Share Issue/Capital Change • Mar 25, 2021
Share Issue/Capital Change
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RNS Number : 3589T
Capital Limited
25 March 2021
| FOR IMMEDIATE RELEASE | 25 March 2021 |
Capital Limited
("Capital", the "Group" or the "Company")
Issue of Equity, Director / PDMR shareholding and Total Voting Rights
Capital (LSE: CAPD), a leading mining services company focused on the African markets, today announces that it has issued 1,273,935 new common shares to employees pursuant to the terms of the Company's Discretionary Share Incentive Scheme awarded in 2018 and Short Time Incentive Plan awarded in 2019. The new common shares will rank pari passu with the Company's existing common shares.
Pursuant to the terms of the Company's employee share schemes, of the 1,273,935 shares issued, Directors of the Company received 390,013 shares and other PDMRs of the Company have received a total of 537,027 shares:
1. 247,509 new common shares awarded to Jamie Phillip Boyton, Executive Chairman of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020; and,
2. 142,504 new common shares awarded to Brian Rudd, Executive Director of the Company, at a price of 29p per share under the Group's Short Time Incentive Plan. This represents a previously approved award with a share price value date of 19 March 2020.
Application has been made to the London Stock Exchange and admission of the shares is expected on or around 29 March 2021, following which; the Company's issued share capital will comprise 190,054,838 common shares of $0.0001 each. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.
- ENDS -
For further information, please visit Capital Limited's website www.capdrill.com or contact:
Capital Limited +230 464 3250
Jamie Boyton, Executive Chairman [email protected]
Giles Everist, Chief Financial Officer
Rick Robson, Executive - Corporate Development
Berenberg +44 20 3207 7800
Matthew Armitt
Jennifer Wyllie
Detlir Elezi
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Buchanan +44 20 7466 5000
Bobby Morse [email protected]
Kelsey Traynor
James Husband
About Capital Limited
Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The Company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. The Group's corporate headquarters are in Mauritius and it has established operations in Burkina Faso, Cameroon, Côte d'Ivoire, Egypt, Guinea, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.
Notification of transactions by PDMRs
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Jamie Phillip Boyton
2.
Reason for the notification
a.
Position/status
Executive Chairman
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 247,509 |
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Brian Rudd
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
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 142,504 |
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Jodie Raymond North
2.
Reason for the notification
a.
Position/status
Chief Operating Officer
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 116,669 |
| 50.5p | 27,829 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 33.14p | 144,498 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
David Regan Payne
2.
Reason for the notification
a.
Position/status
Executive - Commercial
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 72,335 |
| 50.5p | 30,360 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 35.36p | 102,695 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Anthony Charles Woolfe
2.
Reason for the notification
a.
Position/status
Executive - Assets
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 60,739 |
| 50.5p | 12,650 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 32.71p | 73,389 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Ryan James Petersen
2.
Reason for the notification
a.
Position/status
Executive - Maintenance
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 46,265 |
| 50.5p | 12,649 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 33.62p | 58,914 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
John David Luck
2.
Reason for the notification
a.
Position/status
Executive - Inventory
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 52,660 |
| 50.5p | 7,590 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 31.71p | 60,250 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Richard Peter Monaghan
2.
Reason for the notification
a.
Position/status
Executive - HSE
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 35,106 |
| 50.5p | 7,590 |
d.
Aggregated information
· Aggregated volume
· Price
| Weighted average price | Aggregated Volume(s) |
| 32.82p | 42,696 |
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Stuart Patrick Thomson
2.
Reason for the notification
a.
Position/status
CEO - MSALABS
b.
Initial notification/Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Capital Limited
b.
LEI
213800XG175G91JW8W37
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 $0.0001 each
BMG022411000
b.
Nature of the transaction
Award of common shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 29p | 54,585 |
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
25 March 2021
f.
Place of the transaction
Outside of trading venue
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