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 PlcMark Learmonth Camilla Horsfall
Cavendish Capital Markets Limited (Nomad and Broker)Tel: +44 1534 679 800
Tel: +44 7817 841 793
Adrian Hadden Tel: +44 207 397 1965
Camarco, Financial PR (UK)Elfie Kent Tel: +44 20 3757 4980
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
Head and Registered Office: Caledonia Mining Corporation Plc 2 Mulcaster Street, St Helier, Jersey, Channel Islands, JE2 3NJ info@caledoniamining.com | | https://www.caledoniamining.com
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM1 | 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
| N/A | |||
e) | Date of the transaction | May 18, 2026 | |||
f) | Place of the transaction | AIM of LSE | |||

