Issue of Securities
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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:
Name | Position | Number of depositary interests issued | Resulting interest in share capital of the Company (number and percentage) |
Steve Curtis | Director and Chief Executive Officer | 24,684 | 189,566 (1.48%) |
Mark Learmonth | Director and Chief Financial Officer | 28,487 | 168,262 (1.31%) |
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.
Enquiries
Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 802 Tel: +44 7817 841793 |
WH Ireland Adrian Hadden/ Andrew De Andrade | Tel: +44 20 7220 1751 |
Blytheweigh Financial PR Tim Blythe/Megan Ray | Tel: +44 207 138 3204 |
3PPB Patrick Chidley Paul Durham | Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
Curate Public Relations (Zimbabwe) Debra Tatenda Swiss Resource Capital AG Jochen Staiger | 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 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.