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Exercise of Options and Transaction in Own Shares

Exercise of Options and Transaction in Own Shares.

articleCentral Asia Metals PlcJuly 17, 20145/company/central-asia-metals-plc/news/exercise-of-options-and-transaction-in-own-shares-4
Exercise of Options and Transaction in Own Shares

About this update from Central Asia Metals Plc

[{"type":"text","content":"\n \nRNS Number : 6718M Central Asia Metals PLC 17 July 2014  \n \n\n17 July 2014\n \nCENTRAL ASIA METALS PLC\n(\"CAML\" or the \"Company\")\n \n \nExercise of Share Options by a Director and Transaction in Own Shares \nCentral Asia Metals plc (AIM: CAML), has been notified by Nigel Robinson, Chief Financial Officer of the Company, that he has today exercised options over 269,737 ordinary shares of US$0.01 each (\"Shares\") in the Company at an exercise price of US$0.01 per Share and that he has today sold the resulting 269,737 Shares at an average price of 160.11 pence per Share, in part to settle the tax liabilities arising on exercise.  \n \nFollowing these transactions, Mr Robinson has an interest in a total of 646,715 Ordinary Shares jointly owned with the Employee Benefit Trust, representing approximately 0.6 per cent of the issued share capital of the Company.\nThe Company has transferred 269,737 of its Shares from treasury for the purpose of satisfying the foregoing exercise of share options. \n \nAs a result, the Company currently holds 770,473 Shares in treasury. The total number of voting rights in the Company is 106,867,212. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.\n \nFor further information please contact:\n \n \n\n\n\n\nCentral Asia Metals plc\nTony Hunter\nCompany Secretary\n \n\n\nTel: +44 (0) 207 603 1515 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPeel Hunt LLP (Nominated Adviser & Joint Broker)\n\n\nTel: +44 (0) 20 7418 8900\n\n\n\n\nMatthew Armitt\nRoss Allister\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMirabaud Securities LLP (Joint Broker)\n\n\nTel: +44 (0) 20 7878 3362\n\n\n\n\nPeter Krens\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBell Pottinger\n\n\nTel: +44 (0) 20 7861 3232\n\n\n\n\nMark Antelme\nLorna Cobbett\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange  END  RDSGGUUPMUPCGMM\n ","length":5502,"tagName":"div"}]

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