Caledonia Mining Corporation Plc Purchase of Securities by Director
Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL) announced that non-executive director Johan Holtzhausen purchased 1,200 depositary interests, equivalent to 1,200 common shares, at an average price of GBP8.89 each. Following this acquisition, Holtzhausen now holds a total of 21,025 shares, representing approximately 0.17% of the company's total issued share capital. The transaction occurred on August 12, 2021, and was conducted on the AIM market.
- Johan Holtzhausen's purchase of shares indicates insider confidence in CMCL's prospects, potentially signaling positive future performance.
- The average purchase price of GBP8.89 may suggest a strategic entry point for investors observing the stock.
- None.
ST HELIER, Jersey, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL) (“Caledonia” or the “Company”) announces that it received notice today that Johan Holtzhausen, a non-executive director of the Company, has purchased a total of 1,200 depositary interests representing the same number of common shares of no par value each in the Company at an average price per depositary interest of GBP8.89. Following this transaction, Mr Holtzhausen holds an interest in 21,025 shares in the Company representing approximately 0.17 per cent of the issued share capital of Caledonia.
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 |
| WH Ireland (Nomad & Broker) Adrian Hadden/James Sinclair-Ford | Tel: +44 20 7220 1751 |
| Blytheweigh Tim Blythe/Megan Ray | Tel: +44 207 138 3204 |
| 3PPB Patrick Chidley Paul Durham | Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
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.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Johan Holtzhausen | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-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 | 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 shares | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| GBP8.89 | 1,200 | ||||
| d) | Aggregated information - Aggregated volume - Price | 1,200 GBP8.89 each | |||
| e) | Date of the transaction | 12 August 2021 | |||
| f) | Place of the transaction | AIM | |||
FAQ
What recent purchase did Caledonia Mining's director make?
How much of Caledonia Mining does Johan Holtzhausen own?
When did the transaction by Johan Holtzhausen take place?
On which market was the share purchase conducted?
