Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
ST HELIER, Jersey, June 06, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VEFX: CMCL) announces that it received notification on June 2, 2022 from Allan Gray Proprietary Limited, which is a "significant shareholder" of the Company as defined by the AIM Rules for Companies, that it has increased its interest in the Company and on June 2, 2022 crossed a particular threshold for notification of its holdings in the Company. A copy of the notification is below.
Enquiries:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: 0 Tel: 3 |
| Cenkos Securities plc (Nomad and Joint Broker) Neil McDonald Pearl Kelie | Tel: 1 Tel: 5 |
| Liberum Capital Limited (Joint Broker) Scott Mathieson/Kane Collings | Tel: 0 |
| BlytheRay Financial PR (UK) Tim Blythe/Megan Ray | Tel: 4 |
| 3PPB (Financial PR, North America) Patrick Chidley Paul Durham | Tel: Tel: |
| Curate Public Relations (Zimbabwe) Debra Tatenda | Tel: |
| 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 |
| 02-Jun-2022 |
| 6. Date on which Issuer notified |
| 02-Jun-2022 |
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 | 16.129000 | 0.000000 | 16.129000 | 2069891 |
| Position of previous notification (if applicable) |
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 | 2069891 | 16.129000 | |||
| Sub Total 8.A | 2069891 | 16.129000% | |||
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
| 2. 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 entities (please add additional rows as necessary) |
| 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 | |
| Allan Gray Proprietary Limited | Allan Gray Africa Ex-SA Equity Fund Limited | 10.493000 | 10.493000% | ||
| Allan Gray Proprietary Limited | Allan Gray Africa Equity Fund Limited | 5.636000 | 5.636000% | ||
| 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 |
| 02-Jun-2022 |
| 13. Place Of Completion |
| Cape Town, South Africa. |
