REG - Caledonia Mining Crp - Exercise of share options

Caledonia MiningAnnouncement

16/11/2021 07:05

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RNS Number : 4545S  Caledonia Mining Corporation PLC  16 November 2021

Caledonia Mining Corporation Plc

(NYSE American: CMCL; AIM: CMCL)

Exercise of share options

 

St Helier, November 16, 2021:  Caledonia Mining Corporation Plc ("Caledonia"
or the "Company") announces that Mr John McGloin, a non-executive director of
the Company, has exercised options in respect of, and the Company has issued
and allotted, 18,000 common shares of no par value each in the Company (the
"Option Shares"). The exercise price was CAD$11.50 per Option Share.
Following this transaction, Mr McGloin holds an interest in 18,000 shares in
the Company representing approximately 0.15 per cent of the issued share
capital of the Company.

Application has been made by Caledonia for the Option Shares to be admitted in
the form of depositary interests to trading on AIM and it is anticipated that
trading in such securities will commence on or around November 19, 2021.

Following the issue of the Option Shares, the Company has a total number of
shares in issue of 12,136,823 common shares of no par value each.  Caledonia
has no shares in treasury; therefore, this figure may be used by holders as
the denominator for the calculations by which they determine if they are
required to notify their interest in, or a change to their interest in, the
Company.

For further information please contact:

 Caledonia Mining Corporation Plc

 Mark Learmonth                    Tel: +44 1534 679 800

 Camilla Horsfall                  Tel: +44 7817 841 793
 WH Ireland (Nomad & Broker)

 Adrian Hadden/Andrew de Andrade   Tel: +44 20 7220 1751
 Blytheweigh

 Tim Blythe/Megan Ray              Tel: +44 207 138 3204
 3PPB

 Patrick Chidley                   Tel: +1 917 991 7701

 Paul Durham                       Tel: +1 203 940 2538

 

The information contained within this announcement is deemed by the Company to
constitute inside information under the Market Abuse Regulation (EU) No.
596/2014 ("MAR") as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 and is disclosed in accordance with the
Company's obligations under Article 17 of MAR.

 

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                                                         John McGloin

 2   Reason for the  notification

 a)  Position/status                                              Non-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                                                         Caledonia Mining Corporation Plc

 b)  LEI                                                          21380093ZBI4BFM75Y51

 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  Common shares of no par value

     Identification code

                                                                  JE00BF0XVB15

 b)  Nature of the transaction                                    Exercise of share options

 c)  Price(s) and volume(s)                                       Price(s)                        Volume(s)

                                                            CAD11.50                        18,000

 d)  Aggregated information

     - Aggregated volume                                          18,000

     - Price                                                      CAD207,000

 e)  Date of the transaction                                      15 November 2021

 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

18,000

 

CAD207,000

 

e)

Date of the transaction

 

15 November 2021

 

f)

Place of the transaction

Outside a trading venue

 

 

 

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