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

Rhea-AI Summary

Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) received notification from Allan Gray Proprietary Limited on December 27, 2023, indicating a relevant change. Allan Gray's voting rights in the company decreased to 5.993% from 6.331%.

ST HELIER, Jersey, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on December 29, 2023 from Allan Gray Proprietary Limited that on December 27, 2023 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc
Mark Learmonth	Tel: +44 1534 679 800
Camilla Horsfall	Tel: +44 7817 841 793
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden	Tel: +44 207 397 1965
Pearl Kellie	Tel: +44 131 220 9775
Liberum Capital Limited (Joint Broker)
Scott Mathieson/Kane Collings	Tel: +44 20 3100 2000
Camarco, Financial PR/ IR (UK)
Gordon Poole	Tel: +44 20 3757 4980
3PPB (Financial PR, North America)
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)
Lloyd Mlotshwa	Tel: +263 (242) 745 119/33/39

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

JE00BF0XVB15

Issuer Name

CALEDONIA MINING CORPORATION PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Allan Gray Proprietary Limited

City of registered office (if applicable)

Cape Town

Country of registered office (if applicable)

South Africa

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

27-Dec-2023

6. Date on which Issuer notified

29-Dec-2023

7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	5.993000	0.000000	5.993000	1149945
Position of previous notification (if applicable)	6.331770	0.000000	6.331770

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
JE00BF0XVB15	1149945		5.993000
Sub Total 8.A	1149945		5.993000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

12. Date of Completion

29 December 2023

13. Place Of Completion

Cape Town, South Africa

FAQ

What notification did Caledonia Mining Corporation Plc receive from Allan Gray Proprietary Limited?

Caledonia Mining Corporation Plc received notification from Allan Gray Proprietary Limited on December 27, 2023, indicating a relevant change.

When did Allan Gray Proprietary Limited's voting rights change in Caledonia Mining Corporation Plc?

Allan Gray's voting rights in Caledonia Mining Corporation Plc decreased to 5.993% on December 27, 2023.

What is the ticker symbol for Caledonia Mining Corporation Plc?

The ticker symbol for Caledonia Mining Corporation Plc is CMCL.

What is the significance of Allan Gray Proprietary Limited's notification for Caledonia Mining Corporation Plc?

Allan Gray's notification indicates a decrease in their voting rights in Caledonia Mining Corporation Plc.

What is the effect of the voting rights change on Caledonia Mining Corporation Plc's stock?

The change in voting rights may impact Caledonia Mining Corporation Plc's stock performance.

How did Allan Gray Proprietary Limited's voting rights change in Caledonia Mining Corporation Plc?

Allan Gray's voting rights in Caledonia Mining Corporation Plc decreased from 6.331% to 5.993%.

Who is the contact person at Caledonia Mining Corporation Plc for enquiries?

For enquiries, the contact person at Caledonia Mining Corporation Plc is Mark Learmonth, reachable at +44 1534 679 800.

What is the contact information for Caledonia Mining Corporation Plc's Nomad and Joint Broker?

The contact information for Caledonia Mining Corporation Plc's Nomad and Joint Broker, Cavendish Capital Markets Limited, is Adrian Hadden at +44 207 397 1965 and Pearl Kellie at +44 131 220 9775.

Who is the Financial PR/IR contact for Caledonia Mining Corporation Plc in the UK?

Gordon Poole is the Financial PR/IR contact for Caledonia Mining Corporation Plc in the UK, reachable at +44 20 3757 4980.

What is the ISIN code for Caledonia Mining Corporation Plc?

The ISIN code for Caledonia Mining Corporation Plc is JE00BF0XVB15.