Issue of equity & Director PDMR holding

RNS Number : 3589T
Capital Limited
25 March 2021
 

FOR IMMEDIATE RELEASE

25 March 2021

 

 

 

 

Capital Limited

("Capital", the "Group" or the "Company")

 

Issue of Equity, Director / PDMR shareholding and Total Voting Rights

 

 

Capital (LSE: CAPD), a leading mining services company focused on the African markets, today announces that it has issued 1,273,935 new common shares to employees pursuant to the terms of the Company's Discretionary Share Incentive Scheme awarded in 2018 and Short Time Incentive Plan awarded in 2019. The new common shares will rank pari passu with the Company's existing common shares.

Pursuant to the terms of the Company's employee share schemes, of the 1,273,935 shares issued, Directors of the Company received 390,013 shares and other PDMRs of the Company have received a total of 537,027 shares:

1.  247,509 new common shares awarded to Jamie Phillip Boyton, Executive Chairman of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020; and,

2.  142,504 new common shares awarded to Brian Rudd, Executive Director of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020.

Application has been made to the London Stock Exchange and admission of the shares is expected on or around 29 March 2021, following which; the Company's issued share capital will comprise 190,054,838 common shares of $0.0001 each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

- ENDS -

For further information, please visit Capital Limited's website www.capdrill.com or contact:

 

Capital Limited     +230 464 3250

Jamie Boyton, Executive Chairman    investor@capdrill.com

Giles Everist, Chief Financial Officer

Rick Robson, Executive - Corporate Development

 

Berenberg    +44 20 3207 7800

Matthew Armitt

Jennifer Wyllie

Detlir Elezi  

 

Tamesis Partners LLP    +44 20 3882 2868

Charlie Bendon

Richard Greenfield

 

Buchanan    +44 20 7466 5000

Bobby Morse      capital@buchanan.uk.com

Kelsey Traynor

James Husband

 

 

 

About Capital Limited

 

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The Company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. The Group's corporate headquarters are in Mauritius and it has established operations in Burkina Faso, Cameroon, Côte d'Ivoire, Egypt, Guinea, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.

 

 

 

Notification of transactions by PDMRs

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Jamie Phillip Boyton

2. 

Reason for the notification

a. 

Position/status

Executive Chairman

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

247,509

 

d. 

Aggregated information

· Aggregated volume

· Price

 See above

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Brian Rudd

2. 

Reason for the notification

a. 

Position/status

Executive Director

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

142,504

 

d. 

Aggregated information

· Aggregated volume

· Price

 See above

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Jodie Raymond North

2. 

Reason for the notification

a. 

Position/status

Chief Operating Officer

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

116,669

50.5p

27,829

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

33.14p

144,498

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

David Regan Payne

2. 

Reason for the notification

a. 

Position/status

Executive - Commercial

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

72,335

50.5p

30,360

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

35.36p

102,695

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Anthony Charles Woolfe

2. 

Reason for the notification

a. 

Position/status

Executive - Assets

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

60,739

50.5p

12,650

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

32.71p

73,389

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Ryan James Petersen

2. 

Reason for the notification

a. 

Position/status

Executive - Maintenance

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

46,265

50.5p

12,649

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

33.62p

58,914

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

John David Luck

2. 

Reason for the notification

a. 

Position/status

Executive - Inventory

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

52,660

50.5p

7,590

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

31.71p

60,250

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Richard Peter Monaghan

2. 

Reason for the notification

a. 

Position/status

Executive - HSE

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

35,106

50.5p

7,590

 

d. 

Aggregated information

· Aggregated volume

· Price

 Weighted average price

Aggregated Volume(s)

32.82p

42,696

 

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Stuart Patrick Thomson

2. 

Reason for the notification

a. 

Position/status

CEO - MSALABS

b. 

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Capital Limited

b. 

LEI

213800XG175G91JW8W37

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 $0.0001 each

 

BMG022411000

b. 

Nature of the transaction

Award of common shares

c. 

Price(s) and volume(s)

Price(s)

Volume(s)

29p

54,585

 

d. 

Aggregated information

· Aggregated volume

· Price

 See above

e. 

Date of the transaction

25 March 2021

f. 

Place of the transaction

Outside of trading venue

 

 

 

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