Purchase of Shares by a Director

RNS Number : 4725G

Caledonia Mining Corporation PLC

30 May 2017

 

Caledonia Mining Corporation Plc

Purchase of Shares by a Director

(TSX: CAL, OTCQX: CALVF, AIM: CMCL)

May 30, 2017: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notice on May 26, 2017 that Mr Leigh Wilson, Chairman and a Director of the Company, has purchased a total of 25,000 shares in the Company at an approximate average price of US$1.23 per share.  Following this transaction Mr Wilson owns 240,000 shares in the Company representing approximately 0.45 per cent of the issued share capital of the Company.

For further information please contact:

Caledonia Mining Corporation Plc Mark Learmonth - CFO Tel: [phone] [e-mail]	WH Ireland Adrian Hadden/Nick Prowting Tel: [phone]
Maurice Mason - Investor Relations Tel: [phone] [e-mail]	Blytheweigh Tim Blythe/Camilla Horsfall/Megan Ray Tel: [phone]

Note:  This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

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	Leigh Wilson
2	Reason for the notification
a)	Position/status	Chairman and Independent non-Executive Director, Caledonia Mining Corporation Plc
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	Common shares of no par value each CUSIP: G1757E105 ISIN: JE00BD35H902
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) US$1.23 US$1.2290 US$1.2291 US$1.2291 24,200 600 100 100
d)	Aggregated information -    Aggregated volume -    Price	25,000 US$1.23
e)	Date of the transaction	26 May 2017
f)	Place of the transaction	OTCQX, USA

 

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