RNS Number : 2442V
Caledonia Mining Corporation PLC
05 July 2024
 

Caledonia Mining Corporation Plc

(NYSE American: CMCL; AIM: CMCL; VFEX: CMCL)

Exercise of share options

 

St Helier, July 5, 2024:  Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that a consultant to the Company who was issued share options in 2017 has exercised options in respect of, and the Company has instructed the issue and allotment of, 5,000 common shares of no par value each in the Company (the "Option Shares"). The exercise price was US$7.35 per Option Share. 

Application has been made by Caledonia for a number of depositary interests equivalent to the Option Shares to be admitted to trading on AIM and it is anticipated that trading in such securities will commence on July 10, 2024. 

Following the issue of the Option Shares, the Company will have a total number of shares in issue of 19,199,860 common shares of no par value each. Caledonia has no shares in treasury; therefore, this figure may be used by holders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company.

 

Enquiries:

 

Caledonia Mining Corporation Plc

Mark Learmonth

Camilla Horsfall

 

 

 

 

Tel: +44 1534 679 800

Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker)

Adrian Hadden

Pearl Kellie

 

 

Tel: +44 207 397 1965

Tel: +44 131 220 9775

Panmure Liberum Limited (Joint Broker)

Scott Mathieson

Matt Hogg

 

Tel: +44 20 3100 2000

Camarco, Financial PR (UK)

Gordon Poole

Julia Tilley

Elfie Kent

 

Tel: +44 20 3757 4980

3PPB (Financial PR, North America)

Patrick Chidley

Paul Durham

 

Tel: +1 917 991 7701

Tel: +1 203 940 2538

 

Curate Public Relations (Zimbabwe)

Debra Tatenda

 

Tel: +263 77802131

IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)

Lloyd Mlotshwa

 

 

Tel: +263 (242) 745 119/33/39

 

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