Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on August 13, 2024 from BlackRock, Inc. that on August 12, 2024 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 LearmonthCamilla Horsfall Tel: +44 1534 679 800Tel: +44 7817 841 793
   
Cavendish Capital Markets Limited (Nomad and Joint Broker)  
Adrian Hadden Pearl Kellie Tel: +44 207 397 1965Tel: +44 131 220 9775
   
Panmure Liberum (Joint Broker)  
Scott Mathieson/Matt Hogg Tel: +44 20 3100 2000
   
Camarco, Financial PR (UK)  
Gordon PooleJulia TilleyElfie Kent Tel: +44 20 3757 4980
   
3PPB (Financial PR, North America)  
Patrick ChidleyPaul Durham Tel: +1 917 991 7701Tel: +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

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii: CALEDONIA MINING CORPORATION PLC
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights  X
An acquisition or disposal of financial instruments  
An event changing the breakdown of voting rights  
Other (please specify) iii:  
3. Details of person subject to the notification obligation iv
Name BlackRock, Inc.
City and country of registered office (if applicable) Wilmington, DE, USA
4. Full name of shareholder(s) (if different from 3.) v
Name  
City and country of registered office (if applicable)  
5. Date on which the threshold was crossed or reached vi: 12/08/2024
6. Date on which issuer notified (DD/MM/YYYY): 13/08/2024
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 (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached 4.22% 0.77% 4.99% 959,474
Position of previous notification (if applicable) 4.25% 0.77% 5.03%  
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of sharesISIN code (if possible) Number of voting rights ix % of voting rights
Direct(DTR5.1) Indirect (DTR5.2.1) Direct(DTR5.1) Indirect(DTR5.2.1)
JE00BF0XVB15   811,311   4.22%  
         
         
SUBTOTAL 8. A 811,311 4.22%  
   
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration date x Exercise/ Conversion Period xi Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights
Securities Lending N/A N/A 56,135 0.29%  
         
         
    SUBTOTAL 8. B 1 56,135 0.29%  
   
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument Expiration date x Exercise/ Conversion Period xi Physical or cash Settlement xii Number of voting rights % of voting rights
CFD N/A N/A Cash 92,029 0.47%  
           
           
      SUBTOTAL 8.B.2 92,029 0.47%  
 
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
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 xiii  
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv X
Name xv % 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
       
BlackRock, Inc.      
Trident Merger, LLC      
BlackRock Investment Management, LLC      
       
BlackRock, Inc.      
BlackRock Holdco 2, Inc.      
BlackRock Financial Management, Inc.      
BlackRock Holdco 4, LLC      
BlackRock Holdco 6, LLC      
BlackRock Delaware Holdings Inc.      
BlackRock Institutional Trust Company, National Association      
       
BlackRock, Inc.      
BlackRock Holdco 2, Inc.      
BlackRock Financial Management, Inc.      
BlackRock Holdco 4, LLC      
BlackRock Holdco 6, LLC      
BlackRock Delaware Holdings Inc.      
BlackRock Fund Advisors      
       
BlackRock, Inc.      
BlackRock Holdco 2, Inc.      
BlackRock Financial Management, Inc.      
       
BlackRock, Inc.      
BlackRock Holdco 2, Inc.      
BlackRock Financial Management, Inc.      
BlackRock Capital Holdings, Inc.      
BlackRock Advisors, LLC      
       
 
10. In case of proxy voting, please identify:
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 xvi
 BlackRock Regulatory Threshold Reporting Team   Jana Blumenstein 020 7743 3650 
Place of completion 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Date of completion 13 August 2024
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