Caracal Gold PLC Director Share Purchase (7475J)
28 April 2022 - 11:33PM
UK Regulatory
TIDMGCAT
RNS Number : 7475J
Caracal Gold PLC
28 April 2022
Caracal Gold plc / EPIC: GCAT / Market: Main / Sector:
Mining
28 April 2022
Caracal Gold plc ('Caracal' or the 'Company')
Director Share Purchase
Caracal Gold plc, the expanding East African gold producer with
over 650,000oz JORC-compliant gold resources, announces that its
Chief Executive, Robbie McCrae , has purchased 4,050,000 ordinary
shares in the Company at an average price of 1.0386p per share for
a total cost of GBP42,062.00, as set out below.
Following these purchases, Robbie McCrae owns 102,500,000
ordinary shares, representing 5.6 per cent of the issued share
capital in the Company.
Notification and public disclosure of transactions by person
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities / person closely associated
---------------------------------------------------------------------------------------------------------------
a) Name Mr Robbie McCrae
----- ------------------------------------------------------------------ -------------------------------------------
2 Reason for the notification
----- ---------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
----- ------------------------------------------------------------------ -------------------------------------------
b) Initial notification /Amendment Initial notification
----- ------------------------------------------------------------------ -------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
----- ---------------------------------------------------------------------------------------------------------------
a) Name Caracal Gold plc
----- ------------------------------------------------------------------ -------------------------------------------
b) LEI 213800YH9S57GVOPU624
----- ------------------------------------------------------------------ -------------------------------------------
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 Ordinary shares of no par value each
Identification code ISIN: GB00BYZC5R04
----- ------------------------------------------------------------------ -------------------------------------------
b) Nature of the transaction Ordinary shares of GBP0.001 par value each
----- ------------------------------------------------------------------ -------------------------------------------
Price Volume
---------- -----------
c) Price(s) and volume(s) 0.00937 100,000
0.0094 300,000
0.0098 400,000
0.01 200,000
0.0102 200,000
0.0104 800,000
0.0105 1,300,000
0.011 350,000
0.01125 300,000
0.0115 100,000
---------- -----------
----- ------------------------------------------------------------------ -------------------------------------------
d) Aggregated information:
Aggregated volume 4,050,000.00 ordinary share
Aggregated Price 1.0386p
Aggregated total GBP42,062.00
----- ------------------------------------------------------------------ -------------------------------------------
e) Date of the transaction 25-27 April 2022
----- ------------------------------------------------------------------ -------------------------------------------
f) Place of the transaction Outside of a trading venue
----- ------------------------------------------------------------------ -------------------------------------------
Prior to this announcement's release, the statement contained
inside information for the purposes of Article 7 of Regulation (EU)
596/2014 (MAR) (Market Abuse Regulation).
** ENDS **
For further information visit www.caracalgold.com or contact the
following:
Caracal Gold plc info@caracalgold.com
Robbie McCrae
Sheila Boit
VSA Capital Ltd
Financial Adviser and Joint
Broker
Andrew Raca (Corporate Finance)
Andrew Monk (Corporate Broking) +44 203 005 5000
---------------------------------
Clear Capital Markets Limited
Joint Broker +44 203 897 0981 / +44 203 869
Keith Swann / Jon Critchley 6086
---------------------------------
St Brides Partners Ltd info@stbridespartners.co.uk
Financial PR
Oonagh Reidy / Charlotte Page
/ Isabelle Morris
---------------------------------
DGWA, the German Institute for info@dgwa.org
Asset and
Equity Allocation and Valuation
European Investor and Corporate
Relations Advisor
Stefan Müller / Katharina
Löckinger
---------------------------------
Notes
Caracal Gold plc is an emerging East African focused gold
producer with a clear path to grow production and resources both
organically and through strategic acquisitions. Its aim is to
rapidly increase production to +50,000oz p.a. and build a JORC
compliant resource base of +3Moz.
Caracal is executing its growth strategy beyond its 100% owned
Kilimapesa Mine in Kenya by acquiring additional assets in Tanzania
in order to grow group resources. Its experienced team, with proven
track record in successfully developing and operating mining
projects throughout Africa continues to review other complementary
and strategically located projects in East Africa.
Caracal is a responsible mining and exploration company and
supports the positive social and economic change that it
contributes to the communities in the regions that it operates. It
is a proudly East African-focused company: it buys locally, employs
locally, and protects the environment and its employees and their
families' health, safety, and wellbeing.
Caracal's shares are quoted on the Main Market of the London
Stock Exchange (LON: GCAT) and on the Frankfurt Stock Exchange
(FSE: 6IK); a listing on the Nairobi Securities Exchange is
underway.
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END
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