Central Asia Metals PLC Grant of Long-Term Share Awards (0343W)
13 April 2023 - 4:30PM
UK Regulatory
TIDMCAML
RNS Number : 0343W
Central Asia Metals PLC
13 April 2023
13 April 2023
CENTRAL ASIA METALS PLC
('CAML' or the 'Company')
Grant of Long-Term Share Awards
Central Asia Metals plc (AIM:CAML) announces that, on 12 April
2023, the following nominal cost long-term share awards ("LTIP
Awards") over ordinary shares in the Company at an exercise price
of $0.01 per share, were granted to Executive Directors of the
Company under the Central Asia Metals Long-Term Incentive Plan
2022. Each LTIP Award is exercisable in return for one ordinary
share.
Name Position LTIP Awards Granted(1) Total LTIP Awards
Post Grant(2)
Chief Executive
Nigel Robinson Officer 261,594 1,482,004
----------------------- ----------------------- ------------------
Chief Financial
Gavin Ferrar Officer 214,031 763,724
----------------------- ----------------------- ------------------
Director of Corporate
Louise Wrathall Development 177,955 421,971
----------------------- ----------------------- ------------------
(1) vesting of these awards is subject to the achievement of
certain performance conditions
(2) before any adjustments for accrued dividends
These LTIP Awards will generally vest on 31 March 2026 subject
to the achievement of performance conditions to align with CAML's
understanding of long-term shareholder expectations. The
performance conditions comprise:
- a 75% component achieved by relative total shareholder return
('TSR') versus CAML's peer group
- a 25% component related to achievement of CAML's long-term
sustainability targets.
The Awards 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: +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
Rachael Brooks
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 Twitter at @CamlMetals and on LinkedIn at
Central Asia Metals Plc.
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, type of Ordinary shares of US$0.01 each
instrument
Identification code GB00B67KBV28
b) Nature of the Transaction Grant of nominal cost long-term share awards over
ordinary shares in the Company at an exercise
price of $0.01 per share.
c) Price(s) and volume(s) Price(s) Volume(s)
$0.01 261,594
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction 12/04/2023
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 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 Grant of nominal cost long-term share awards over
ordinary shares in the Company at an exercise
price of $0.01 per share.
c) Price(s) and volume(s) Price(s) Volume(s)
$0.01 214,031
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction 12/04/2023
f) Place of the transaction Outside a trading venue
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Louise Wrathall
2. Reason for the Notification
a) Position/status Director of Corporate Development
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 Grant of nominal cost long-term share awards over
ordinary shares in the Company at an exercise
price of $0.01 per share.
c) Price(s) and volume(s) Price(s) Volume(s)
$0.01 177,955
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
e) Date of the transaction 12/04/2023
f) Place of the transaction Outside a trading venue
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END
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