Caledonia Mining Corporation PLC Exercise of Share Options (2727P)
November 16 2016 - 1:01AM
UK Regulatory
TIDMCMCL
RNS Number : 2727P
Caledonia Mining Corporation PLC
16 November 2016
Caledonia Mining Corporation Plc
Exercise of Share Options
(TSX: CAL, OTCQX: CALVF, AIM: CMCL)
16 November, 2016: Caledonia Mining Corporation Plc ("Caledonia"
or the "Company") announces that it received notice yesterday that
several executive directors and officers of the company and other
unrelated parties have exercised options over a total of 311,382
common shares of no par value each ("Option Shares") in the
Company. The details of these option exercises are as follows:
Mr Steven Curtis (Chief Executive Officer) has exercised options
over 55,000 Option Shares in the Company at an exercise price of 90
Canadian cents per share. Following Admission, Mr. Curtis will hold
420,000 Caledonia common shares, representing approximately 0.8 per
cent of the total number of common shares in issue.
Mr Mark Learmonth (Chief Financial Officer) has exercised
options over 89,020 Option Shares in the Company at an exercise
price of 90 Canadian cents per share. Following Admission, Mr.
Learmonth will hold 313,250 Caledonia common shares, representing
approximately 0.6 per cent of the total number of common shares in
issue.
Mr Dana Roets (Chief Operating Officer, a non-board position)
has exercised options over 100,000 Option Shares in the Company at
an exercise price of 72 Canadian cents per share. Following
Admission, Mr. Roets will hold 100,000 Caledonia common shares,
representing approximately 0.19 per cent of the total number of
common shares in issue.
Caledonia has also received notifications that options over a
total of 67,462 Option Shares have been exercised by persons
unrelated to the Company.
Caledonia will apply for these 311,482 Option Shares to be
admitted to trading on AIM and it is anticipated that trading in
such shares will commence on 22 November 2016 ("Admission").
Following Admission, the total number of shares in issue will be
52,662,428.
Caledonia has no shares in Treasury, therefore this figure may
be used by Shareholders, from Admission, as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change in their interest in, the
share capital of the Company under the FCA's Disclosure and
Transparency Rules.
For further information please contact:
Caledonia Mining Corporation WH Ireland
Plc Adrian Hadden/Nick Prowting
Mark Learmonth - CFO Tel: +44 20 7220 1751
Tel: +44 1534 702 998
marklearmonth@caledoniamining.com
Maurice Mason - Investor Blytheweigh
Relations Tim Blythe/Camilla Horsfall/Megan
Tel: +44 759 078 1139 Ray
mauricemason@caledoniamining.com Tel: +44 20 7138 3204
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 Steven Curtis
--- ------------------------------------------------------- --------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive 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 Common Shares of no par value each
instrument
Identification code JE00BD35H902
--- ------------------------------------------------------- --------------------------------------------------------
b) Nature of the transaction Exercise of share options
--- ------------------------------------------------------- --------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
90 Canadian cents 55,000
------------------- ----------
--- ------------------------------------------------------- --------------------------------------------------------
d) Aggregated information
* Aggregated volume 55,000
90 Canadian cents
* Price
--- ------------------------------------------------------- --------------------------------------------------------
e) Date of the transaction 15 November 2016
--- ------------------------------------------------------- --------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------- --------------------------------------------------------
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 Common Shares of no par value each
instrument
Identification code JE00BD35H902
--- ------------------------------------------------------- --------------------------------------------------------
b) Nature of the transaction Exercise of share options
--- ------------------------------------------------------- --------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
90 Canadian cents 89,020
------------------- ----------
--- ------------------------------------------------------- --------------------------------------------------------
d) Aggregated information
* Aggregated volume 89,020
90 Canadian cents
* Price
--- ------------------------------------------------------- --------------------------------------------------------
e) Date of the transaction 15 November 2016
--- ------------------------------------------------------- --------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------- --------------------------------------------------------
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 Common Shares of no par value each
instrument
Identification code JE00BD35H902
--- ------------------------------------------------------- --------------------------------------------------------
b) Nature of the transaction Exercise of share options
--- ------------------------------------------------------- --------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ----------
72 Canadian cents 100,000
------------------- ----------
--- ------------------------------------------------------- --------------------------------------------------------
d) Aggregated information
* Aggregated volume 100,000
72 Canadian cents
* Price
--- ------------------------------------------------------- --------------------------------------------------------
e) Date of the transaction 15 November 2016
--- ------------------------------------------------------- --------------------------------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------------------------------------- --------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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