REG - Capital Limited - Issue of Equity and Director PDMR shareholding
06/04/2022 07:01
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RNS Number : 3707H Capital Limited 06 April 2022
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 2,143,105 new common shares to
employees pursuant to the terms of the Company's Long Term Incentive Plan
awarded in 2019 ("LTIP"). Following the vesting of these awards under the
LTIP, the Company received notices of exercise from all option holders. The
new common shares issued as a result of this exercise will rank pari passu
with the Company's existing common shares.
Performance conditions attaching to the awards pursuant to the LTIP for the
three years ended 31 December 2021, details of which are set out in the
Company's annual reports, have been met in full.
Pursuant to the terms of the Company's 2019 Long Term Incentive Plan, of the
2,143,105 shares issued, Directors of the Company received 1,191,832 shares
and other PDMRs of the Company have received a total of 951,273 shares:
1. 797,212 new common shares awarded to Jamie Phillip Boyton,
Executive Chairman of the Company, at an exercise price of $0.0001 per share
under the Group's Long Term Incentive Plan; and
2. 394,620 new common shares awarded to Brian Rudd, Executive Director
of the Company, at an exercise price of $0.0001p per share under the Group's
Long Term Incentive Plan.
Application has been made to the London Stock Exchange and admission of the
shares is expected on or around 7 April 2022, following which the Company's
issued share capital will comprise 192,864,738 common shares of $0.0001 each,
of which 1,973,551 common shares are held in treasury. Therefore, the total
voting rights in the Company will be 190,891,187. 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.
The shares purchased in Capital's share buyback programme, which completed on
24 February 2022, are currently held in treasury. These shares will be
cancelled in due course.
- ENDS -
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
Conor Rowley, Investor Relations & Corporate Development Manager
Berenberg
+44 20 3207 7800
Matthew Armitt
Jennifer Lee
Detlir Elezi
Tamesis Partners LLP
+44 20 3882 2868
Charlie Bendon
Richard Greenfield
Stifel Nicolaus Europe Limited
+44 20 7710 7600
Ashton Clanfield
Callum Stewart
Rory Blundell
Buchanan
+44 20 7466 5000
Bobby
Morse
capital@buchanan.uk.com
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, 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 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 Financial instrument, type of instrument Identification Common shares of $0.0001 each
code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 797,212
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
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 Financial instrument, type of instrument Identification Common shares of $0.0001 each
code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001p 394,620
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Jodie 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 Financial instrument, type of instrument Identification Common shares of $0.0001 each
code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 418,536
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely
associated
a.
Name
Jodie 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 Financial instrument, type of instrument Identification
code
Common shares of $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
Price(s) Volume(s)
$0.0001 418,536
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
f.
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name David 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 Financial instrument, type of instrument Common shares of $0.0001 each
Identification code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 185,352
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
f.
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Anthony 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 Financial instrument, type of instrument Common shares of $0.0001 each
Identification code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 182,960
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
f.
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Stuart Thomson
2. Reason for the notification
a. Position/status Executive - 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 Financial instrument, type of instrument Common shares of $0.0001 each
Identification code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 164,425
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 4 April 2022
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
4 April 2022
f.
Place of the transaction
Outside of trading venue
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