TIDMCAPD

RNS Number : 3589T

Capital Limited

25 March 2021

 
   FOR IMMEDIATE RELEASE         25 March 2021 
 

Capital Limited

("Capital", the "Group" or the "Company")

Issue of Equity, Director / PDMR shareholding and Total Voting Rights

Capital (LSE: CAPD), a leading mining services company focused on the African markets, today announces that it has issued 1,273,935 new common shares to employees pursuant to the terms of the Company's Discretionary Share Incentive Scheme awarded in 2018 and Short Time Incentive Plan awarded in 2019. The new common shares will rank pari passu with the Company's existing common shares.

Pursuant to the terms of the Company's employee share schemes, of the 1,273,935 shares issued, Directors of the Company received 390,013 shares and other PDMRs of the Company have received a total of 537,027 shares:

1. 247,509 new common shares awarded to Jamie Phillip Boyton, Executive Chairman of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020; and,

2. 142,504 new common shares awarded to Brian Rudd, Executive Director of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020.

Application has been made to the London Stock Exchange and admission of the shares is expected on or around 29 March 2021, following which; the Company's issued share capital will comprise 190,054,838 common shares of $0.0001 each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

-S -

For further information, please visit Capital Limited's website www.capdrill.com or contact:

   Capital Limited                                                                     +230 464 3250 
   Jamie Boyton, Executive Chairman                                   investor@capdrill.com 

Giles Everist, Chief Financial Officer

Rick Robson, Executive - Corporate Development

Berenberg +44 20 3207 7800

Matthew Armitt

Jennifer Wyllie

Detlir Elezi

   Tamesis Partners LLP                                                          +44 20 3882 2868 

Charlie Bendon

Richard Greenfield

Buchanan +44 20 7466 5000

Bobby Morse capital@buchanan.uk.com

Kelsey Traynor

James Husband

About Capital Limited

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The Company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. The Group's corporate headquarters are in Mauritius and it has established operations in Burkina Faso, Cameroon, Côte d'Ivoire, Egypt, Guinea, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.

Notification of transactions by PDMRs

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                Jamie Phillip Boyton 
     ----------------------------------  ------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status                     Executive Chairman 
     ----------------------------------  ------------------------------- 
 b.   Initial notification/Amendment      Initial notification 
     ----------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a.   Name                                Capital Limited 
     ----------------------------------  ------------------------------- 
 b.   LEI                                 213800XG175G91JW8W37 
     ----------------------------------  ------------------------------- 
 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                  Common shares of $0.0001 each 
       Financial instrument,               BMG022411000 
       type of instrument 
       Identification code 
     ----------------------------------  ------------------------------- 
 b.   Nature of the transaction           Award of common shares 
     ----------------------------------  ------------------------------- 
 c.   Price(s) and volume(s)               Price(s)   Volume(s) 
                                            29p        247,509 
                                                      ---------- 
     ----------------------------------  ------------------------------- 
 d.      Aggregated information            See above 
           *    Aggregated volume 
 
 
           *    Price 
     ----------------------------------  ------------------------------- 
 e.   Date of the transaction             25 March 2021 
     ----------------------------------  ------------------------------- 
 f.   Place of the transaction            Outside of trading venue 
     ----------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             Brian Rudd 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive Director 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        142,504 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information         See above 
           *    Aggregated volume 
 
 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
     ---------------------------------------------------------------------------- 
 a.   Name                             Jodie Raymond North 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Chief Operating Officer 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument,            BMG022411000 
       type of instrument 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        116,669 
                                                   ---------- 
                                         50.5p      27,829 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          33.14p             144,498 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             David Regan Payne 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive - Commercial 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        72,335 
                                                   ---------- 
                                         50.5p      30,360 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          35.36p             102,695 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
     ---------------------------------------------------------------------------- 
 a.   Name                             Anthony Charles Woolfe 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive - Assets 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        60,739 
                                                   ---------- 
                                         50.5p      12,650 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          32.71p             73,389 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             Ryan James Petersen 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive - Maintenance 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        46,265 
                                                   ---------- 
                                         50.5p      12,649 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          33.62p             58,914 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
     ---------------------------------------------------------------------------- 
 a.   Name                             John David Luck 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive - Inventory 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        52,660 
                                                   ---------- 
                                         50.5p      7,590 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          31.71p             60,250 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                             Richard Peter Monaghan 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  Executive - HSE 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        35,106 
                                                   ---------- 
                                         50.5p      7,590 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information          Weighted average   Aggregated Volume(s) 
           *    Aggregated volume          price 
                                          32.82p             42,696 
                                                            --------------------- 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
     ---------------------------------------------------------------------------- 
 a.   Name                             Stuart Patrick Thomson 
     -------------------------------  ------------------------------------------- 
 2.   Reason for the notification 
     ---------------------------------------------------------------------------- 
 a.   Position/status                  CEO - MSALABS 
     -------------------------------  ------------------------------------------- 
 b.   Initial notification/Amendment   Initial notification 
     -------------------------------  ------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a.   Name                             Capital Limited 
     -------------------------------  ------------------------------------------- 
 b.   LEI                              213800XG175G91JW8W37 
     -------------------------------  ------------------------------------------- 
 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               Common shares of $0.0001 each 
       Financial instrument, 
       type of instrument               BMG022411000 
       Identification code 
     -------------------------------  ------------------------------------------- 
 b.   Nature of the transaction        Award of common shares 
     -------------------------------  ------------------------------------------- 
 c.   Price(s) and volume(s)            Price(s)   Volume(s) 
                                         29p        54,585 
                                                   ---------- 
     -------------------------------  ------------------------------------------- 
 d.      Aggregated information         See above 
           *    Aggregated volume 
 
 
           *    Price 
     -------------------------------  ------------------------------------------- 
 e.   Date of the transaction          25 March 2021 
     -------------------------------  ------------------------------------------- 
 f.   Place of the transaction         Outside of trading venue 
     -------------------------------  ------------------------------------------- 
 

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March 25, 2021 03:00 ET (07:00 GMT)

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