REG - Caledonia Mining Crp - Exercise of share options

Caledonia MiningAnnouncement

05/07/2024 07:00

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RNS Number : 2442V  Caledonia Mining Corporation PLC  05 July 2024

Caledonia Mining Corporation Plc

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

Exercise of share options

 

St Helier, July 5, 2024:  Caledonia Mining Corporation Plc ("Caledonia" or
"the Company") announces that a consultant to the Company who was issued share
options in 2017 has exercised options in respect of, and the Company has
instructed the issue and allotment of, 5,000 common shares of no par value
each in the Company (the "Option Shares"). The exercise price was US$7.35 per
Option Share.

Application has been made by Caledonia for a number of depositary interests
equivalent to the Option Shares to be admitted to trading on AIM and it is
anticipated that trading in such securities will commence on July 10, 2024.

Following the issue of the Option Shares, the Company will have a total number
of shares in issue of 19,199,860 common shares of no par value each. Caledonia
has no shares in treasury; therefore, this figure may be used by holders as
the denominator for the calculations by which they determine if they are
required to notify their interest in, or a change to their interest in, the
Company.

 Enquiries:

 Caledonia Mining Corporation Plc

 Mark Learmonth                                              Tel: +44 1534 679 800

 Camilla Horsfall                                            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
 Panmure Liberum Limited (Joint Broker)

 Scott Mathieson                                             Tel: +44 20 3100 2000

 Matt Hogg
 Camarco, Financial PR (UK)

 Gordon Poole                                                Tel: +44 20 3757 4980

 Julia Tilley

 Elfie Kent
 3PPB (Financial PR, North America)

 Patrick Chidley                                             Tel: +1 917 991 7701

 Paul Durham                                                 Tel: +1 203 940 2538

 Curate Public Relations (Zimbabwe)                          Tel: +263 77802131

 Debra Tatenda
 IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)

 Lloyd Mlotshwa                                              Tel: +263 (242) 745 119/33/39

 

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