Caledonia Mining Corporation Plc: Purchase of Securities by Director
Caledonia Mining Corporation (NYSE AMERICAN: CMCL) announced that CEO Mark Learmonth purchased 2,805 depositary interests, equivalent to 2,805 common shares, at GBP8.91 each on October 7, 2022.
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Rhea-AI Summary
Caledonia Mining Corporation (NYSE AMERICAN: CMCL) announced that CEO Mark Learmonth purchased 2,805 depositary interests, equivalent to 2,805 common shares, at GBP8.91 each on October 7, 2022. Post-transaction, Learmonth holds a total of 171,067 shares, representing approximately 1.33% of Caledonia's issued share capital. This move indicates confidence in the company's prospects. For further details, contact Mark Learmonth at +44 1534 679 800.
Positive
- CEO Mark Learmonth's purchase of shares indicates strong confidence in the company's future.
- Total shares owned by Learmonth now represent 1.33% of Caledonia's issued share capital.
Negative
- None.
Details
News Market Reaction – CMCL
The recorded move for CMCL in the trading session of this news was -4.44%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST HELIER, Jersey, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received notice that Mr Mark Learmonth, Chief Executive Officer and director of the Company, has purchased a total of 2,805 depositary interests of the Company representing the same number of common shares of no par value each in the Company at a price per depositary interest of GBP8.91. Following this transaction, Mr Learmonth has an interest in 171,067 shares in the Company representing approximately
Further details of the transaction are set out below. For further information please contact:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 800 Tel: +44 7817 841 793 |
| Cenkos Securities plc (Nomad and Joint Broker) Adrian Hadden Neil McDonald Pearl Kellie | Tel: +44 207 397 1965 Tel: +44 131 220 9771 Tel: +44 131 220 9775 |
| Liberum Capital Limited (Joint Broker) Scott Mathieson/Kane Collings | Tel: +44 20 3100 2000 |
| BlytheRay Financial PR (UK) Tim Blythe/Megan Ray | Tel: +44 207 138 3204 |
| 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 | Mark Learmonth | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive Officer and director | ||
| 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 Identification code | Depositary interests representing common shares of no par value JE00BF0XVB15 | ||
| b) | Nature of the transaction | Purchase of securities | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| GBP8.91 | 2,805 | |||
| d) | Aggregated information - Aggregated volume - Price | 2,805 GBP8.91 each | ||
| e) | Date of the transaction | 7 October 2022 | ||
| f) | Place of the transaction | AIM of the London Stock Exchange plc | ||
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