Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received notice that on September 12, 2023, Mr Johan Holtzhausen, a Non-Executive Director of the Company, had purchased 1,200 depositary interests of the Company representing the same number of common shares of no par value in the Company at a price per depositary interest of GBP7.95.

Following this transaction, Mr Holtzhausen has an interest in 23,250 shares in the Company representing approximately 0.12% of the issued share capital of Caledonia. Further details of the transaction are set out below.

Change of Name of Nominated Adviser

The Company also announces that its Nominated Adviser and Joint Broker has changed its name to Cavendish Securities plc following completion of its own corporate merger.

Caledonia Mining Corporation Plc  
Mark LearmonthCamilla Horsfall Tel: +44 1534 679 800Tel: +44 7817 841 793
Cavendish Securities plc (Nomad and Joint Broker)  
Adrian HaddenNeil McDonaldPearl Kellie Tel: +44 (0)20 7220 0500
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   Mr Johan Holtzhausen,
2 Reason for the notification
a) Position/status   Non-Executive 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 of instrument   Depositary interests representing common shares of no par value
  Identification code   JE00BF0XVB15
b) Nature of the transaction   Purchase of securities
c) Price(s) and volume(s)     Prices(s) Volume(s)  
      GBP7.95 1,200  
d) Aggregated information    
  - Aggregated volume   1,200
  - Price   GBP7.95 each
e) Date of the transaction   12 September 2023
f) Place of the transaction   Market order transacted off exchange (XOFF)


Caledonia Mining (AMEX:CMCL)
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