Caledonia Mining announces Toziyana Resources purchased 2,280 shares at $16.96, increasing Victor Gapare's interest to 12.57%.
Quiver AI Summary
Caledonia Mining Corporation Plc announced that Victor Gapare, an executive director and settlor of a discretionary trust owning shares in the company's largest shareholder, Toziyana Resources Limited, has facilitated the purchase of 2,280 common shares of Caledonia on May 20, 2025, at an average price of $16.96 per share. Following this transaction, Gapare holds an interest in common shares amounting to 12.57 percent of the company's issued share capital. The announcement highlights the transaction details and provides contact information for further inquiries.
Potential Positives
- Mr. Victor Gapare, an executive director, has increased his ownership stake in Caledonia to 12.57% of the issued share capital, demonstrating strong personal conviction in the company's performance and future prospects.
- The purchase at a volume weighted average price of $16.96 per share may indicate confidence in the company's current valuation, potentially reassuring investors about the stock's price stability.
Potential Negatives
- Notification of share purchases by an executive director may raise concerns about insider trading and conflicts of interest.
- Concentration of ownership, with Mr. Victor Gapare controlling 12.57% of the company, could lead to potential governance issues and limited shareholder influence.
- The modest volume of newly purchased shares may indicate a lack of strong market confidence in the company's performance or growth prospects.
FAQ
What recent share purchase occurred at Caledonia Mining Corporation?
On May 20, 2025, Toziyana Resources purchased 2,280 common shares at $16.96 per share.
Who is Victor Gapare?
Victor Gapare is an executive director of Caledonia Mining Corporation and the settlor of a discretionary trust owning shares in Toziyana Resources.
What percentage of Caledonia does Victor Gapare control?
Victor Gapare, as the trust settlor, holds an interest in 12.57% of Caledonia's issued share capital.
When did the share transaction take place?
The transactions took place on May 20, 2025.
Where can I find more information about Caledonia Mining Corporation?
Further details can be found by contacting Caledonia Mining Corporation directly or visiting their official website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CMCL Hedge Fund Activity
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Full Release
ST HELIER, Jersey, May 21, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) ("Caledonia" or "the Company") announces that it received notification on May 20, 2025 from Mr Victor Gapare, an executive director of Caledonia and the settlor of a discretionary trust which ultimately owns the shares in Toziyana Resources Limited, the largest shareholder in the Company, (“Toziyana”) that Toziyana has purchased, in aggregate, 2,280 common shares in the Company on May 20, 2025 at a volume weighted average price of $16.96 per share (the “Purchases”).
Following the Purchases, Mr Victor Gapare now holds an interest, as the settlor of that trust, in common shares representing 12.57 per cent. of the Company’s issued share capital.
A copy of the notification is below.
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 (Joint Broker)
Scott Mathieson/ Ailsa MacMaster |
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 |
| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM | |||
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Victor Gapare
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2
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Reason for the notification
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a)
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Position/status
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Executive Director | |
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b)
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Initial notification/ Amendment |
Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Caledonia Mining Corporation Plc | |
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b)
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LEI |
21380093ZBI4BFM75Y51
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4
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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
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| a) |
Description of the financial instrument, type of instrument
Identification code |
Common shares of no par value
JE00BF0XVB15 |
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b)
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Nature of the transaction
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Purchase of securities | |
| c) |
Price(s) and volume(s)
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Price(s) | Volume(s) |
| US$16.96 | 2,280 | ||
| d) |
Aggregated information
- Aggregated volume - Price |
N/A | |
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e)
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Date of the transaction
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May 20, 2025 | |
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f)
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Place of the transaction |
NYSE American LLC
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