | £2.220378 | 521,276 | The Central Asia Metals Employee Share Plan 2011 (as amended) |
| Nurlan Zhakupov | Non-Executive Director | 40,000 | 40,000 | £2.242500 | 142,859 | The Central Asia Metals Non-Executive Director Share Plan 2012 (as amended) |
1 includes accrued dividends
2 before any adjustments for accrued dividends
The exercise of Mr Ferrar's options was satisfied by 300,000 Shares from the Central Asia Metals employee benefit trust.
The exercise of Mr Zhakupov's options was satisfied by 40,000 of the Company's Shares from treasury.
As a result, the Company currently holds 471,647 Shares in treasury. The total number of voting rights in the Company is 176,026,619. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
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 | |
| David McKeown | |
| BMO Capital Markets (Joint Broker) | Tel: +44 (0) 20 7236 1010 |
| Thomas Rider | |
| Neil Elliot | |
| 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 100% of the Kounrad SX-EW copper project in central Kazakhstan and 100% of the Sasa zinc-lead mine in North Macedonia.
For further information, please visit: www.centralasiametals.com and https://twitter.com/CamlMetals
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 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) 300,000 |
| Sale | |
| Price(s) £2.220378 |
Volume(s) 300,000 |
d)
Aggregated information
Aggregated volume Price
See above
e)
Date of the transaction
17 January 2020
f)
Place of the transaction
XLON
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nurlan Zhakupov
2.
Reason for the Notification
a)
Position/status
Non-Executive Director
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 Non-Executive Director Share Plan 2012 (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) 40,000 |
| Sale | |
| Price(s) £2.242500 |
Volume(s) 40,000 |
d)
Aggregated information
Aggregated volume Price
See above
e)
Date of the transaction
17 January 2020
f)
Place of the transaction
XLON
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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