TORONTO, ONTARIO–(Marketwired – Nov. 30, 2016) – Caledonia Mining Corporation Plc (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) (“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.
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 instrument
Identification code |
Common Shares of no par value each
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 |
|
| e) | Date of the transaction | 29 November 2016 | |
| f) | Place of the transaction | Toronto Stock Exchange | |
Mark Learmonth
CFO
+44 1534 702 998
marklearmonth@caledoniamining.com
WH Ireland
Adrian Hadden/Nick Prowting
+44 20 7220 1751
Maurice Mason
Investor Relations
+44 759 078 1139
mauricemason@caledoniamining.com
Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray
+44 20 7138 3204