EXHIBIT 99.1
Caledonia Mining Corporation Plc: Sale of securities by director
ST HELIER, Jersey, June 08, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE American: CMCL; AIM: CMCL; TSX: CAL) (the “Company” or “Caledonia”) announces that it has been notified today that Mark Learmonth, a director of Caledonia, has sold 10,000 depositary interests in common shares of the Company. Mr Learmonth now holds 139,775 depositary interests which represent a holding of approximately 1.2% of the share capital of the Company.
Further details of the transaction are set out in the notification 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/James Sinclair-Ford
|
Tel: +44 20 7220 1751 |
Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Ray |
Tel: +44 207 138 3204 |
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 | Mark Learmonth
|
| 2 | Reason for the notification
|
| a) | Position/status
| Director and Chief Financial Officer |
| 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 | Depositary interests representing common shares of no par value
JE00BF0XVB15
|
| b) | Nature of the transaction
| Sale of securities |
| c) | Price(s) and volume(s) | | Price(s) | Volume(s) | |
| | | | GBP12.025 | 10,000 | |
| | | | | | |
| | | |
| d) | Aggregated information
- Aggregated volume
- Price
|
10,000
GBP12.025 |
| e) | Date of the transaction
| 8 June 2020 |
| f) | Place of the transaction | AIM of the London Stock Exchange plc
|
