ST HELIER, CHANNEL ISLANDS--(Marketwired - Dec. 14, 2016) - Caledonia Mining Corporation Plc
(TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) ("Caledonia" or the "Company") announces that it received notice yesterday that
Mr Johan Holtzhausen (an independent non-executive director and chairman of the audit committee) has exercised options over
90,000 common shares of no par value each ("Option Shares") in the Company at an exercise price of 72 Canadian cents per share.
Caledonia will apply for these 90,000 Option Shares to be admitted to trading on AIM and it is anticipated that trading in such
shares will commence on 20 December 2016 ("Admission"). Following Admission, Mr. Holtzhausen will hold 90,000 Caledonia common
shares, representing approximately 0.18 per cent of the total number of common shares in issue.
The total number of shares in issue following Admission will be 52,787,428.
Caledonia has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for
the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in,
the share capital of the Company under the FCA's Disclosure and Transparency Rules.
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 |
Johan Holtzhausen |
| 2 |
Reason for the notification |
| a) |
Position/status |
Non-Executive Director |
| 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 |
Common Shares of no par value each |
| |
|
|
| |
Identification code |
JE00BD35H902 |
| b) |
Nature of the transaction |
Exercise of share options |
| c) |
Price(s) and volume(s) |
|
Price(s) |
Volume(s) |
|
| |
72 Canadian cents |
90,000 |
|
| |
|
|
| d) |
Aggregated information |
|
| |
- Aggregated volume |
90,000 |
| |
- Price |
72 Canadian cents |
| e) |
Date of the transaction |
13 December 2016 |
| f) |
Place of the transaction |
London Stock Exchange, AIM |