TIDMCMCL

RNS Number : 4725G

Caledonia Mining Corporation PLC

30 May 2017

Caledonia Mining Corporation Plc

Purchase of Shares by a Director

(TSX: CAL, OTCQX: CALVF, AIM: CMCL)

May 30, 2017: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notice on May 26, 2017 that Mr Leigh Wilson, Chairman and a Director of the Company, has purchased a total of 25,000 shares in the Company at an approximate average price of US$1.23 per share. Following this transaction Mr Wilson owns 240,000 shares in the Company representing approximately 0.45 per cent of the issued share capital of the Company.

For further information please contact:

 
 Caledonia Mining Corporation        WH Ireland 
  Plc                                 Adrian Hadden/Nick Prowting 
  Mark Learmonth - CFO                Tel: +44 20 7220 1751 
  Tel: +44 1534 679 802 
  marklearmonth@caledoniamining.com 
 Maurice Mason - Investor            Blytheweigh 
  Relations                           Tim Blythe/Camilla Horsfall/Megan 
  Tel: +44 759 078 1139               Ray 
  mauricemason@caledoniamining.com    Tel: +44 20 7138 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                                           Chairman and Independent non-Executive Director, 
                                                                Caledonia Mining Corporation Plc 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Common shares of no par value each 
      instrument 
 
      Identification code                                        CUSIP: G1757E105 
                                                                 ISIN: JE00BD35H902 
---  --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Purchase of shares 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)      Volume(s) 
                                                                 ------------  ---------- 
                                                                  US$1.23       24,200 
                                                                   US$1.2290     600 
                                                                   US$1.2291     100 
                                                                   US$1.2291     100 
                                                                 ------------  ---------- 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)     Aggregated information 
          *    Aggregated volume                                  25,000 
                                                                  US$1.23 
 
          *    Price 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   26 May 2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  OTCQX, USA 
---  --------------------------------------------------------  -------------------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 30, 2017 02:02 ET (06:02 GMT)

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