Caledonia Mining Corporation PLC Purchase of Shares by a Director (4107G)

TIDMCMCL

RNS Number : 4107G

Caledonia Mining Corporation PLC

26 May 2017

Caledonia Mining Corporation Plc

Purchase of Shares by a Director

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

26 May, 2017: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notice today that Mr Mark Learmonth, Chief Financial Officer and a Director of the Company has purchased a total of 14,280 shares in the Company at a price of GBP0.97 per share. Following this transaction Mr Learmonth owns 339,030 shares in the Company representing approximately 0.64 per cent of the issued share capital of the Company.

For further information please contact:

 
 Caledonia Mining Corporation        WH Ireland 
  Plc                                 Adrian Hadden/Nick Prowting 
  Mark Learmonth - CFO                Tel: [phone] 
  Tel: [phone] 
  [e-mail] 
 Maurice Mason - Investor            Blytheweigh 
  Relations                           Tim Blythe/Camilla Horsfall/Megan 
  Tel: [phone]               Ray 
  [e-mail]    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                                                      Mark Learmonth 
---  --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Financial Officer and 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                                                       N/A 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Common Shares of no par value each 
      instrument 
 
      Identification code                                        JE00BD35H902 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)            Volume(s) 
                                                                 ------------------  ---------- 
                                                                  97 British pence    14,280 
                                                                 ------------------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  14,280 
                                                                  97 British pence 
 
         *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   26 May 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, AIM 
---  --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 26, 2017 09:00 ET (13:00 GMT)