Caledonia Mining Corporation
Plc
(NYSE American: CMCL; AIM:
CMCL; VFEX: CMCL)
Issue of
Securities
St
Helier, October 1, 2024: Further to the announcement made by Caledonia Mining
Corporation Plc ("the Company" or "Caledonia") on April 10, 2024
relating to the issue of awards under the Company's 2015 Omnibus
Equity Incentive Compensation Plan (the
"Plan"), Caledonia
announces that an award of Restricted Share Units
made to James Mufara, the Chief Operations Officer,
vested on September 30,
2024.
A total of 14,694 common shares of no par value
in the Company are being issued, in the form of depositary
interests in respect of such shares, pursuant to the vesting of
such award. Mr Mufara's resulting interest in the share
capital of the Company, following issue of such shares, will be
0.076%.
Further details of the issue of
securities are set out in the notification below.
Application has been made by
Caledonia for the admission of depositary interests representing
the issued shares to trading on AIM and it is anticipated that
trading in such securities will commence on or about October 4,
2024. Following issue of the shares, the Company will have a total
number of shares in issue of 19,214,554 common shares of no par
value each. Caledonia has no shares in treasury; therefore, this
figure may be used by holders of securities in the Company as the
denominator for the calculations by which they determine if they
are required to notify their interest in, or a change to their
interest in, the Company.
For further information please
contact:
|
Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall
|
Tel: +44 1534 679 800
Tel: +44 7817 841 793
|
|
Cavendish Capital Markets Limited (Nomad and Joint
Broker)
Adrian Hadden
Pearl Kellie
|
Tel: +44 207 397 1965
Tel: +44 131 220 9775
|
|
Panmure Liberum (Joint Broker)
Scott Mathieson
Matt Hogg
|
Tel: +44 20 3100 2000
|
|
Camarco, Financial PR (UK)
Gordon Poole
Julia Tilley
Elfie Kent
|
Tel: +44 20 3757 4980
|
|
3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham
|
Tel: +1 917 991 7701
Tel: +1 203 940 2538
|
|
Curate Public Relations (Zimbabwe)
Debra Tatenda
|
Tel: +263 77802131
|
|
IH
Securities (Private) Limited (VFEX Sponsor
- Zimbabwe)
Lloyd Mlotshwa
|
Tel: +263 (242) 745
119/33/39
|
Note: 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.
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
|
James Mufara
|
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Operations Officer
|
|
|
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
|
Issue of securities
|
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
US$15.02
|
14,694
|
|
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
14,694
US$15.02
|
|
|
e)
|
Date of the transaction
|
September 30, 2024
|
|
|
f)
|
Place of the transaction
|
AIM of the London Stock Exchange
plc
|
|