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Caledonia Mining Corporation Updates on Significant Shareholder

Caledonia Mining Corporation Updates on Significant Shareholder

Caledonia Mining Corporation Plc: Update on Significant Shareholder Changes

ST HELIER, Jersey — Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) has announced that it received a notification from BlackRock, Inc. regarding a significant change in its shareholding as of August 15, 2024. This notification indicates that BlackRock has surpassed a threshold that necessitates disclosure under AIM Rules for Companies.

Below are the contact details and inquiries related to this important change.

Contact Information

Inquiries:

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

Details of Notification

Notification of Major Holdings

Identity of Issuer

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

CALEDONIA MINING CORPORATION PLC

Non-UK Issuer Verification

1b. Please indicate if the issuer is a non-UK issuer: X

Reason for Notification

2. Reason for the notification: An acquisition or disposal of voting rights X

2. Reason for the notification: An acquisition or disposal of financial instruments X

Details of the Person Subject to Notification Obligation

3. Name: BlackRock, Inc.

City and country of registered office: Wilmington, DE, USA

Shareholder Information

4. Full name of shareholder(s): (if different from 3)

5. Date on which the threshold was crossed or reached: 15/08/2024

6. Date on which issuer was notified: 16/08/2024

Total Position of Shareholders

7. Total positions of person(s) subject to the notification obligation:

Resulting situation on the date on which threshold was crossed or reached: 4.27%

Voting rights through financial instruments: 0.75%

Total: 5.02% with a total number of voting rights held in issuer: 964,125

Notified Details on Resulting Situation

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Voting Rights Attached to Shares

Class/type of shares ISIN code: JE00BF0XVB15

Number of voting rights: 819,885 (4.27%)

B: Financial Instruments

B1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument: Securities Lending, Number of voting rights that may be acquired: 51,307 (0.26%)

B2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument: CFD, Number of voting rights that may be acquired: 92,933 (0.48%)

Information Regarding the Reporting Person

9. Person subject to the notification obligation:

Name: BlackRock, Inc.

Additional Information

10. Information about proxy voting:

11. Additional information from BlackRock Regulatory Threshold Reporting Team, Jana Blumenstein, 020 7743 3650.

Completion and Compliance

Place of completion: 12 Throgmorton Avenue, London, EC2N 2DL, U.K.

Frequently Asked Questions

1. What recent change occurred regarding shareholders of Caledonia Mining?

Recently, BlackRock, Inc. informed Caledonia Mining Corporation about a significant change in their shareholding, indicating they have crossed a disclosure threshold.

2. Which company is responsible for the notification related to Caledonia Mining?

The notification was issued by BlackRock, Inc., a leading global investment management firm.

3. What are the contact details for inquiries regarding this notification?

Inquiries can be directed to Mark Learmonth and Camilla Horsfall at Caledonia Mining Corporation, reachable at +44 1534 679 800 and +44 7817 841 793.

4. How much of the voting rights does BlackRock hold after the change?

After crossing the threshold, BlackRock holds 4.27% of the voting rights associated with shares, plus an additional 0.75% through financial instruments.

5. What is the classification of Caledonia Mining Corporation regarding its issuer status?

Caledonia Mining Corporation is classified as a non-UK issuer, which affects its reporting and compliance requirements.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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