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 PlcMark LearmonthCamilla Horsfall  Tel: +44 1534 679 800Tel: +44 7817 841 793
Cenkos Securities plc (Nomad and Joint Broker)Adrian HaddenNeil McDonaldPearl Kellie  Tel: +44 207 397 1965Tel: +44 131 220 9771Tel: +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 ChidleyPaul Durham Tel: +1 917 991 7701Tel: +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


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 ofinstrumentIdentification code Depositary interests representing common shares of no par valueJE00BF0XVB15
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  2,805GBP8.91 each 
e) Date of the transaction 7 October 2022
f) Place of the transaction AIM of the London Stock Exchange plc
Caledonia Mining (AMEX:CMCL)
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