Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
March 22 2018 - 9:00AM
Caledonia Mining Corporation Plc (“Caledonia” or the “Company”)
(TSX:CAL) (NYSE AMERICAN:CMCL) (AIM:CMCL) announces that it
received notification today from the Company’s largest “significant
shareholder” (as defined by the AIM Rules for Companies (the “AIM
Rules”)) Allan Gray (which holds through two of its funds) that it
has increased its interest in the Company and that such interest
crossed a disclosure threshold (being a “relevant change” (as
defined in the AIM Rules)) on February 12, 2018. Caledonia
has been advised that Allan Gray’s interest held through Allan Gray
Africa ex-SA Equity Fund Limited has increased to 1,322,104 common
shares (which represents 12.4690% of the shares in issue).
The Company has not been notified of any change to Allan
Gray’s interest through its other relevant fund, Allan Gray Africa
Equity Fund Limited, from 808,564 common shares (which
represents 7.6257% of the shares in issue).
The aggregate number of shares of the Company in
which Allan Gray’s funds have an interest has therefore increased
to 2,130,668 which represents 20.0946% of the shares in
issue.
Caledonia welcomes Allan Gray’s continued
investment in the Company.
|
|
Caledonia Mining Corporation PlcMark
LearmonthMaurice Mason |
Tel: +44 1534
679 802 Tel: +44 759 078 1139 |
|
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WH IrelandAdrian Hadden/Ed Allsopp |
Tel: +44 20 7220
1751 |
|
|
BlytheweighTim Blythe/Camilla Horsfall/Megan
Ray |
Tel: +44 207 138
3204 |
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