Caledonia Mining Corporation Plc: Sale of Shares by an Officer of the Company
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TORONTO, ONTARIO--(Marketwired - Nov 30, 2016) - Caledonia Mining Corporation plc (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) ("Caledonia" or the "Company") announces that it received notice yesterday that Mr Dana Roets, the Company's Chief Operating Officer has sold a total of 100,000 shares in the company at a price of CAD$1.3844 per share. Mr Roets is classified as a Person Discharging Managerial Responsibility for the purposes of Market Abuse Regulations. Following this transaction Mr Roets owns no shares in the company.
Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.
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 | Dana Roets | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operating Officer, Caledonia Mining Corporation plc | |
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 | N/A | |
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 each JE00BD35H902 | |
b) | Nature of the transaction | Sale of shares | |
c) | Price(s) and volume(s) | ||
Price(s) | Volume(s) | ||
138.44 Canadian cents | 100,000 | ||
d) | Aggregated information - Aggregated volume - Price | 100,000 138.44 Canadian cents | |
e) | Date of the transaction | 29 November 2016 | |
f) | Place of the transaction | Toronto Stock Exchange |
Contact
Caledonia Mining Corporation plc
Mark Learmonth
CFO
+44 1534 702 998
marklearmonth@caledoniamining.com
WH Ireland
Adrian Hadden/Nick Prowting
+44 20 7220 1751
Maurice Mason
Investor Relations
+44 759 078 1139
mauricemason@caledoniamining.com
Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 20 7138 3204