Last checked at 25 Mar 2020 07:00
For Immediate Release | 25 March 2020 |
Capital Drilling Limited
("Capital Drilling", the "Group" or the "Company")
Issue of Equity, Director/PDMR shareholding and Total Voting Rights
Capital Drilling Limited (CAPD: LN), a leading mining services company focused on the African markets, today announces that it has issued 731,950 new common shares pursuant to terms of the Company's employee share schemes, awarded in the previously approved 2017 and 2018 bonus scheme. The new common shares will rank pari passu with the existing common shares.
Pursuant to the terms of the Company's employee share scheme, of the 731,950 shares, Directors received 318,775 as detailed below, and other PDMRs of the Company have received a total of 168,252 shares:
1. 265,646 new common shares awarded to Jamie Boyton, Executive Chairman of the Company, at a price of 50.5p per share under the Group's Discretionary Bonus Scheme. This represents a previously approved award relating to the 2018 bonus scheme, with a share price value date of 29 March 2019; and,
2. 53,129 new common shares awarded to Brian Rudd, Executive Director of the Company, at a price of 50.5p per share under the Group's Discretionary Bonus Scheme. This represents a previously approved award relating to the 2018 bonus scheme, with a share price value date of 29 March 2019.
The shares are expected to be issued and allotted on 26 March 2020. Application has been made to the London Stock Exchange and admission of the shares is expected on or around 27 March 2020, following which; the Company's issued share capital will comprise 136,980,903 common shares of $0.0001 each. This figure may be used by shareholders as denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, Capital Drilling under the FCA's Disclosure and Transparency Rules.
- ENDS -
For further information, please visit Capital Drilling's website www.capdrill.com or contact:
Capital Drilling Limited +230 464 3250
Jamie Boyton, Executive Chairman investor@capdrill.com
André Koekemoer, Chief Financial Officer
Peel Hunt LLP +44 20 7418 8900
Ross Allister
Alexander Allen
Tamesis Partners LLP +44 20 3882 2868
Charlie Bendon
Richard Greenfield
Buchanan +44 20 7466 5000
Bobby Morse capitaldrilling@buchanan.uk.com
Kelsey Traynor
James Husband
About Capital Drilling
Capital Drilling is a leading mining services business providing a complete range of drilling and mine site services to mineral exploration and mining companies, with a focus on the African markets. The company's services include: exploration, development, drill and blast and grade control drilling for surface and underground projects and load and haul services. The Group's corporate headquarters are in Mauritius and it has established operations in Botswana, Burkina Faso, Côte d'Ivoire, Egypt, Mali, Mauritania, Namibia, Nigeria and Tanzania.
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||
b. | Nature of the transaction | Award of common shares | ||||
c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price |
See above | ||||
e. | Date of the transaction | 26 March 2020 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||
b. | Nature of the transaction | Award of common shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||
e. | Date of the transaction | 26 March 2020 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a. | Name | André Tertius Koekemoer | ||||||
2. | Reason for the notification | |||||||
a. | Position/status | Chief Financial 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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||||
b. | Nature of the transaction | Award of common shares | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||||
e. | Date of the transaction | 26 March 2020 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||||
b. | Nature of the transaction | Award of common shares | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||||
e. | Date of the transaction | 26 March 2020 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||||
b. | Nature of the transaction | Award of common shares | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||||
e. | Date of the transaction | 26 March 2020 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
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 - Asset Management | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Capital Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||
b. | Nature of the transaction | Award of common shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||
e. | Date of the transaction | 26 March 2020 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a. | Name | Ryan James Peterson | ||||||
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||||
b. | Nature of the transaction | Award of common shares | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||||
e. | Date of the transaction | 26 March 2020 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||
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 Management | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Capital Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||
b. | Nature of the transaction | Award of common shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||
e. | Date of the transaction | 26 March 2020 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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 Drilling 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 | $0.0001 Ordinary Shares BMG0224110000 | ||||
b. | Nature of the transaction | Award of common shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price |
See above | ||||
e. | Date of the transaction | 26 March 2020 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||