Caledonia Mining Corporation Plc: Purchase of securities by

ST HELIER, Jersey, Sept. 28, 2022 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received a notice yesterday that the non-executive directors of the Company have purchased securities as follows:

  1. Mr. Leigh Wilson – 5,500 shares of no par value in the Company at a price per share of US$8.92.
  2. Mr. Johan Holtzhausen – 1,025 depository interests representing the same number of ordinary shares of no par value in the Company at a price per depository interest of £8.35.

Following these transactions, Mr. Wilson holds an interest in 45,500 shares of the Company representing approximately 0.35% of the issued share capital of Caledonia; and Mr. Holtzhausen holds an interest in 22,050 shares of the Company representing approximately 0.17% of the issued share capital of Caledonia. Further details of the transactions are set out below.

Caledonia Mining Corporation Plc
Marc Learmonth
Camilla Horsfall
Tel: +44 1534 679 800
Tel: +44 7817 841 793
Cenkos Securities plc (Nomad and co-broker)
neil mcdonald
Pearl Kellie
Tel: +44 131 220 9771
Tel: +44 131 220 9775
Liberum Capital Limited (Joint Broker)
Scott Mathieson/Kane Collings
Tel: +44 20 3100 2000
BlytheRay Financial PR (UK)
Tim Blythe/Megan Ray
Tel: +44 207 138 3204
3PPB (financial public relations, North America)
Patrick Chidley
Paul Durham
Tel: +1 917 991 7701
Tel: +1 203 940 2538
Pastor of Public Relations (Zimbabwe)
Debra Tatenda
Tel: +263 77802131
IH Securities (Private) Limited (VFEX sponsor – Zimbabwe)
Lloyd Mlotshwa
Tel: +263 (242) 745 119/33/39

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS WITH MANAGEMENT RESPONSIBILITIES AND PERSONS CLOSELY RELATED TO THESE PERSONS

1 Contact details of the person discharging managerial responsibilities/person closely associated
a) Last name Leigh Wilson
2 Reason for notification
a) Function/status Non-executive director
b) Initial notification/ modification Initial notification
3 Contact details of issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Last name Caledonia Mining Corporation Plc
b) LEI 21380093ZBI4BFM75Y51
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each location where transactions were conducted
a) Description of the financial instrument, type of instrument

Identification code

Common shares without par value

G1757E113

b) Nature of the operation Purchase of securities
vs) Price(s) and volume(s) Prices) Volume(s)
$8.92 5,500
D) Aggregated information

– Aggregated volume

– Price

5,500

$8.92

e) Transaction date September 27, 2022
F) Place of transaction NYSE American LLC

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS WITH MANAGEMENT RESPONSIBILITIES AND PERSONS CLOSELY RELATED TO THESE PERSONS

1 Contact details of the person discharging managerial responsibilities/person closely associated
a) Last name Johan Holtzhausen
2 Reason for notification
a) Function/status Non-executive director
b) Initial notification/ modification Initial notice
3 Contact details of issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Last name Caledonia Mining Corporation Plc
b) LEI 21380093ZBI4BFM75Y51
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each location where transactions were conducted
a) Description of the financial instrument, type of instrument

Identification code

Depositary interests representing ordinary shares without par value

JE00BF0XVB15

b) Nature of the operation Purchase of securities
vs) Price(s) and volume(s) Prices) Volume(s)
£8.35 1,025
D) Aggregated information

– Aggregated volume

– Price

1,025

£8.35 each

e) Transaction date September 27, 2022
F) Place of transaction PURPOSE of London Stock Exchange plc

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