Caledonia Mining reports executive Victor Gapare's trust acquired 12,449 shares, now holding 12.56% of issued shares.
Quiver AI Summary
Caledonia Mining Corporation Plc announced that on May 15, 2025, Toziyana Resources Limited, the company's largest shareholder, purchased 12,449 common shares at an average price of $14.47 per share. This transaction was disclosed by Victor Gapare, an executive director of Caledonia and the settlor of the trust that owns Toziyana. Following this acquisition, Gapare's interest in Caledonia now amounts to 12.56% of the company's issued share capital. The company provided further contact details for inquiries related to the announcement.
Potential Positives
- Toziyana Resources Limited, the largest shareholder in Caledonia, has increased its stake by purchasing 12,449 common shares, indicating confidence in the company's future performance.
- Mr. Victor Gapare, an executive director, now holds an interest in 12.56% of the Company's issued share capital, which may align management interests with those of shareholders.
Potential Negatives
- The announcement of insider purchasing could raise concerns about corporate governance and the appropriateness of such transactions, especially if it appears to lack transparency or if conflicts of interest are perceived.
- The fact that the largest shareholder is also an executive director may lead to scrutiny regarding the influence of insider ownership on decision-making and potential risks for minority shareholders.
- The timing of the purchase, shortly before the announcement, may create perceptions of opportunism or a lack of confidence in the company's future outside of this purchase context.
FAQ
What recent transaction did Victor Gapare undertake with Caledonia Mining shares?
Victor Gapare, an executive director of Caledonia, purchased 12,449 common shares at $14.47 each on May 15, 2025.
How much of Caledonia Mining does Victor Gapare own now?
After the recent purchases, Victor Gapare holds an interest in 12.56% of Caledonia Mining's issued share capital.
Who is the largest shareholder in Caledonia Mining Corporation?
The largest shareholder in Caledonia Mining Corporation is Toziyana Resources Limited, controlled by Victor Gapare's trust.
What is the purpose of the notification regarding Victor Gapare's shares?
The notification discloses transactions by individuals in managerial positions, ensuring transparency in share ownership changes.
Which stock exchanges are associated with Caledonia Mining Corporation?
Caledonia Mining Corporation is listed on NYSE American, AIM, and VFEX stock exchanges.
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
We have seen 39 institutional investors add shares of $CMCL stock to their portfolio, and 51 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GSA CAPITAL PARTNERS LLP added 52,819 shares (+inf%) to their portfolio in Q1 2025, for an estimated $659,709
- VAN ECK ASSOCIATES CORP removed 51,923 shares (-8.2%) from their portfolio in Q1 2025, for an estimated $648,518
- DIMENSIONAL FUND ADVISORS LP added 49,906 shares (+15.9%) to their portfolio in Q1 2025, for an estimated $623,325
- LOS ANGELES CAPITAL MANAGEMENT LLC added 48,003 shares (+67.2%) to their portfolio in Q1 2025, for an estimated $599,557
- GLOBEFLEX CAPITAL L P added 46,289 shares (+inf%) to their portfolio in Q4 2024, for an estimated $435,579
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC removed 37,400 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $351,934
- SQUAREPOINT OPS LLC removed 35,843 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $337,282
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ST HELIER, Jersey, May 19, 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 16, 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, 12,449 common shares in the Company on May 15, 2025 at a volume weighted average price of $14.47 per share (the “Purchases”).
Following the Purchases, Mr Victor Gapare now holds an interest, as the settlor of that trust, in common shares representing 12.56 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
| 1 |
Details of the person discharging managerial responsibilities/person closely associated
|
||
| a) | Name |
Victor Gapare
|
|
| 2 |
Reason for the notification
|
||
| a) |
Position/status
|
Executive Director | |
| 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 instrument
Identification code |
Common shares of no par value
JE00BF0XVB15 |
|
| b) |
Nature of the transaction
|
Purchase of securities | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| US$14.47 | 12,449 | ||
| d) |
Aggregated information
- Aggregated volume - Price |
N/A | |
| e) |
Date of the transaction
|
May 15, 2025 | |
| f) | Place of the transaction |
NYSE American LLC
|
|
