REG - Capital Limited - Issue of Equity/Director PDMR/Total Voting Rights

CapitalAnnouncement

03/04/2023 13:00

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RNS Number : 1832V  Capital Limited  03 April 2023

 

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 awarded 1,245,761 shares to employees
pursuant to the terms of the Company's Short Term Incentive Plan ("STIP") and
1,559,972 shares to employees pursuant to the Company's Long Term Incentive
Plan ("LTIP"). All shares held in treasury have been used first in connection
with issuing these awards, with the remaining awards being new shares issued.
New common shares issued will rank pari passu with the Company's existing
shares.

 

STIP

Pursuant to the terms of the Company's Short Term Incentive Plan, of the
1,245,761 shares awarded, Directors of the Company received 403,544 shares and
other PDMRs of the Company have received a total of 107,425 shares:

1.     280,239 common shares awarded to Jamie Phillip Boyton, Executive
Chairman of the Company, at a price of £0.916 per share. This represents a
previously approved award with a share price value date of 10 March 2022; and

2.     123,305 common shares awarded to Brian Rudd, Executive Director of
the Company, at a price of £0.916 per share. This represents a previously
approved award with a share price value date of 10 March 2022.

LTIP

Following the vesting of the LTIPs awarded in 2020, in accordance with the
LTIP's terms, the Company received notices of exercise from all but one of the
option holders. Performance conditions attaching to the awards pursuant to the
LTIP for the three years ended 31 December 2022, details of which are set out
in the Company's annual report, have been met in full.

Pursuant to the terms of the Company's 2020 LTIP, of the 1,559,972 shares
awarded, Directors of the Company received 761,335 shares and other PDMRs of
the Company have received a total of 219,616 shares:

1.     509,254 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 LTIP; and

2.     252,081 common shares awarded to Brian Rudd, Executive Director of
the Company, at an exercise price of $0.0001 per share under the Group's LTIP.

All of the 1,973,551 shares held in treasury have been utilised, in addition
to issuing 832,182 new shares. Application has been made to the London Stock
Exchange and admission of the new shares is expected on or around 4 April
2023, following which; the Company's issued share capital will comprise
193,696,920 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.

 

- ENDS -

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

 

Capital Limited
 
investor@capdrill.com

Jamie Boyton, Executive Chairman
 

Peter Stokes, Chief Executive
Officer

Rick Robson, Chief Financial Officer

Conor Rowley, Investor Relations & Corporate Development Manager

 

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

George Cleary

 

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; maintenance; and geochemical
analysis. The Group's corporate headquarters are in London and it has
established operations in Canada, Côte d'Ivoire, Egypt, Guinea, Kenya, Mali,
Mauritania, Nigeria, Saudi Arabia, Sudan 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)
                                                                                                   £0.916    280,239
                                                                                                   $0.0001   509,254
 d.                    Aggregated information                                                      See above

                       ·    Aggregated volume

                       ·    Price
 e.                    Date of the transaction                                                     3 April 2023
 f.                    Place of the transaction                                                    Outside of trading venue

d.

Aggregated information

·    Aggregated volume

·    Price

See above

e.

Date of the transaction

3 April 2023

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)
                                                                                                   £0.916    123,305
                                                                                                   $0.0001   252,081
 d.                    Aggregated information                                                       See above

                       ·    Aggregated volume

                       ·    Price
 e.                    Date of the transaction                                                     3 April 2023
 f.                    Place of the transaction                                                    Outside of trading venue

d.

Aggregated information

·    Aggregated volume

·    Price

 See above

e.

Date of the transaction

3 April 2023

f.

Place of the transaction

Outside of trading venue

 

 1.                    Details of the person discharging managerial responsibilities / person closely
                       associated
 a.                    Name                                                         Jeffery Court
 2.                    Reason for the notification
 a.                    Position/status                                              Executive - CEO, Operations
 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)
                                                                                    £0.916    56,048
                                                                                    $0.0001   114,582
 d.                    Aggregated information                                        See above

                       ·    Aggregated volume

                       ·    Price
 e.                    Date of the transaction                                      3 April 2023
 f.                    Place of the transaction                                     Outside of trading venue

d.

Aggregated information

·    Aggregated volume

·    Price

 See above

e.

Date of the transaction

3 April 2023

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)
                                                                                    £0.916    51,377
                                                                                    $0.0001   105,034
 d.                    Aggregated information                                        See above

                       ·    Aggregated volume

                       ·    Price
 e.                    Date of the transaction                                      3 April 2023
 f.                    Place of the transaction                                     Outside of trading venue

d.

Aggregated information

·    Aggregated volume

·    Price

 See above

e.

Date of the transaction

3 April 2023

f.

Place of the transaction

Outside of trading venue

 

 

 

 

 

 

 

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