Caledonia Mining Corporation Plc: Caledonia declares quarterly dividend


ST HELIER, Jersey, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors of the Company (the “Board”) has declared a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

The relevant dates relating to the dividend are as follows:

• Ex-dividend date VFEX: January 10, 2024
• Ex-dividend date AIM and NYSE: January 11, 2024
• Record date: January 12, 2024
• Payment date: January 26, 2024

Shareholders with a registered address in the UK will be paid in Sterling.

Caledonia's Dividend Policy
Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with its prudent approach to risk management.

Enquiries:

Caledonia Mining Corporation Plc
 
Mark LearmonthTel: +44 1534 679 800
Camilla HorsfallTel: +44 7817 841 793
  
Cavendish Capital Markets Limited (Nomad and Joint Broker)
 
Adrian HaddenTel: +44 207 397 1965
Pearl KellieTel: +44 131 220 9775
  
Liberum Capital Limited (Joint Broker)
 
Scott Mathieson/Kane CollingsTel: +44 20 3100 2000
  
Camarco, Financial PR/ IR (UK)
 
Gordon PooleTel: +44 20 3757 4980
  
3PPB (Financial PR, North America)
 
Patrick ChidleyTel: +1 917 991 7701
Paul DurhamTel: +1 203 940 2538
  
Curate Public Relations (Zimbabwe)
 
Debra TatendaTel: +263 77802131
  
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
 
Lloyd MlotshwaTel: +263 (242) 745 119/33/39
  

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.