TIDMCMCL

RNS Number : 6791Q

Caledonia Mining Corporation PLC

01 December 2016

Caledonia Mining Corporation Plc

Purchase of Shares by a director of the company

(TSX: CAL, OTCQX: CALVF, AIM: CMCL)

1 December , 2016: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notice yesterday that Mr Leigh Wilson, the Chairman of the Board, has purchased a total of 50,000 shares in the Company at a price of $1.03 per share. Following this transaction Mr Wilson owns 215,000 shares in the Company representing approximately 0.41 per cent of the issued share capital of the Company.

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                                                     Leigh Wilson 
---  -------------------------------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                          Chairman of the Board, 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                                Purchase of shares 
---  -------------------------------------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)        Volume(s) 
                                                                --------------  ---------- 
                                                                 103 US Cents    50,000 
                                                                --------------  ---------- 
---  -------------------------------------------------------  -------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                 50,000 
                                                                 103 US Cents 
 
         *    Price 
---  -------------------------------------------------------  -------------------------------------------------------- 
 e)   Date of the transaction                                  30 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

DSHDMMGZRMGGVZG

(END) Dow Jones Newswires

December 01, 2016 03:42 ET (08:42 GMT)

Caledonia Mining (LSE:CMCL)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Caledonia Mining Charts.
Caledonia Mining (LSE:CMCL)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Caledonia Mining Charts.