Caledonia Mining Corporation Plc Purchase of Shares by a director of the company
ST HELIER, CHANNEL ISLANDS--(Marketwired - Dec. 1, 2016) - Caledonia Mining Corporation plc ("Caledonia" or the "Company") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) announces that it received notice yesterday that Mr Mark Learmonth, the Company's Chief Financial Officer, has purchased a total of 11,500 shares in the Company at a price of £0.84 per share. Following this transaction Mr Learmonth owns 324,750 shares in the Company representing approximately 0.62 per cent of the issued share capital of 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 | Mark Learmonth | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Financial 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 | Purchase of shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 84 British Pence | 11,500 | ||||
| d) | Aggregated information | ||||
| Aggregated volume | 11,500 | ||||
| Price | 84 British Pence | ||||
| e) | Date of the transaction | 30 November 2016 | |||
| f) | Place of the transaction | London Stock Exchange, AIM | |||
Contact
Caledonia Mining Corporation plc
Mark Learmonth - CFO
+44 1534 702 998
marklearmonth@caledoniamining.com
Maurice Mason - Investor Relations
+44 759 078 1139
mauricemason@caledoniamining.com
WH Ireland
Adrian Hadden/Nick Prowting
+44 20 7220 1751
Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 20 7138 3204