RNS Number : 3822A
Central Asia Metals PLC
23 September 2022
 

23 September 2022

 

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

 

Allotment and Issue of Shares

 

Central Asia Metals plc (AIM: CAML), announces that the Company has issued and allotted 5,600,000 ordinary shares of US$0.01 each in the Company (the "New Ordinary Shares") to the trustee of the Central Asia Metals employee benefit trust (the "EBT").  These New Ordinary Shares have been issued for the purposes of satisfying current awards granted under the Company's Employee Share Plans together with any future awards that may be granted by the Company.  Currently, there are outstanding rights under such plans to acquire up to 6,500,000 ordinary shares. Under the Trust deed the trustee must waive dividends and refrain from voting unless the Board directs otherwise.

 

Application has been made to the London Stock Exchange for 5,600,000 New Ordinary Shares to be admitted to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the existing issued ordinary shares of the Company. It is expected that Admission will become effective and that trading in the New Ordinary Shares will commence at or around 8.00 am on 27 September 2022.

Following the issue of the New Ordinary Shares, the Company's issued share capital will comprise 182,098,266 ordinary shares of US$0.01 each. The Company holds 471,647 shares in treasury. The total number of voting rights in the Company is therefore 181,626,619. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

For further information contact:

Central Asia Metals

 

Tony Hunter, Company Secretary

Tel: +44 (0) 20 7603 1515

Louise Wrathall, Director of Corporate Development

Tel:+44 (0) 20 7898 9001

louise.wrathall@centralasiametals.com

 

 

Peel Hunt (Nominated Advisor and Joint Broker)

Tel: +44 (0) 20 7418 8900

Ross Allister

 

David McKeown

 

 

 

BMO Capital Markets (Joint Broker)

Tel: +44 (0) 20 7236 1010

Thomas Rider

 

 

 

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 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.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IOEEAANAAAEAEAA