Central Asia Metals : Exercise of Options

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:

		Number				Total
		of options	Number	Aggregate	options
		over		of	remaining
Name	Position	Shares	1	Shares	price	post	2	Share plan
exercised		sold	achieved	exercise
								The Central
								Asia Metals
Gavin	Chief	300,000		300,000	£2.220378	521,276		Employee
Ferrar	Financial							Share	Plan
	Officer							2011	(as
								amended)
								The Central
								Asia Metals
	Non-							Non-
Nurlan							Executive
Executive	40,000		40,000	£2.242500	142,859
Zhakupov			Director
	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	Tel: +44	(0) 20 7603 1515
Tony Hunter, Company Secretary
Peel Hunt (Nominated Advisor	and Tel: +44	(0) 20 7418 8900
Joint Broker)
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.comandhttps://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

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	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

1. Description of the Financial instrument, type Ordinary shares of US$0.01 each of 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) 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)	Volume(s)
	US$0.01	300,000
	Sale
	Price(s)	Volume(s)
	£2.220378	300,000

1. 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

1. Description of the Financial instrument, type Ordinary shares of US$0.01 each of 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 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)	Volume(s)
	US$0.01	40,000
	Sale
	Price(s)	Volume(s)
	£2.242500	40,000

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1. Aggregated information

	Aggregated volume Price	See above
e)	Date of the transaction	17 January 2020
f)	Place of the transaction	XLON

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