Caledonia Mining Corporation PLC Sale of Shares by an Officer of the Company (5455Q)

TIDMCMCL

RNS Number : 5455Q

Caledonia Mining Corporation PLC

30 November 2016

Caledonia Mining Corporation Plc

Sale of Shares by an officer of the company

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

30 November, 2016: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notice yesterday that Mr Dana Roets, the Company's Chief Operating Officer has sold a total of 100,000 shares in the company at a price of CAD$1.3844 per share. Mr Roets is classified as a Person Discharging Managerial Responsibility for the purposes of Market Abuse Regulations. Following this transaction Mr Roets owns no shares in 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                                                     Dana Roets 
---  -------------------------------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                          Chief Operating Officer, 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                                Sale of shares 
---  -------------------------------------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)                 Volume(s) 
                                                                -----------------------  ---------- 
                                                                 138.44 Canadian cents    100,000 
                                                                -----------------------  ---------- 
---  -------------------------------------------------------  -------------------------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                  100,000 
                                                                  138.44 Canadian cents 
 
         *    Price 
---  -------------------------------------------------------  -------------------------------------------------------- 
 e)   Date of the transaction                                  29 November 2016 
---  -------------------------------------------------------  -------------------------------------------------------- 
 f)   Place of the transaction                                 Toronto Stock Exchange 
---  -------------------------------------------------------  -------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 30, 2016 04:43 ET (09:43 GMT)