Caledonia Mining Corporation Plc: Purchase of Securities by Director
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.
Positive
- CEO demonstrates confidence in company through personal share purchase
Negative
- None.
News Market Reaction
On the day this news was published, CMCL gained 5.58%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
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
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Mr Mark Learmonth | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director and CEO | |
| b) | Initial notification/ Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Caledonia Mining Corporation Plc | |
| b) | LEI | 21380093ZBI4BFM75Y51 | |
| 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 | Depositary interests representing common shares of no par value | |
| Identification code | JE00BF0XVB15 | ||
| b) | Nature of the transaction | Purchase of securities | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP8.30 | 2,047 | ||
| d) | Aggregated information | ||
| - Aggregated volume | n/a | ||
| - Price | |||
| e) | Date of the transaction | 6 December 2024 | |
| f) | Place of the transaction | AIM | |
FAQ
How many shares did Caledonia Mining (CMCL) CEO Mark Learmonth purchase on December 6, 2024?
What percentage of Caledonia Mining (CMCL) shares does CEO Mark Learmonth own after his December 2024 purchase?
What was the purchase price per share for CMCL CEO's December 2024 transaction?
