Central Asia Metals : Grant of Options

RNS Number : 9911M

Central Asia Metals PLC 03 May 2018

3 May 2018

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

Grant of Options

The Company (AIM:CAML) announces that, on 2 May 2018, 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	Annual Options Granted1	Additional Options Granted	Total Options Post Grant2
Nick Clarke	Chairman	147,273	147,273	1,192,123
Nigel Robinson	Chief Executive Officer	97,255	97,255	655,406
Gavin Ferrar	Chief Financial Officer	85,098	85,098	674,535

• 1 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 as set out in the Company's 2017 Annual Report, under the Central Asia Metals Employee Share Plan 2011. These Options will generally vest at the rate of one-third per annum commencing on 31 March 2019. 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]

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	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

• 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

  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)

  $0.01 147,273

  $0.01 147,273

• d) Aggregated information

  Aggregated volume Price

  $0.01 294,546

• e) Date of the transaction

  2 May 2018

• f) Place of the transaction

Outside a trading venue

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

a)

2.

a)

b)

Name	Nigel Robinson
Reason for the Notification
Position/status	Chief Executive Officer
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

  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 97,255

  $0.01 97,255

• d) Aggregated information

  Aggregated volume Price

  $0.01 194,510

• e) Date of the transaction

2 May 2018

f)Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities / person closely associated

a)Name

2.

Reason for the Notification

• a) Position/status

• b) Initial notification/amendment

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

• a) Name

• b) LEI

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

  Identification code

• b) Nature of the Transaction

• c) Price(s) and volume(s)

• d) Aggregated information

  Aggregated volume Price

• e) Date of the transaction

• f) Place of the transaction

ENDDSHEXLBBVEFEBBF

Gavin FerrarChief Financial Officer

Initial notificationCentral Asia Metals plc 213800EYQBJZIT64NH43

Ordinary shares of US$0.01 eachGB00B67KBV28

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 85,098

$0.01 85,098

$0.01 170,196

2 May 2018

Outside a trading venue

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