Subject: BOARD OF DIRECTORS
Caledonia Mining Corporation Plc: Purchase of Securities by Director
ST HELIER, Jersey, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received notice that Mr Mark Learmonth, Chief Executive Officer and director of the Company, has purchased a total of 2,805 depositary interests of the Company representing the same number of common shares of no par value each in the Company at a price per depositary interest of GBP8.91. Following this transaction, Mr Learmonth has an interest in 171,067 shares in the Company representing approximately 1.33% of the issued share capital of Caledonia.
Further details of the transaction are set out below. For further information please contact:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 800 Tel: +44 7817 841 793 |
| Cenkos Securities plc (Nomad and Joint Broker) Adrian Hadden Neil McDonald Pearl Kellie | Tel: +44 207 397 1965 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 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 |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Mark Learmonth | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive Officer and director | ||
| b) | Initial notification/ Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | 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 place where transactions have been conducted | |||
| a) | Description of the financial instrument, type of instrument Identification code | Depositary interests representing common shares of no par value JE00BF0XVB15 | ||
| b) | Nature of the transaction | Purchase of securities | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| GBP8.91 | 2,805 | |||
| d) | Aggregated information - Aggregated volume - Price | 2,805 GBP8.91 each | ||
| e) | Date of the transaction | 7 October 2022 | ||
| f) | Place of the transaction | AIM of the London Stock Exchange plc | ||
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