December 14, 2016 09:23 ET
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
Caledonia Mining Corporation PlcMark LearmonthCFO+44 1534 702 email@example.comCaledonia Mining Corporation PlcMaurice MasonInvestor Relations+44 759 078 firstname.lastname@example.orgWH IrelandAdrian Hadden/Nick Prowting+44 20 7220 1751BlytheweighTim Blythe/Camilla Horsfall/Megan Ray+44 20 7138 3204
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