TIDMCMCL

RNS Number : 7403M

Caledonia Mining Corporation PLC

16 January 2023

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

(NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

January 16, 2023: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notification on January 13, 2023 from Sales Promotion Services SA, a "significant shareholder" of the Company as defined by the AIM Rules for Companies, of a relevant change in its holding.

Upon the recent completion of the transaction to acquire Bilboes Gold Limited (see announcement by the Company on January 6, 2023), the Company issued 4,425,797 new shares representing 25.64 per cent of Caledonia's fully diluted share capital. The Company now has three new significant shareholders, as set out in the announcement, and, as a consequence, Sales Promotion Services SA has notified the Company that its percentage interest in the fully diluted share capital has decreased from 4.03% to 3.197%.

Enquiries:

 
 Caledonia Mining Corporation Plc 
  Mark Learmonth                            Tel: +44 1534 679 802 
  Camilla Horsfall                          Tel: +44 7817 841793 
 Cenkos Securities plc (Nomad and Joint 
  Broker)                                   Tel: +44 207 397 1965 
  Adrian Hadden                             Tel: +44 131 220 9771 
  Neil McDonald                             Tel: +44 131 220 9775 
  Pearl Kellie 
 Liberum Capital Limited (Joint Broker) 
  Scott Mathieson/Kane Collings             Tel: +44 20 3100 2000 
 BlytheRay Financial PR 
  Tim Blythe/Megan Ray                      Tel: +44 207 138 3204 
 3PPB 
  Patrick Chidley                           Tel: +1 917 991 7701 
  Paul Durham                               Tel: +1 203 940 2538 
 Curate Public Relations (Zimbabwe) 
  Debra Tatenda                             Tel: +263 77802131 
 IH Securities (Private) Limited (VFEX 
  Sponsor - Zimbabwe) 
  Dzika Dhana                               Tel: +263 (242) 745 119/33/39 
  Lloyd Mlotshwa 
 

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January 16, 2023 02:00 ET (07:00 GMT)

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