Source - LSE Regulatory
RNS Number : 4545S
Caledonia Mining Corporation PLC
16 November 2021
 

Caledonia Mining Corporation Plc

(NYSE American: CMCL; AIM: CMCL)

Exercise of share options

 

St Helier, November 16, 2021:  Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that Mr John McGloin, a non-executive director of the Company, has exercised options in respect of, and the Company has issued and allotted, 18,000 common shares of no par value each in the Company (the "Option Shares"). The exercise price was CAD$11.50 per Option Share.  Following this transaction, Mr McGloin holds an interest in 18,000 shares in the Company representing approximately 0.15 per cent of the issued share capital of the Company.

Application has been made by Caledonia for the Option Shares to be admitted in the form of depositary interests to trading on AIM and it is anticipated that trading in such securities will commence on or around November 19, 2021. 

Following the issue of the Option Shares, the Company has a total number of shares in issue of 12,136,823 common shares of no par value each.  Caledonia has no shares in treasury; therefore, this figure may be used by holders 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 Company.

For further information please contact:

Caledonia Mining Corporation Plc

Mark Learmonth

Camilla Horsfall

 

Tel: +44 1534 679 800

Tel: +44 7817 841 793

WH Ireland (Nomad & Broker)

Adrian Hadden/Andrew de Andrade

 

Tel: +44 20 7220 1751

Blytheweigh

Tim Blythe/Megan Ray

 

Tel: +44 207 138 3204

3PPB

Patrick Chidley

Paul Durham

 

Tel: +1 917 991 7701

Tel: +1 203 940 2538

 

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR. 



 

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

John McGloin

 

 

2

Reason for the  notification      

 

a)

Position/status

 

Non-Executive Director

 

b)

Initial notification/ Amendment

Initial notification

 

 

3

Details  of the issuer, emission allowance market participant,  auction platform, auctioneer or auction  monitor

 

a)

Name

 

Caledonia Mining Corporation Plc

 

b)

LEI

21380093ZBI4BFM75Y51

 

 

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

 

a)

Description of the financial instrument, type of instrument

 

Identification code

Common shares of no par value

 

 

JE00BF0XVB15

 

 

b)

Nature of the transaction

 

Exercise of share options

 

c)

Price(s) and volume(s)

 

 

Price(s)           

Volume(s)

CAD11.50

18,000

 

d)

Aggregated information

 

- Aggregated volume    

 

- Price

 

 

 

18,000

 

CAD207,000

 

e)

Date of the transaction

 

15 November 2021

 

f)

Place of the transaction

Outside a trading venue

 

 

 

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