Investors

Last updated – 11.10.2024

Caledonia Mining Corporation Plc (“Caledonia”) is incorporated in Jersey. The rights of the shareholders of Caledonia may be different in certain respects from the rights of shareholders of a company incorporated in the United Kingdom or other jurisdictions (e.g. Canada or the US). It should be noted that significant shareholders (which under the AIM Rules are any persons with holdings of 3% or more of Caledonia’s securities) are required to notify to Caledonia their holdings as is similarly required under the United Kingdom’s Disclosure Guidance and Transparency Rules which are incorporated by reference in Caledonia’s articles of association. Caledonia is a non-DTR company (as defined under the AIM Rules) and so, in accordance with the notes to AIM Rule 17,  shareholders are advised that statutory disclosure of significant shareholdings of Caledonia is different to that of a DTR company and therefore may not always ensure compliance with the requirements of AIM Rule 17. Under the securities laws in Canada, an “insider” of Caledonia (which would include a shareholder who beneficially owns, controls or has direction over more than 10% of Caledonia’s common shares) is required to report their holdings in accordance with the applicable regulations. There are also reporting obligations that apply to holders of Caledonia’s shares under US law, in particular Schedule 13 of the Securities Exchange Act of 1934 which requires a person or group of persons who acquire more than 5% of Caledonia’s shares to file a report with the SEC.

Caledonia has 19,214,554 common shares issued. The Directors and management own or have an interest in 2,671,984 common shares representing 13.91% of Caledonia’s issued capital. Shares not held in public hands are 5,438,420 representing 298% of Caledonia’s issued capital.

Caledonia ascertained that as at 25 August, 2017 Sales Promotion Services S.A. held an interest through various intermediaries in 938,773 common shares of the Company and was subsequently informed on November 2, 2017 that the beneficial owner of Sales Promotion Services S.A. is Heinrich Auwärter.  Caledonia received notification in March, 2023 that Sales Promotion Services S.A.’s percentage interest in the fully diluted share capital has decreased to less than 3%.

The following information is disclosed for the purposes of AIM Rule 26: