16 May 2023
Caracal Gold plc / EPIC: GCAT / Market: Main / Sector: Mining
Caracal Gold plc ('Caracal' or the 'Company')
Director/PDMR Shareholding
Further to the announcement released on 12 May 2023, the full details of the PDMR Notification of Dealing Form for Caracal Gold plc is below.
The notification is made in accordance with the requirements of the Market Abuse Regulation.
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 | Mr. Gerard Kisbey-Green | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-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 | 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 Identification code | Ordinary shares | ||||||
| b) | Nature of the transaction | The transaction involved the transfer of 55,300,000 ordinary shares in Caracal Gold plc from Theseus Enterprises Limited to Mill End Limited in terms of a Directors undertaking (effectively a share pledge) between Theseus and Mill End. Gerard Kisbey-Green, Non-executive Director of Caracal Gold Plc is the sole owner of a company called Theseus Enterprises Limited. On admission of Caracal Gold plc Gerard Kisbey-Green had nominated to have his share entitlement in Caracal Gold plc issued in the name of Theseus Enterprises Limited. On 22 June 2022 Gerard Kisbey-Green signed a "Directors undertaking" (effectively a share pledge), along with a fellow Director, over Theseus' 55,300,000 shares in Caracal, as part of a financing transaction between Caracal and Mill End Limited. This pledge was subsequently called (in terms of the agreement) and Theseus transferred 55,300,000 ordinary Caracal Gold Plc shares to Mill End Limited on 3 February 2023. | ||||||
| c) | Price(s) and volume(s) |
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| d)
| Aggregated information: Aggregated volume Aggregated price |
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| e) | Date of the transaction | 03/02/2023 | ||||||
| f) | Place of the transaction | London | ||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Mr. Robert Andrew McCrae | ||||||
| 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 | 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 Identification code | Ordinary shares | ||||||
| b) | Nature of the transaction | The transaction involves the transfer of 98,500,000 ordinary shares in Caracal Gold Plc from Mansa Capital Limited to Mill End Limited in terms of a Directors undertaking (effectively a share pledge) between Mansa Capital Limited and Mill End Limited. Robert Andrew Mc Crae, Executive director of Caracal Gold Plc is the sole owner of a company called Mansa Capital Limited. On admission of Caracal Gold Plc, Robert Andrew Mc Crae had nominated to have his share entitlement in Caracal Gold Plc issued in the name of Mansa Capital Limited on the 18th of April 2023. Robert Andrew Mc Crae signed a "Directors undertaking "(Effectively a share pledge), along with a fellow director, over Mansa Capital Limited 98,500,000 shares in Caracal Gold Plc, as part of a financing transaction between Caracal Gold Plc and Mill End Limited. This pledge was subsequently called (in terms of the agreement) and Mansa Capital Limited transferred 98,500,000 Ordinary Caracal Gold Plc shares to Mill End Limited on the 18th of April 2023. | ||||||
| c) | Price(s) and volume(s) |
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| d)
| Aggregated information: Aggregated volume Aggregated price |
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| e) | Date of the transaction | 18/04/2023 | ||||||
| f) | Place of the transaction | London | ||||||
For further information visit www.caracalgold.com or contact the following:
| Caracal Gold plc Robbie McCrae | robbie@kilimapesa.com |
| VSA Capital Limited Financial Adviser and Joint Broker Andrew Raca (Corporate Finance)
| +44 203 005 5000 |
| DGWA, the German Institute for Asset and Equity Allocation and Valuation European Investor and Corporate Relations Advisor Katharina Löckinger | info@dgwa.org |
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