REG - Caracal Gold PLC - Director/PDMR Shareholding

Caracal GoldAnnouncement

16/05/2023 11:00

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RNS Number : 5791Z  Caracal Gold PLC  16 May 2023

 

16 May 2023

 

Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining

 

Caracal Gold plc ('Caracal' or the 'Company')

Director/PDMR Shareholding

Further to the announcement released on 12 May 2023, the full details of the
PDMR Notification of Dealing Form for Caracal Gold plc is below.

The notification is made in accordance with the requirements of 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                                                                         Mr. Gerard Kisbey-Green
 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                                                                         Caracal Gold Plc
 b)   LEI                                                                          213800YH9S57GVOPU624
 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   Ordinary shares
      code
 b)   Nature of the transaction                                                    The transaction involved the transfer of 55,300,000 ordinary shares in Caracal
                                                                                   Gold plc from Theseus Enterprises Limited to Mill End Limited in terms of a
                                                                                   Directors undertaking (effectively a share pledge) between Theseus and Mill
                                                                                   End. Gerard Kisbey-Green, Non-executive Director of Caracal Gold Plc is the
                                                                                   sole owner of a company called Theseus Enterprises Limited. On admission of
                                                                                   Caracal Gold plc Gerard Kisbey-Green had nominated to have his share
                                                                                   entitlement in Caracal Gold plc issued in the name of Theseus Enterprises
                                                                                   Limited. On 22 June 2022 Gerard Kisbey-Green signed a "Directors undertaking"
                                                                                   (effectively a share pledge), along with a fellow Director, over Theseus'
                                                                                   55,300,000 shares in Caracal, as part of a financing transaction between
                                                                                   Caracal and Mill End Limited. This pledge was subsequently called (in terms of
                                                                                   the agreement) and Theseus transferred 55,300,000 ordinary Caracal Gold Plc
                                                                                   shares to Mill End Limited on 3 February 2023.
 c)   Price(s) and volume(s)

Price(s) (£)   Volume(s)                    Total
                                                                                   £0.003                  55,300,000                   149,310

 

 d)   Aggregated information:

Price(s) (£)   Volume(s)                    Total
      Aggregated volume                                                            £0.003                  55,300,000                   149,310

      Aggregated price
 e)   Date of the transaction                                                      03/02/2023
 f)   Place of the transaction                                                     London

 

 

d)

 

Aggregated information:

Aggregated volume

Aggregated price

 

 Price(s) (£)   Volume(s)                    Total
 £0.003                  55,300,000                   149,310

e)

Date of the transaction

03/02/2023

f)

Place of the transaction

London

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                                         Mr. Robert Andrew McCrae
 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                                                                         Caracal Gold Plc
 b)   LEI                                                                          213800YH9S57GVOPU624
 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   Ordinary shares
      code
 b)   Nature of the transaction                                                    The transaction involves the transfer of 98,500,000 ordinary shares in Caracal
                                                                                   Gold Plc from Mansa Capital Limited to Mill End Limited in terms of a
                                                                                   Directors undertaking (effectively a share pledge) between Mansa Capital
                                                                                   Limited and Mill End Limited. Robert Andrew Mc Crae, Executive director of
                                                                                   Caracal Gold Plc is the sole owner of a company called Mansa Capital Limited.
                                                                                   On admission of Caracal Gold Plc, Robert Andrew Mc Crae had nominated to have
                                                                                   his share entitlement in Caracal Gold Plc issued in the name of Mansa Capital
                                                                                   Limited on the 18th of April 2023. Robert Andrew Mc Crae signed a "Directors
                                                                                   undertaking "(Effectively a share pledge), along with a fellow director, over
                                                                                   Mansa Capital Limited 98,500,000 shares in Caracal Gold Plc, as part of a
                                                                                   financing transaction between Caracal Gold Plc and Mill End Limited. This
                                                                                   pledge was subsequently called (in terms of the agreement) and Mansa Capital
                                                                                   Limited transferred 98,500,000 Ordinary Caracal Gold Plc shares to Mill End
                                                                                   Limited on the 18th of April 2023.
 c)   Price(s) and volume(s)

Price(s) (£)   Volume(s)                    Total
                                                                                   £0.003                  98,500,000                   295,500

 

 d)   Aggregated information:

Price(s) (£)   Volume(s)                    Total
      Aggregated volume                                                            £0.003                  98,500,000                   295,500

      Aggregated price
 e)   Date of the transaction                                                      18/04/2023
 f)   Place of the transaction                                                     London

 

 

d)

 

Aggregated information:

Aggregated volume

Aggregated price

 

 Price(s) (£)   Volume(s)                    Total
 £0.003                  98,500,000                   295,500

e)

Date of the transaction

18/04/2023

f)

Place of the transaction

London

 

For further information visit www.caracalgold.com or contact the following:

 Caracal Gold plc                                    robbie@kilimapesa.com

 Robbie McCrae
 VSA Capital Limited                                 +44 203 005 5000

 Financial Adviser and Joint Broker

 Andrew Raca (Corporate Finance)

 DGWA, the German Institute for Asset and            info@dgwa.org

 Equity Allocation and Valuation

 European Investor and Corporate Relations Advisor

 Katharina Löckinger

 

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