ST HELIER, Jersey, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company")  (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on November 18, 2024 from BlackRock, Inc. that on November 15, 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 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

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 : 15/11/2024
6. Date on which issuer notified (DD/MM/YYYY): 18/11/2024
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 4.74% 0.25% 4.99% 960,632
Position of previous notification (if
applicable) 		4.76% 0.25% 5.02%



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
shares
ISIN 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 911,442 4.74%
SUBTOTAL 8. A 911,442 4.74%
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
SUBTOTAL 8. B 1
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 49,190 0.25%
SUBTOTAL 8.B.2 49,190 0.25%


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.
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
BlackRock, Inc.
BlackRock Finance, 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 Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors 3.150% 0.000% 3.150%
BlackRock, Inc.
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock, Inc.
BlackRock Finance, 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 18 November 2024