Central Asia Metals PLC Purchase of Shares and Option Exercise by Director (6924N)
September 26 2023 - 5:12AM
UK Regulatory
TIDMCAML
RNS Number : 6924N
Central Asia Metals PLC
26 September 2023
26 September 2023
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Purchase of Shares and Option Exercise by Director
The Company (AIM:CAML) was notified on 25 and 26 September 2023
that Mr Gavin Ferrar, Chief Financial Officer of the Company,
undertook the following dealings in the Company's ordinary shares
of US$0.01 each ('Shares'):
1. Purchase of Shares
Mr Ferrar purchased 6,816 Shares on 25 September 2023 at a price
of GBP2.053747 per Share; and 3,112 Shares on 26 September 2023 at
price of GBP2.09195 per Share. The Shares were purchased on the
open market.
Following these acquisitions, Mr Ferrar owns a total of 9,928
Shares.
2. Exercise of Options
Mr Ferrar exercised nominal cost options over Shares on 25
September 2023 at an exercise price of US$0.01 per the table below.
The option exercise was settled by the Company in cash at GBP
2.0408027 per Share in accordance with the Rules of the Central
Asia Metals plc Employee Share Plan 2011 (as amended) (the "Plan").
Under the Plan, the cash settlement is calculated as the difference
between the average of the middle-market quotations (from the Daily
Official List of the London Stock Exchange) for the preceding five
days and the exercise price of US$0.01. No actual Shares were sold
or acquired in this process and Mr Ferrar's number of options
outstanding has reduced by 203,442 as shown below.
Number of options over Shares Total options remaining post
Name Position exercised(1) exercise(2)
Gavin Ferrar Chief Financial Officer 203,442 663,266
------------------------- ------------------------------------- -------------------------------------
(1) includes accrued dividends
(2) before any adjustments for accrued dividends
For further information contact:
Central Asia Metals
Tony Hunter, Company Secretary Tel: +44 (0) 20 7603 1515
Louise Wrathall, Director of Corporate louise.wrathall@centralasiametals.com
Development
Peel Hunt (Nominated Adviser and Joint Tel: +44 (0) 20 7418 8900
Broker)
Ross Allister
David McKeown
BMO Capital Markets (Joint Broker) Tel: +44 (0) 20 7236 1010
Thomas Rider
Pascal Lussier Duquette
BlytheRay (PR Advisors) Tel: +44 (0) 20 7138 3204
Tim Blythe
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 follow CAML on X at @CamlMetals and on LinkedIn at Central Asia
Metals Plc.
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 Acquisition of Shares
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.053747 6,816
d) Aggregated information
- Aggregated volume 6,816
- Price GBP13,998.34
e) Date of the transaction 25 September 2023
f) Place of the transaction XLON
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 Acquisition of Shares
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.09195 3,112
d) Aggregated information
- Aggregated volume 3,112
- Price GBP6,510.15
e) Date of the transaction 26 September 2023
f) Place of the transaction XLON
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 Ordinary shares of US$0.01 each
instrument
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) cash
settled at an exercise price of GBP2.0408027
per Share.
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.0408027 203,442
d) Aggregated information
* Aggregated volume 203,442
GBP415,184.98
* Price
e) Date of the transaction 25 September 2023
f) Place of the transaction Outside a trading venue
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END
DSHEANNKAEPDEEA
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