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 |
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| a) | Name | Mark Learmonth |
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| 2 | Reason for the notification |
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| a) | Position/status |
Director and Chief Financial Officer | |||
| b) | Initial notification/ Amendment | Initial notification |
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor |
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| a) | Name |
Caledonia Mining Corporation Plc | |||
| b) | LEI | 21380093ZBI4BFM75Y51 |
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| 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 |
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| a) | Description of the financial instrument, type of instrument
Identification code |
Depositary interests representing common shares of no par value
JE00BF0XVB15 |
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| 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 |
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| e) | Date of the transaction |
8 June 2020 | |||
| f) | Place of the transaction | AIM of the London Stock Exchange plc |
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