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: 2 Tel: 9 |
| WH Ireland Adrian Hadden/James Sinclair-Ford | Tel: 1 |
| Blytheweigh Tim Blythe/Camilla Horsfall/Megan Ray | Tel: 4 |
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 | |||
