Central Asia Metals : Exercise of Options/PDMR Dealing Notification

RNS Number : 4160R Central Asia Metals PLC 14 June 2018

14 June 2018

CENTRAL ASIA METALS PLC ("CAML" or the "Company")

Exercise of Options/PDMR Dealing Notification

The Company (AIM:CAML) has been notified that, on 13 June 2018, Mr Gavin Ferrar, Chief Financial Officer of the Company, exercised 100,000 options under the Central Asia Metals plc Employee Share Plan 2011 (as amended) over ordinary shares of US$0.01 each ("Shares") in the Company at an exercise price of US$0.01 per Share. On the same day, Mr Ferrar sold the resulting Shares at an average price of 277.0369p per Share, in part to settle the tax liabilities arising on exercise.

The exercise of these options will be satisfied by the transfer of Shares from the Employee Benefit Trust.

For further information contact:

Central Asia Metals

Tony Hunter, Company Secretary

Tel: [phone]

Peel Hunt (Nominated Advisor and Joint Tel: [phone] Broker)

Ross Allister James Bavister

Mirabaud Securities (Joint Broker)

Tel: [phone]

Peter Krens

Blytheweigh (PR Advisors)

Tel: [phone]

Tim Blythe

Camilla Horsfall Megan Ray

Note to editors:

Central Asia Metals, an AIM-listed UK company based in London, owns the Kounrad SX-EW copper project in central Kazakhstan and the Sasa zinc-lead mine in Macedonia. The Company also owns 80% of the Shuak copper exploration property in northern Kazakhstan. For further information, please visitwww.centralasiametals.com.

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

• b) LEICentral Asia Metals plc 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 eachIdentification code

  GB00B67KBV28

• b) Nature of the Transaction

Exercise of nominal cost options over ordinary Shares in the Company under the Central Asia Metals plc Employee Share Plan 2011 (as amended) at a nominal exerciseprice of $0.01 per Share and sale of the resulting Shares.

• c) Price(s) and volume(s)

• d) Aggregated information

  Aggregated volume Price

• e) Date of the transaction

• f) Place of the transactionExercise Price(s)Volume(s)

US$0.01

100,000

Sale Price(s)

277.0369pVolume(s)

100,000

See above

13 June 2018

XLON

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