Caledonia Mining Corporation Announces Share Purchases by Executive Director Victor Gapare

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

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 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:

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.