Caledonia Mining Corporation Plc has announced the exercise of share options by a consultant to the company. The consultant has exercised options for 5,000 common shares of no par value each in the company at an exercise price of US$7.35 per Option Share. The company has applied for a number of depositary interests equivalent to the Option Shares to be admitted to trading on AIM, with trading expected to commence on July 10, 2024. Following the issue of the Option Shares, the company will have a total of 19,199,860 common shares of no par value each in issue, with no shares in treasury. Enquiries can be directed to the company's representatives and brokers listed in the announcement.