STOCK TITAN

Caledonia Mining Corporation Plc: Issue of Securities

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Caledonia Mining Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) has announced the vesting of 14,694 common shares to James Mufara, the Chief Operations Officer, as part of an award of Restricted Share Units under the Company's 2015 Omnibus Equity Incentive Compensation Plan. This vesting occurred on September 30, 2024, resulting in Mr. Mufara's interest in the company's share capital increasing to 0.076%.

The company has applied for admission of depositary interests representing these shares to trading on AIM, with trading expected to commence around October 4, 2024. Following this issue, Caledonia's total number of shares in issue will be 19,214,554 common shares of no par value each. The company has no shares in treasury.

Caledonia Mining Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) ha annunciato l'assegnazione di 14.694 azioni ordinarie a James Mufara, il Direttore delle Operazioni, nell'ambito di un premio di Unità Azionarie Vincolate secondo il Piano di Incentivazione Azionaria Omnibus del 2015 della Società. Questa assegnazione è avvenuta il 30 settembre 2024, e ha portato l'interesse del Sig. Mufara nel capitale sociale della società a 0,076%.

La società ha richiesto l'ammissione a negoziazione su AIM degli interessi depositari rappresentanti queste azioni, con l'inizio delle contrattazioni previsto per circa il 4 ottobre 2024. Dopo questa emissione, il numero totale di azioni della Caledonia in circolazione sarà di 19.214.554 azioni ordinarie senza valore nominale. La società non detiene azioni in tesoreria.

Caledonia Mining Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) ha anunciado la asignación de 14.694 acciones comunes a James Mufara, el Director de Operaciones, como parte de un premio de Unidades de Acciones Restringidas bajo el Plan de Compensación por Incentivos de Capital Omnibus de 2015 de la Compañía. Esta asignación se produjo el 30 de septiembre de 2024, lo que resultó en un aumento del interés del Sr. Mufara en el capital social de la empresa al 0,076%.

La compañía ha solicitado la admisión de intereses depositarios que representan estas acciones para su negociación en AIM, con el inicio del comercio previsto alrededor del 4 de octubre de 2024. Tras esta emisión, el número total de acciones en circulación de Caledonia será de 19.214.554 acciones comunes sin valor nominal. La compañía no tiene acciones en tesorería.

카레도니아 마이닝 PLC (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL)는 James Mufara COO에게 14,694주의 보통주가 부여되었음을 발표했습니다. 이는 회사의 2015년 포괄적 자본 인센티브 보상 계획에 따른 제한 주식 단위 보상으로 이루어졌습니다. 이 부여는 2024년 9월 30일에 발생했으며, 그 결과 Mufara씨의 회사 자본에 대한 지분이 0.076%로 증가했습니다.

회사는 AIM에서 이러한 주식을 대표하는 예탁 증권의 상장을 신청하였으며, 거래는 2024년 10월 4일 경 시작될 것으로 예상됩니다. 이번 이슈 이후, 카레도니아의 총 발행 주식 수는 19,214,554주의 명시 없는 보통주가 될 것입니다. 회사는 자사주식이 없습니다.

Caledonia Mining Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) a annoncé l'attribution de 14.694 actions ordinaires à James Mufara, le directeur des opérations, dans le cadre d'une attribution d'Unités d'Actions Restreintes selon le Plan d'Incentive en Actions Omnibus de 2015 de la Société. Cette attribution a eu lieu le 30 septembre 2024, ce qui a entraîné une augmentation de l'intérêt de M. Mufara dans le capital social de la société à 0,076%.

La société a demandé l'admission des intérêts dépositaires représentant ces actions à la négociation sur AIM, avec un début de négoce prévu autour du 4 octobre 2024. Suite à cette émission, le nombre total d'actions en circulation de Caledonia s'élèvera à 19.214.554 actions ordinaires sans valeur nominale. La société ne détient pas d'actions en trésorerie.

Caledonia Mining Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) hat die Zuteilung von 14.694 Stammaktien an James Mufara, den Chief Operations Officer, im Rahmen einer Vergütung von Beschränkten Aktieneinheiten im Rahmen des Unternehmensplans für die Mitarbeiterbeteiligung 2015 bekannt gegeben. Diese Zuteilung fand am 30. September 2024 statt, was dazu führte, dass das Interesse von Herrn Mufara am Gesellschaftskapital auf 0,076% anstieg.

Das Unternehmen hat die Zulassung von Depotinteressen, die diese Aktien repräsentieren, zum Handel an AIM beantragt, mit dem Handelsbeginn voraussichtlich um den 4. Oktober 2024. Nach dieser Emission wird die Gesamtzahl der ausgegebenen Aktien von Caledonia 19.214.554 Stammaktien ohne Nennwert betragen. Das Unternehmen hat keine eigenen Aktien im Bestand.

Positive
  • Vesting of 14,694 shares to the Chief Operations Officer, indicating executive compensation alignment with company performance
  • Increase in total number of shares in issue to 19,214,554, potentially improving liquidity
Negative
  • Slight dilution of existing shareholders' ownership due to the issuance of new shares

ST HELIER, Jersey, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Further to the announcement made by Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) (“the Company” or “Caledonia”) on April 10, 2024 relating to the issue of awards under the Company’s 2015 Omnibus Equity Incentive Compensation Plan (the “Plan”), Caledonia announces that an award of Restricted Share Units made to James Mufara, the Chief Operations Officer, vested on September 30, 2024.

A total of 14,694 common shares of no par value in the Company are being issued, in the form of depositary interests in respect of such shares, pursuant to the vesting of such award. Mr Mufara’s resulting interest in the share capital of the Company, following issue of such shares, will be 0.076%.

Further details of the issue of securities are set out in the notification below.

Application has been made by Caledonia for the admission of depositary interests representing the issued shares to trading on AIM and it is anticipated that trading in such securities will commence on or about October 4, 2024. Following issue of the shares, the Company will have a total number of shares in issue of 19,214,554 common shares of no par value each. Caledonia has no shares in treasury; therefore, this figure may be used by holders of securities in the Company as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company.

For further information please contact:

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
  

Note: The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR. 

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)NameJames Mufara
2Reason for the notification
a)Position/statusChief Operations Officer
b)Initial notification/ AmendmentInitial notification
3 Details  of the issuer, emission allowance market participant, auction platform, auctioneer or auction  monitor
a)NameCaledonia Mining Corporation Plc
b)LEI21380093ZBI4BFM75Y51
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 transactionIssue of securities
c)Price(s) and volume(s) Price(s)Volume(s) 
   US$15.0214,694 
      
d)Aggregated information

- Aggregated volume    

- Price

14,694
US$15.02
e)Date of the transactionSeptember 30, 2024
f)Place of the transactionAIM of the London Stock Exchange plc
      

FAQ

How many shares were issued to James Mufara in Caledonia Mining Plc (CMCL)?

James Mufara, the Chief Operations Officer of Caledonia Mining Plc (CMCL), received 14,694 common shares as part of a vested Restricted Share Units award on September 30, 2024.

What is James Mufara's resulting interest in Caledonia Mining Plc (CMCL) after the share issuance?

Following the issuance of shares, James Mufara's resulting interest in the share capital of Caledonia Mining Plc (CMCL) is 0.076%.

When are the newly issued shares of Caledonia Mining Plc (CMCL) expected to start trading on AIM?

The newly issued shares of Caledonia Mining Plc (CMCL) are anticipated to commence trading on AIM on or about October 4, 2024.

What is the total number of shares in issue for Caledonia Mining Plc (CMCL) after this issuance?

Following the issuance of shares, Caledonia Mining Plc (CMCL) will have a total of 19,214,554 common shares of no par value in issue.

Caledonia Mining Corporation Plc

NYSE:CMCL

CMCL Rankings

CMCL Latest News

CMCL Stock Data

283.22M
19.20M
14.99%
45.78%
1.02%
Gold
Basic Materials
Link
United States of America
Saint Helier