Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder

ST HELIER, Jersey, July 22, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company")  (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has been advised by Allan Gray Bermuda Limited (“AGBL”), in AGBL’s capacity as an investment manager of its clients, of a relevant change (as defined by the AIM Rules for Companies) to a previously disclosed shareholding, such that the aggregate shareholding of two of AGBL’s clients, namely Allan Gray Africa Equity Fund Limited and Allan Gray Africa Ex SA Equity Fund Limited, in the Company, now constitutes a total interest in 5.7476% of the total issued shares in the Company. Caledonia is further advised that AGBL, replacing Allan Gray Proprietary Limited, is now the only investment manager entity in the Allan Gray group of companies that manages clients’ assets that currently include holdings in Caledonia.

Further information was provided on behalf of AGBL as follows:

Issuer name - CALEDONIA MINING CORPORATION PLC

ISIN – JE00BF0XVB15

Significant shareholder - Allan Gray Bermuda Limited

City of registered office - Cape Town

Country of registered office - South Africa

Date on which threshold was crossed – 16 July 2024

Date on which Issuer notified – 18 July 2024

% of direct voting rights – 5.7476%

Date of completion – 18 July 2024

Place of completion – Cape Town

Enquiries:

Caledonia Mining Corporation Plc
Mark Learmonth
Camilla Horsfall
 
Tel: +44 1534 679 800
Tel: +44 7817 841 793
  
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden
Pearl Kellie
 
Tel: +44 207 397 1965
Tel: +44 131 220 9775
  
Panmure Liberum (Joint Broker)
Scott Mathieson/Matt Hogg

Tel: +44 20 3100 2000
  
Camarco, Financial PR (UK)
Gordon Poole
Julia Tilley
Elfie Kent
 

Tel: +44 20 3757 4980
  
3PPB (Financial PR, North America)
Patrick Chidley
Paul Durham
 
Tel: +1 917 991 7701
Tel: +1 203 940 2538
  
Curate Public Relations (Zimbabwe)
Debra Tatenda

Tel: +263 77802131
  
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa

Tel: +263 (242) 745 119/33/39

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