Caledonia Mining Corporation PLC Notification of relevant change to shareholder (6324I)

TIDMCMCL

RNS Number : 6324I

Caledonia Mining Corporation PLC

22 March 2018

Caledonia Mining Corporation Plc

Notification of relevant change to significant shareholder

(TSX: CAL; NYSE AMERICAN: CMCL; AIM: CMCL)

March 22, 2018: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") 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 
  Plc                                   Tel: +44 1534 679 802 
  Mark Learmonth                        Tel: +44 759 078 1139 
  Maurice Mason 
 WH Ireland 
  Adrian Hadden/Ed Allsopp              Tel: +44 20 7220 1751 
 Blytheweigh 
  Tim Blythe/Camilla Horsfall/Megan     Tel: +44 207 138 3204 
  Ray

This information is provided by RNS

The company news service from the London Stock Exchange

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March 22, 2018 09:00 ET (13:00 GMT)

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