Caledonia Mining Corporation Plc: Purchase of Securities by Director

Toronto, Ontario, CANADA


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

1Details of the person discharging managerial responsibilities/person closely associated

a)Name

Mark Learmonth

2Reason for the notification

a)Position/status

Chief Executive Officer and director

b)Initial notification/ Amendment

Initial notification

3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)Name

Caledonia Mining Corporation Plc

b)LEI

21380093ZBI4BFM75Y51

4Details 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 transaction7 October 2022

f)Place of the transaction

AIM of the London Stock Exchange plc