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Caledonia Mining Corporation Plc: Purchase of Securities by Director

Caledonia Mining announces that CEO and Director Mark Learmonth purchased 2,047 depositary interests at GBP8.30 per interest on December 6, 2024.

(Moderate)

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Rhea-AI Summary

Caledonia Mining announces that CEO and Director Mark Learmonth purchased 2,047 depositary interests at GBP8.30 per interest on December 6, 2024. Following this transaction, Learmonth now holds 187,031 shares, representing approximately 0.97% of Caledonia's issued share capital.

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Positive

  • CEO demonstrates confidence in company through personal share purchase

Negative

  • None.
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ST HELIER, Jersey, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that on December 6, 2024 Mr Mark Learmonth, a Director and the CEO of the Company, purchased 2,047 depositary interests of the Company representing the same number of common shares of no par value in the Company at a price per depositary interest of GBP8.30.

Following this transaction, Mr Learmonth has an interest in 187,031 shares in the Company representing approximately 0.97% of the issued share capital of Caledonia. Further details of the transaction are set out below.

Enquiries:

Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall
 
Tel: +44 1534 679 800
Tel: +44 7817 841 793
  
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
Pearl Kellie
 
Tel: +44 207 397 1965
Tel: +44 131 220 9775
  
Panmure Liberum (Joint Broker)
Scott Mathieson/Matt Hogg

Tel: +44 20 3100 2000
  
Camarco, Financial PR (UK)
Gordon Poole
Julia Tilley
Elfie Kent
 

Tel: +44 20 3757 4980
  
3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham

Tel: +1 917 991 7701
Tel: +1 203 940 2538
  
Curate Public Relations (Zimbabwe)
Debra Tatenda

Tel: +263 77802131
  
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa

Tel: +263 (242) 745 119/33/39

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1Details of the person discharging managerial responsibilities/person closely associated
a)NameMr Mark Learmonth
2Reason for the notification      
a)Position/statusDirector and CEO
b)Initial notification/ AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameCaledonia Mining Corporation Plc
b)LEI21380093ZBI4BFM75Y51
4Details 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 instrumentDepositary interests representing common shares of no par value
Identification codeJE00BF0XVB15
b)Nature of the transactionPurchase of securities
c)Price(s) and volume(s)Price(s)          Volume(s)
GBP8.302,047
d)Aggregated information 
 - Aggregated volume    n/a
 - Price 
e)Date of the transaction6 December 2024
f)Place of the transactionAIM

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Caledonia Mining (CMCL) CEO Mark Learmonth purchase on December 6, 2024?

CEO Mark Learmonth purchased 2,047 depositary interests at GBP8.30 per interest on December 6, 2024.

What percentage of Caledonia Mining (CMCL) shares does CEO Mark Learmonth own after his December 2024 purchase?

After the purchase, Mark Learmonth owns 187,031 shares, representing approximately 0.97% of Caledonia Mining's issued share capital.

What was the purchase price per share for CMCL CEO's December 2024 transaction?

The purchase price was GBP8.30 per depositary interest.

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