Issue of Securities
St Helier, January 12, 2022: Caledonia Mining Corporation Plc (the “Company” or “Caledonia” - https://www.commodity-tv.com/ondemand/companies/profil/caledonia-mining-corporation-plc/) announces that following the maturing of long term incentive plan awards on January 11, 2022 which were made under the 2015 Omnibus Equity Incentive Compensation Plan of the Company (the “Plan”), a total of 76,520 common shares of no par value in the Company are being issued to members of staff within the Company’s group, including in the form of depositary interests and Zimbabwe depositary receipts in respect of such shares, on or before January 14, 2022. The following “Persons Discharging Managerial Responsibility” within the meaning of the Market Abuse Regulation (EU) No. 596/2014 shall receive the securities set out below:
Number of depositary interests issued
Resulting interest in share capital of the Company (number and percentage)
Director and Chief Executive Officer
Director and Chief Financial Officer
Further details of the transactions are set out in the notifications below.
Application has been made by Caledonia for the admission of depositary interests representing all the issued shares to trading on AIM and it is anticipated that trading in such securities will commence on January 17, 2022. Following issue of all the shares, the Company will have a total number of shares in issue of 12,833,126 common shares of no par value each. Caledonia has no shares in treasury; therefore, this figure may be used by holders of securities in the Company 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.
Caledonia Mining Corporation Plc
Tel: +44 1534 679 802
Tel: +44 7817 841793
Adrian Hadden/ Andrew De Andrade
Tel: +44 20 7220 1751
Blytheweigh Financial PR
Tim Blythe/Megan Ray
Tel: +44 207 138 3204
Tel: +1 917 991 7701
Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe)
Swiss Resource Capital AG
Tel: +263 77802131
Note: 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 2018and is disclosed in accordance with the Company's obligations under Article 17 of MAR.