Caledonia Mining Corporation Plc received notification from BlackRock, Inc. on July 24, 2024, indicating that on July 23, 2024, BlackRock crossed a threshold for notification of a relevant change as defined by the AIM Rules for Companies. The notification includes details of BlackRock's total positions, the resulting situation on the date the threshold was crossed, and information about the person subject to the notification obligation. BlackRock's total voting rights attached to shares amounted to 4.53%, with an additional 0.47% through financial instruments, totaling 5.01% with 962,355 voting rights held in the issuer. The notification also outlines the chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entity.

For further information, Caledonia Mining Corporation Plc can be contacted at +44 1534 679 800, and BlackRock Regulatory Threshold Reporting Team at 020 7743 3650. The company's Nomad and Joint Broker, Cavendish Capital Markets Limited, and Joint Broker, Panmure Liberum, can also be reached at +44 207 397 1965 and +44 20 3100 2000, respectively. Additionally, financial PR contacts for the UK, North America, and Zimbabwe are provided in the announcement. This notification of a relevant change to a significant shareholder is in line with the regulatory requirements and provides transparency to the market regarding changes in the ownership structure of Caledonia Mining Corporation Plc.