Central Asia Metals PLC Share Pledge by a Director (3931E)
May 05 2017 - 12:02PM
UK Regulatory
TIDMCAML
RNS Number : 3931E
Central Asia Metals PLC
05 May 2017
5 May 2017
CENTRAL ASIA METALS PLC
("CAML" or the "Company")
Share Pledge by a Director
Further to the announcement made on 13 April 2017, Central Asia
Metals plc (AIM: CAML) announces that it was today notified that on
28 April 2017 Mr Kenges Rakishev, a Non-Executive Director of the
Company, granted security over 10,605,875 ordinary shares of
US$0.01 each in the capital of the Company held by Kenges Rakishev
in favour of CBH Europe Limited.
There is no change in Mr Rakishev's beneficial shareholding in
the Company and he continues to have an interest and voting rights
in 21,211,751 ordinary shares representing approximately 19.01% of
the issued share capital of the Company.
For further information contact:
Tel: +44 (0) 20
Central Asia Metals plc 7898 9001
Nick Clarke, Executive Chairman
Nigel Robinson, CFO
Louise Wrathall, Investor
Relations
louise.wrathall@centralasiametals.com
Peel Hunt (Nominated Adviser Tel: +44 (0) 20
& Joint Broker) 7418 8900
Matthew Armitt
Ross Allister
Mirabaud Securities (Joint Tel: +44 (0) 20
Broker) 3167 7221
Peter Krens
Tel: +44 (0) 20
Bell Pottinger (PR Advisers) 3772 2500
Lorna Cobbett
Aarti Iyer
Marianna Bowes
Note to editors:
Central Asia Metals, an AIM-listed UK company based in London,
owns 100% of the Kounrad SX-EW copper project in Kazakhstan. The
Company also has a 75% equity interest in Copper Bay Ltd, which is
a private company that has conducted a definitive feasibility study
at its copper project in Chañaral Bay, Chile. In November 2016,
Central Asia Metals signed a framework agreement to acquire an
effective 80% interest in the Shuak copper exploration property in
northern Kazakhstan. For further information, please visit
www.centralasiametals.com.
Form for Notification and Public Disclosure of Transactions by
Persons Discharging Managerial Responsibilities and Persons Closely
Associated with them:
1 Details of the person discharging managerial
responsibilities / person closely associated
--- --------------------------------------------------------------
a) Name Mr Kenges Rakishev
--- ----------------------- -------------------------------------
2 Reason for the notification
--- --------------------------------------------------------------
a) Position/status Mr Rakishev is a Non-Executive
Director of the company and a
PDMR
--- ----------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
--- ----------------------- -------------------------------------
3 Details of the issuer
--- --------------------------------------------------------------
a) Name Central Asia Metals Plc ("CAML")
--- ----------------------- -------------------------------------
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
--- --------------------------------------------------------------
Description of Shares (GB00B67KBV28)
a) the financial
instrument, type
of instrument
--- ----------------------- -------------------------------------
b) Nature of the Grant of a charge over shares
transaction held in the name of Mr Kenges
Rakishev in a broking account
with CBH Europe Limited ("CBH")
pursuant to a general charge
agreement between Mr Rakishev
and CBH dated 26 April 2017 and
effective upon the deposit of
the charged shares into CBH's
broking account in the name of
Mr Rakishev, which occurred on
28 April 2017. The general charge
agreement was entered into pursuant
to a framework credit agreement
made between Mr Rakishev as borrower
and CBH as creditor on 26 April
2017. Following the charging
of the shares, Mr Kenges Rakishev's
beneficial interest in CAML remains
unchanged.
--- ----------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------
NIL 10,605,875
--------- ----------
--- ----------------------- -------------------------------------
d) Aggregated information- Not applicable - single transaction
Aggregated volume
- Price
--- ----------------------- -------------------------------------
e) Date of the transaction 28 April 2017 / Outside a trading
/Place of the venue
transaction
--- ----------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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