AIM - Caledonia Mining Corporation Plc: Sale of securities by director
ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the “Company” or “Caledonia”) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company. Mr Learmonth now holds 139,775 depositary interests which represent a holding of approximately 1.2% of the share capital of the Company.
Further details of the transaction are set out in the notification below.
For further information please contact:
| Caledonia Mining Corporation Plc Mark Learmonth Maurice Mason |
Tel: +44 1534 679 802 Tel: +44 759 078 1139 |
| WH Ireland Adrian Hadden/James Sinclair-Ford |
Tel: +44 20 7220 1751 |
| Blytheweigh Tim Blythe/Camilla Horsfall/Megan Ray |
Tel: +44 207 138 3204 |
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 |
| Mark Learmonth |
| 2 |
| Reason for the notification |
| a) |
| Position/status |
| Director and Chief Financial Officer |
| 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 |
| Depositary interests representing common shares of no par value JE00BF0XVB15 |
| b) |
| Nature of the transaction |
| Sale of securities |
| c) |
| Price(s) and volume(s) |
| Price(s) |
| Volume(s) |
| GBP12.025 |
| 10,000 |
| d) |
| Aggregated information - Aggregated volume - Price |
| 10,000 GBP12.025 |
| e) |
| Date of the transaction |
| 8 June 2020 |
| f) |
| Place of the transaction |
| AIM of the London Stock Exchange plc |