PCA Shareholding Notification

Caledonia Mining Corporation PLC

20 May 2026

 

Caledonia Mining Corporation Plc

PCA Shareholding Notification

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

May 20, 2026: Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on May 18, 2026 that Fremiro Investments (Private) Limited ("Fremiro"), a person closely associated with Mr July Ndlovu, a non-executive director and the Chairman of Caledonia, sold depositary interests representing 20,000 common shares in the Company on May 18, 2026 at a price of £17.19 per share.

Following the sale by Fremiro, Mr Ndlovu now has a beneficial interest in 229,089 common shares in the Company.

A copy of the notification is below.

Enquiries:

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: [phone] Tel: [phone]
Cavendish Capital Markets Limited (Nomad and Broker) Adrian Hadden	Tel: [phone]
Camarco, Financial PR (UK) Elfie Kent	Tel: [phone]
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: [phone]
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa	Tel: [phone]/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	Fremiro Investments (Private) Limited
2	Reason for the  notification
a)	Position/status	PCA of Mr July Ndlovu, Non-Executive Director and Chairman
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	Sale of securities by Fremiro Investments (Private) Limited in which Mr Ndlovu is a shareholder
c)	Price(s) and volume(s)	Price(s)            Volume(s) £17.19 20,000
d)	Aggregated information - Aggregated volume     - Price	N/A
e)	Date of the transaction	May 18, 2026
f)	Place of the transaction	AIM of LSE

 

END