Caledonia Mining Corporation PLC Results of Share Consolidation (2217J)
27 June 2017 - 4:01PM
UK Regulatory
TIDMCMCL
RNS Number : 2217J
Caledonia Mining Corporation PLC
27 June 2017
Caledonia Mining Corporation Plc
(TSX: CAL, OTCQX: CALVF, AIM: CMCL)
Results of Share Consolidation
St Helier, June 27, 2017: Caledonia Mining Corporation Plc (the
"Company") announces that following the approval by shareholders at
the annual general meeting of the Company held on Monday, June 19,
2017 of the share consolidation and the purchase of fractional
entitlements to post-consolidation common shares of the Company
(the "Common Shares") and the fixing of the "Effective Time" for
the consolidation, being the time that the board of directors of
the Company was authorised by the shareholders to determine as the
time for the consolidation to occur, the Company's share
consolidation became effective at 5pm (Eastern Time) on June 26,
2017.
The Company's issued share capital as at 7am (UK time) on June
27, 2017 consisted of 10,552,167 Common Shares (of which 3,406,082
are represented by depositary interests in Common Shares that are
traded on AIM (the "Depositary Interests")). There are no shares
held in treasury. The total number of voting rights in the Company
is therefore 10,552,167 and this figure (subject to the
announcement of the final issued share capital of the Company, as
mentioned below) may be used by shareholders 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.
Due to the purchase and cancellation of fractional entitlements
held through Cede & Co and CDS & Co in North America, the
process of the consolidation will not be finalised for
approximately a further 48 hours. Following this, a further
announcement will be made to confirm the final issued share capital
of the Company which is expected to occur on June 30, 2017.
The CUSIP number in respect of the post-consolidation Common
Shares is G1757E113 and the ISIN code in respect of the
post-consolidation Depositary Interests is JE00BF0XVB15.
For further information please contact:
Caledonia Mining Corporation
Plc Tel: +44 1534 679 802
Mark Learmonth Tel: +44 759 078 1139
Maurice Mason
WH Ireland
Adrian Hadden/Ed Allsopp Tel: +44 20 7220 1751
Blytheweigh
Tim Blythe/Camilla Horsfall/Megan Tel: +44 207 138 3204
Ray
This information is provided by RNS
The company news service from the London Stock Exchange
END
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