Caledonia Mining Corporation Plc: Purchase of Securities by Non-Executive Director

September 14, 2023

ST HELIER, Jersey, Sept. 14, 2023 (GLOBE NEWSWIRE) -- 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 HorsfallTel: +44 1534 679 800Tel: +44 7817 841 793  Cavendish Securities plc (Nomad and Joint Broker) Adrian HaddenNeil McDonaldPearl KellieTel: +44 (0)20 7220 0500  Liberum Capital Limited (Joint Broker) Scott Mathieson/Kane CollingsTel: +44 20 3100 2000  BlytheRay Financial PR (UK) Tim Blythe/Megan RayTel: +44 207 138 3204  3PPB (Financial PR, North America) Patrick ChidleyPaul DurhamTel: +1 917 991 7701Tel: +1 203 940 2538  Curate Public Relations (Zimbabwe) Debra TatendaTel: +263 77802131  IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd MlotshwaTel: +263 (242) 745 119/33/39   NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1Details of the person discharging managerial responsibilities/person closely associateda)Name Mr Johan Holtzhausen,2Reason for the notificationa)Position/status Non-Executive Directorb)Initial notification/ Amendment Initial notification3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)Name Caledonia Mining Corporation Plcb)LEI 21380093ZBI4BFM75Y514Details 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 conducteda)Description of the financial instrument, type of instrument Depositary interests representing common shares of no par value Identification code JE00BF0XVB15b)Nature of the transaction Purchase of securitiesc)Price(s) and volume(s)   Prices(s)Volume(s)    GBP7.951,200 d)Aggregated information       - Aggregated volume 1,200     - Price GBP7.95 each    e)Date of the transaction 12 September 2023f)Place of the transaction Market order transacted off exchange (XOFF)

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