CALEDONIA MINING CORPORATION PLC

Delisting Announcement • Jun 12, 2024

National Storage Mechanism | Additional information

RNS Number : 0085S

Caledonia Mining Corporation PLC

12 June 2024

Caledonia Mining Corporation Plc

Cancellation of the block admission in respect of

ATM Sales Agreement

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

St Helier, June 12, 2024 - Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it has cancelled its block admission, and that no shares have, or will be, allotted pursuant to its "At the Market" or "ATM" sales agreement with Cantor Fitzgerald & Co (the "ATM Sales Agreement"), which was announced on May 18, 2023.

The Company's Form F-3 Registration Statement under the Securities Act of 1933 dated April 26, 2021 and as amended on May 14, 2021, which enabled the Company to issue shares under the ATM Sales Agreement, expired on May 18, 2024. As a result, the block admission has been cancelled with an effective date of June 12, 2024.

Caledonia gives the following information required by Schedule Six of the AIM Rules for Companies in connection with the ATM Sales Agreement:

Name of company:	Caledonia Mining Corporation Plc
Name of scheme:	ATM Sales Agreement
Period of return:	From May 17, 2024 to June 11, 2024
Number and class of securities not issued under the scheme:	2,000,000 depositary interests representing the same number of common shares
Number of securities issued/allotted under scheme during period:	Nil
Balance under scheme of securities not yet issued/allotted at end of period:	2,000,000 depositary interests representing the same number of common shares
Number and class of securities originally admitted pursuant to the scheme and the date of admission:	2,000,000 depositary interests representing the same number of common shares on May 19, 2023
Contact name and telephone number:	As 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
Liberum Capital Limited (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 4980
3PPB (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

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