Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
ST HELIER, July 22, 2024 - 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 |