Caledonia Mining Corporation Plc Purchase of Securities by Director


ST. HELIER, Jersey, June 14, 2019 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (“Caledonia” or the “Company”) announces that it received notice today that Steve Curtis, a director and the Chief Executive Officer, has purchased a total of 3,500 depositary interests representing the same number of common shares of no par value each in the Company at a price per depositary interest of GBP4.10 each.  Following this transaction, Mr Curtis has an interest in 164,882 shares in the Company representing approximately 1.53 per cent of the issued share capital of Caledonia. 

Further details of the transaction are set out below.  For further information please contact:

Caledonia Mining Corporation Plc
 
Mark LearmonthTel: +44 1534 679 802
Maurice MasonTel: +44 759 078 1139 
  
WH Ireland
 
Adrian Hadden/Jessica Cave/James Sinclair-FordTel: +44 20 7220 1751 
  
Blytheweigh
 
Tim Blythe/Camilla Horsfall/Megan Ray 
 
Tel: +44 207 138 3204 

Note:  This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014.

      
1Details of the person discharging managerial responsibilities/person closely associated 
      
a)Name Steve Curtis  
      
2Reason for the notification
      
a)Position/status Director and Chief Executive Officer  
      
b)Initial notification/Amendment Initial notification  
      
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
      
a)Name Caledonia Mining Corporation Plc  
      
b)LEI 21380093ZBI4BFM75Y51  
      
4Details 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 Depositary interests representing common shares of no par value  
      
 Identification code JE00BF0XVB15  
      
b)Nature of the transaction Purchase of securities  
      
c)Price(s) and volume(s) Price(s) Volume(s) 
   GBP4.103,500 
      
d)Aggregated information    
      
 - Aggregated volume 3,500  
      
 - Price GBP4.10  
      
e)Date of the transaction 14 June 2019  
      
f)Place of the transaction AIM of the London Stock Exchange plc