ST HELIER, Jersey, Aug. 10, 2018 (GLOBE NEWSWIRE) -- Caledonia (NYSE American: CMCL; AIM: CMCL; TSX: CAL) announces that it received notice today that Leigh Wilson, a director and the Chairman, has purchased a total of 4,000 common shares of no par value each in the Company at an average price per share of USD8.435. Following this transaction, Mr Wilson holds 52,000 shares in the Company representing approximately 0.49 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 Learmonth Maurice Mason | Tel: +44 1534 679 802 Tel: +44 759 078 1139 |
| WH Ireland Adrian Hadden/Ed Allsopp | Tel: +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.
[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 | Leigh Wilson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director and Chairman | |
| 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 | Common shares of no par value JE00BF0XVB15 | |
| b) | Nature of the transaction | Purchase of shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| USD8.45 | 3,855 | ||
| USD8.03 | 145 | ||
| d) | Aggregated information - Aggregated volume - Price | 4,000 USD8.435 each | |
| e) | Date of the transaction | 10 August 2018 | |
| f) | Place of the transaction | NYSE American | |
