TIDMGCAT

RNS Number : 5791Z

Caracal Gold PLC

16 May 2023

16 May 2023

Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining

Caracal Gold plc ('Caracal' or the 'Company')

Director/PDMR Shareholding

Further to the announcement released on 12 May 2023, the full details of the PDMR Notification of Dealing Form for Caracal Gold plc is below.

The notification is made in accordance with the requirements of the Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
      Details of the person discharging managerial responsibilities/person 
  1    closely associated 
     --------------------------------------------------------------------------- 
 a)   Name                        Mr. Gerard Kisbey-Green 
---  --------------------------  ----------------------------------------------- 
      Reason for the notification 
  2 
---  --------------------------------------------------------------------------- 
 a)   Position/status             Non-executive Director 
---  --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
---  --------------------------  ----------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------------- 
 a)   Name                        Caracal Gold Plc 
---  --------------------------  ----------------------------------------------- 
 b)   LEI                         213800YH9S57GVOPU624 
---  --------------------------  ----------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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          Ordinary shares 
       financial instrument, 
       type of instrument 
       Identification code 
---  --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   The transaction involved the transfer 
                                   of 55,300,000 ordinary shares in Caracal 
                                   Gold plc from Theseus Enterprises Limited 
                                   to Mill End Limited in terms of a Directors 
                                   undertaking (effectively a share pledge) 
                                   between Theseus and Mill End. Gerard 
                                   Kisbey-Green, Non-executive Director 
                                   of Caracal Gold Plc is the sole owner 
                                   of a company called Theseus Enterprises 
                                   Limited. On admission of Caracal Gold 
                                   plc Gerard Kisbey-Green had nominated 
                                   to have his share entitlement in Caracal 
                                   Gold plc issued in the name of Theseus 
                                   Enterprises Limited. On 22 June 2022 
                                   Gerard Kisbey-Green signed a "Directors 
                                   undertaking" (effectively a share pledge), 
                                   along with a fellow Director, over Theseus' 
                                   55,300,000 shares in Caracal, as part 
                                   of a financing transaction between Caracal 
                                   and Mill End Limited. This pledge was 
                                   subsequently called (in terms of the 
                                   agreement) and Theseus transferred 55,300,000 
                                   ordinary Caracal Gold Plc shares to Mill 
                                   End Limited on 3 February 2023. 
---  --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s) 
                                      (GBP)      Volume(s)    Total 
                                      GBP0.003   55,300,000   149,310 
                                                -----------  -------- 
---  --------------------------  ----------------------------------------------- 
 d)   Aggregated information:       Price(s) 
       Aggregated volume              (GBP)      Volume(s)    Total 
       Aggregated price               GBP0.003   55,300,000   149,310 
                                                -----------  -------- 
---  --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     03/02/2023 
---  --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London 
---  --------------------------  ----------------------------------------------- 
 
 
      Details of the person discharging managerial responsibilities/person 
  1    closely associated 
     --------------------------------------------------------------------------- 
 a)   Name                        Mr. Robert Andrew McCrae 
---  --------------------------  ----------------------------------------------- 
      Reason for the notification 
  2 
---  --------------------------------------------------------------------------- 
 a)   Position/status             Executive Director 
---  --------------------------  ----------------------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
---  --------------------------  ----------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------------- 
 a)   Name                        Caracal Gold Plc 
---  --------------------------  ----------------------------------------------- 
 b)   LEI                         213800YH9S57GVOPU624 
---  --------------------------  ----------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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          Ordinary shares 
       financial instrument, 
       type of instrument 
       Identification code 
---  --------------------------  ----------------------------------------------- 
 b)   Nature of the transaction   The transaction involves the transfer 
                                   of 98,500,000 ordinary shares in Caracal 
                                   Gold Plc from Mansa Capital Limited to 
                                   Mill End Limited in terms of a Directors 
                                   undertaking (effectively a share pledge) 
                                   between Mansa Capital Limited and Mill 
                                   End Limited. Robert Andrew Mc Crae, Executive 
                                   director of Caracal Gold Plc is the sole 
                                   owner of a company called Mansa Capital 
                                   Limited. On admission of Caracal Gold 
                                   Plc, Robert Andrew Mc Crae had nominated 
                                   to have his share entitlement in Caracal 
                                   Gold Plc issued in the name of Mansa 
                                   Capital Limited on the 18th of April 
                                   2023. Robert Andrew Mc Crae signed a 
                                   "Directors undertaking "(Effectively 
                                   a share pledge), along with a fellow 
                                   director, over Mansa Capital Limited 
                                   98,500,000 shares in Caracal Gold Plc, 
                                   as part of a financing transaction between 
                                   Caracal Gold Plc and Mill End Limited. 
                                   This pledge was subsequently called (in 
                                   terms of the agreement) and Mansa Capital 
                                   Limited transferred 98,500,000 Ordinary 
                                   Caracal Gold Plc shares to Mill End Limited 
                                   on the 18th of April 2023. 
---  --------------------------  ----------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s) 
                                      (GBP)      Volume(s)    Total 
                                      GBP0.003   98,500,000   295,500 
                                                -----------  -------- 
---  --------------------------  ----------------------------------------------- 
 d)   Aggregated information:       Price(s) 
       Aggregated volume              (GBP)      Volume(s)    Total 
       Aggregated price               GBP0.003   98,500,000   295,500 
                                                -----------  -------- 
---  --------------------------  ----------------------------------------------- 
 e)   Date of the transaction     18/04/2023 
---  --------------------------  ----------------------------------------------- 
 f)   Place of the transaction    London 
---  --------------------------  ----------------------------------------------- 
 

For further information visit www.caracalgold.com or contact the following:

 
  Caracal Gold plc                         robbie@kilimapesa.com 
   Robbie McCrae 
  VSA Capital Limited 
   Financial Adviser and Joint Broker 
   Andrew Raca (Corporate Finance)         +44 203 005 5000 
                                         ----------------------- 
  DGWA, the German Institute for Asset     info@dgwa.org 
   and 
   Equity Allocation and Valuation 
   European Investor and Corporate 
   Relations Advisor 
   Katharina Löckinger 
                                         ----------------------- 
 

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END

DSHNKABQCBKKCPD

(END) Dow Jones Newswires

May 16, 2023 05:51 ET (09:51 GMT)

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