Central Asia Metals : Grant of Options

RNS Number : 6694A

Central Asia Metals PLC

31 May 2019

31 May 2019

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

Grant of Options

Central Asia Metals plc (AIM:CAML) announces that, on 30 May 2019, the following nominal cost options ("Options") over ordinary shares in the Company at a nominal exercise price of $0.01 per share, were granted to Executive Directors of the Company. Each Option is exercisable in return for one ordinary share.

Name	Position	Options	Total Options
Granted1	Post Grant2
Nick Clarke	Chairman	167,710	1,359,833
Nigel	Chief Executive Officer	234,794	890,200
Robinson
Gavin Ferrar	Chief Financial Officer	191,189	865,724

• vesting of these awards is subject to the achievement of certain performance conditions
  2 before any adjustments for accrued dividends

The Options to the Executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest on 31 March 2022 subject to the achievement of performance conditions. The Options have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under these rules.

For further information contact:
Central Asia Metals
Tony Hunter, Company Secretary	Tel: [phone]
Louise Wrathall, Investor Relations	Tel:[phone]
	[e-mail]

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

Broker)

Ross Allister

James Bavister

David McKeown

BMO Capital Markets (Joint Broker)	Tel: [phone]
Jeff Couch
Thomas Rider
Neil Elliot
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 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.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Nicholas Clarke

2. Reason for the Notification

a)	Position/status	Chairman
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

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1. Description of the Financial instrument, type of instrument
   Identification code
2. Nature of the Transaction
3. Price(s) and volume(s)
4. Aggregated information Aggregated volume Price
5. Date of the transaction

1. Place of the transaction

Ordinary shares of US$0.01 each

GB00B67KBV28

Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.

Price(s) Volume(s)

$0.01 167,710

N/A (Single transaction)

30 May 2019

Outside a trading venue

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,	Ordinary shares of US$0.01 each
	type of instrument
	Identification code	GB00B67KBV28
b)	Nature of the Transaction	Grant of nominal cost options over
		ordinary shares in the Company at a
		nominal exercise price of $0.01 per
		share.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		$0.01	234,794
d)	Aggregated information	N/A (Single transaction)
	Aggregated volume Price
e)	Date of the transaction	30 May 2019
f)	Place of the transaction	Outside a trading venue

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

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transactions have been conducted

1. Description of the Financial instrument, type of instrument
   Identification code
2. Nature of the Transaction
3. Price(s) and volume(s)
4. Aggregated information Aggregated volume Price
5. Date of the transaction

1. Place of the transaction

Ordinary shares of US$0.01 each

GB00B67KBV28

Grant of nominal cost options over ordinary shares in the Company at a nominal exercise price of $0.01 per share.

Price(s) Volume(s)

$0.01 191,189

N/A (Single transaction)

30 May 2019

Outside a trading venue

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