Central Asia Metals plc granted a total 777,873 nominal cost long-term share awards at an exercise price of $0.01 per share to its executive directors under its long-term incentive plan 2022.
Chief executive officer Nigel Robinson received 311,342 awards taking his total of such awards to 1,793,346.
Chief financial officer Gavin Ferrar received 254,734 awards for a total of 918,000, and director of corporate development Louise Wrathall was awarded 211,797 (633,768).
Each award is exercisable in return for one ordinary share and will generally vest on 31 March 2027 subject to certain performance conditions.
The awards have a maximum term of 10 years from the date of grant, subject to any earlier lapsing under the rules.