We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Caledonia Mining Corporation Plc | LSE:CMCL | London | Ordinary Share | JE00BF0XVB15 | COM SHS NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.00 | -0.61% | 820.00 | 800.00 | 840.00 | 820.00 | 820.00 | 820.00 | 255 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 135.02M | 17.9M | 0.9329 | 10.77 | 192.86M |
TIDMCMCL
RNS Number : 3004L
Caledonia Mining Corporation PLC
12 January 2021
Caledonia Mining Corporation Plc
(NYSE American: CMCL; AIM: CMCL)
Issue of Long Term Incentive Awards
St Helier, January 12, 2021: Caledonia Mining Corporation Plc (the "Company" or "Caledonia") announces that it has made new long term incentive plan awards under the Company's 2015 Omnibus Equity Incentive Compensation Plan (the "Plan"). Awards that have been made to "Persons Discharging Managerial Responsibility" within the meaning of the Market Abuse Regulation (EU) No. 596/2014 are as follows :
Name Position Grant values Steve Curtis Director and Chief Executive USD155,257.64 Officer ----------------------------- -------------- Mark Learmonth Director and Chief Financial USD96,002.12 Officer ----------------------------- -------------- Dana Roets Chief Operating Officer USD97,917.94 ----------------------------- --------------
The awards are in the form of Performance Units ("PUs") as defined in the Plan. The vesting date for the PUs shall be the third anniversary of the date of the award, being January 11, 2024.
The number of PUs awarded is equal to the monetary value of the award divided by the "Fair Market Value" (as defined in the Plan) of the Company's shares, being, in this case, the greater of (i) the closing price of Caledonia's shares on the NYSE American on the trading day preceding the date of the award or (ii) the volume-weighted average closing price of Caledonia's shares on the NYSE American for the five days preceding the date of the award, which resulted in a price of USD17.71.
The final number of PUs which vest on maturity of the awards will be adjusted to reflect the actual performance of the Company in terms of targeted gold production. If actual performance is less than 70% of target, no PUs will vest; if actual performance is greater than 70% of target, the number of vesting PUs will be adjusted pro rata on a linear basis, subject to a maximum of 200% of the initial target PUs. Each PU entitles the participant to receive the cash equivalent of the Fair Market Value of one Caledonia common share on the maturity of the award or alternatively to elect to receive some or all of the PUs in the form of securities in the Company.
For further information please contact:
Caledonia Mining Corporation Plc Mark Learmonth Tel: +44 1534 679 802 Camilla Horsfall Tel: +44 7817 841793 WH Ireland Adrian Hadden/James Sinclair-Ford Tel: +44 20 7220 1751 Blytheweigh Tim Blythe/Megan Ray Tel: +44 207 138 3204 3PPB Patrick Chidley Tel: +1 917 991 7701 Paul Durham Tel: +1 203 940 2538
Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 .
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHQFLFFFFLXBBZ
(END) Dow Jones Newswires
January 12, 2021 02:00 ET (07:00 GMT)
1 Year Caledonia Mining Chart |
1 Month Caledonia Mining Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions