3rd Jun 2014 12:50
3 June 2014
CENTRAL ASIA METALS PLC
(the "Company")
Grant of Options
The Company (AIM:CAML) announces that, on 3 June 2014, 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 Directors of the Company. Each option is exercisable in return for one ordinary share.
Name | Position | Options Granted | Total Options Post Grant |
Nick Clarke | Chief Executive Officer | 139,597 | 686,689 |
Nigel Robinson | Chief Financial Officer | 79,937 | 502,878 |
Howard Nicholson | Technical Director | 79,937 | 502,878 |
Nurlan Zhakupov | Non-executive Director | 50,000 | 150,000 |
The Options to the Executive Directors have been granted under the Central Asia Metals Employee Share Plan 2011; and the options to the Non-Executive Director have been granted under the Central Asia Metals Non-Executive Director Share Plan 2012. These options will generally vest at the rate of one-third per annum. 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:
Central Asia Metals plc Tony Hunter Company Secretary
| Tel: +44 (0) 207 603 1515 |
Peel Hunt LLP (Nominated Adviser & Joint Broker) | Tel: +44 (0) 20 7418 8900 |
Matthew Armitt Ross Allister | |
Mirabaud Securities LLP (Joint Broker) | Tel: +44 (0) 20 7878 3362 |
Peter Krens | |
Bell Pottinger | Tel: +44 (0) 20 7861 3232 |
Mark Antelme Lorna Cobbett |
Related Shares:
Central Asia Metals