RNS Number : 2212VCaledonia Mining Corporation PLC04 April 2023

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

 (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL)

April 4, 2023:Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notification on March 30, 2023 from Allan Gray Proprietary Limited of a change to its interest in the Company and on March 28, 2023 crossed a particular threshold for notification.

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc

Mark Learmonth

Camilla Horsfall

Tel: +44 1534 679 802

Tel: +44 7817 841793

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

Tim Blythe/Megan Ray

Tel: +44 207 138 3204

3PPB

Patrick Chidley

Paul Durham

Tel: +1 917 991 7701

Tel: +1 203 940 2538

Curate Public Relations (Zimbabwe)

Debra Tatenda

Tel: +263 77802131

TR-1: Standard form for notification of major holdings

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