REG - Caledonia Mining Crp - Change to significant shareholder

Caledonia MiningAnnouncement

07/03/2022 07:00

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RNS Number : 7768D  Caledonia Mining Corporation PLC  07 March 2022

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

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

 

St Helier, March 7, 2022:  Caledonia Mining Corporation Plc ("Caledonia" or
the "Company") announces that it received notification on March 4, 2022 from
Van Eck Associates Corporation, which is a "significant shareholder" of the
Company as defined by the AIM Rules for Companies, that it has changed its
interest in the Company and on March 3, 2022 crossed a particular threshold
for notification of its holdings in the Company. A copy of the notification is
below.

 

Enquiries:

 

 Caledonia Mining Corporation Plc

 Mark Learmonth                      Tel: +44 1534 679 802

 Camilla Horsfall                    Tel: +44 7817 841793
 WH Ireland

 Adrian Hadden/ Andrew De Andrade    Tel: +44 20 7220 1751
 BlytheRay Financial PR

 Tim Blythe/Megan Ray                Tel: +44 207 138 3204
 3PPB

 Patrick Chidley                     Tel: +1 917 991 7701

 Paul Durham                         Tel: +1 203 940 2538
 Curate Public Relations (Zimbabwe)

 Debra Tatenda                       Tel: +263 77802131

 

Note: The information contained within this announcement is deemed by the
Company to constitute inside information under the Market Abuse Regulation
(EU) No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 and is disclosed in accordance with the
Company's obligations under Article 17 of MAR.

 

TR-1: Standard form for notification of major holdings

 

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 FCA in Microsoft Word format if possible)(i)

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    Caledonia Mining Corp PLC
 which voting rights are attached(ii):
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
 Non-UK issuer                                                                                                                                                                                                                                    X
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                      X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         Van Eck Associates Corporation
 City and country of registered office (if applicable)                                                                                                        New York, NY USA
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name                                                                                                                                                         VanEck Junior Gold Miners ETF

                                                                                                                                                              VanEck Junior Gold Miners UCITS ETF
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   03/03/2022
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               04/03/2022
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  4.008%                                                                                                       4.008%                          514,346
 Position of previous notification (if                                      508,200                                                                                                      3.9838%

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached(viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights(ix)                                                                                 % of voting rights

shares

 ISIN code (if possible)
                                                Direct                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 JE00BF0XVB15                                   514,346                                                                                                     4.008%

 SUBTOTAL 8. A                                  514,346                                                                                                     4.008%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))
 Type of financial instrument                   Expiration              Exercise/                                                   Number of voting rights that may be acquired if the instrument is        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.

                                                                        SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to Art.
 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
 Type of financial instrument  Expiration                               Exercise/                                 Physical or cash                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)

                                                                                                                  SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer(xiii)
 Full chain of controlled undertakings through which the voting rights and/or
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity(xiv )(please add additional rows as
 necessary)
 Name(xv)                             % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                  than the notifiable threshold
 VanEck Junior Gold Miners ETF        3.64%                                                                                                                                                   3.64%
 VanEck Junior Gold Miners UCITS ETF  0.368%                                                                                                                                                  0.368%

 10. In case of proxy voting, please identify:
 Name of the proxy holder                                                                                         Glass Lewis
 The number and % of voting rights held                                                                           514,346 shares and 4.008% voting right
 The date until which the voting rights will be held                                                              Open

 11. Additional information(xvi)

 

 Place of completion  Tampa, FL
 Date of completion   4 March 2022

 

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