ST HELIER, Jersey, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it received notification on November 7, 2024 from BlackRock, Inc. that on November 6, 2024 it had crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth

Camilla Horsfall

Tel: +44 1534 679 800

Tel: +44 7817 841 793

Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden

Pearl Kellie

Tel: +44 207 397 1965

Tel: +44 131 220 9775

Panmure Liberum (Joint Broker) Scott Mathieson/Matt Hogg

Tel: +44 20 3100 2000

Camarco, Financial PR (UK) Gordon Poole

Julia Tilley

Elfie Kent

Tel: +44 20 3757 49803PPB (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

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:CALEDONIA MINING CORPORATION PLC1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X” if appropriate)Non-UK issuerX2. Reason for the notification (please mark the appropriate box or boxes with an "X”)An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii: 3. Details of person subject to the notification obligation ivNameBlackRock, Inc.City and country of registered office (if applicable)Wilmington, DE, USA4. Full name of shareholder(s) (if different from 3.) vName City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached vi:06/11/20246. Date on which issuer notified (DD/MM/YYYY):07/11/20247. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments

(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) viiResulting situation on the date on which threshold was crossed or reached4.74%0.26%5.00%962,501Position of previous notification (if

applicable)4.62%0.36%4.98% 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viiiA: Voting rights attached to sharesClass/type of

shares

ISIN code (if possible)

Number of voting rights ix% of voting rightsDirect

(DTR5.1)Indirect

(DTR5.2.1)Direct

(DTR5.1)Indirect

(DTR5.2.1)JE00BF0XVB15 911,437 4.74%          SUBTOTAL 8. A911,4374.74% B 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpiration

date xExercise/

Conversion Period xiNumber of voting rights that may be acquired if the instrument is

exercised/converted.% of voting rightsSecurities LendingN/AN/A2,2000.01%            SUBTOTAL 8. B 12,2000.01% B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpiration

date xExercise/

Conversion Period xiPhysical or cash

Settlement xiiNumber of voting rights % of voting rightsCFDN/AN/ACash48,8640.25%               SUBTOTAL 8.B.248,8640.25% 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X”)Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xivXName xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold    BlackRock, Inc.   BlackRock Finance, Inc.   Trident Merger, LLC   BlackRock Investment Management, LLC       BlackRock, Inc.   BlackRock Finance, Inc.   BlackRock Holdco 2, Inc.   BlackRock Financial Management, Inc.   BlackRock Holdco 4, LLC   BlackRock Holdco 6, LLC   BlackRock Delaware Holdings Inc.   BlackRock Institutional Trust Company, National Association       BlackRock, Inc.   BlackRock Finance, Inc.   BlackRock Holdco 2, Inc.   BlackRock Financial Management, Inc.   BlackRock Holdco 4, LLC   BlackRock Holdco 6, LLC   BlackRock Delaware Holdings Inc.   BlackRock Fund Advisors3.150%0.000%3.150%    BlackRock, Inc.   BlackRock Finance, Inc.   BlackRock Holdco 2, Inc.   BlackRock Financial Management, Inc.       BlackRock, Inc.   BlackRock Finance, Inc.   BlackRock Holdco 2, Inc.   BlackRock Financial Management, Inc.   BlackRock Capital Holdings, Inc.   BlackRock Advisors, LLC        10. In case of proxy voting, please identify:Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held  11. Additional information xvi

BlackRock Regulatory Threshold Reporting Team

Jana Blumenstein

020 7743 3650

Place of completion12 Throgmorton Avenue, London, EC2N 2DL, U.K.Date of completion07 November 20

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