RNS Number : 2540CCaledonia Mining Corporation PLC10 October 2022

Caledonia Mining Corporation Plc

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

Purchase of Securities by Director

St Helier, October 10, 2022:Caledonia Mining Corporation Plc ("Caledonia" or the "Company") 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

CenkosSecurities 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

GBP8.91each


e)

Date of the transaction

7 October2022


f)

Place of the transaction

AIM of the London Stock Exchange plc


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