ST HELIER, Jersey, July 25, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE American: CMCL; AIM: CMCL; VFEX: CMCL) announces that it has received notification that Baker Steel Resources Trust Ltd has crossed a threshold for notification of a relevant change (as defined by the AIM Rules for Companies).
A copy of the notification is below.
Enquiries:
|
Caledonia Mining Corporation Plc
Mark Learmonth Camilla Horsfall |
Tel: +44 1534 679 800 Tel: +44 7817 841 793 |
|
Cavendish Capital Markets Limited (Nomad and Joint Broker)
Adrian Hadden George Lawson |
Tel: +44 207 397 1965 |
|
Panmure Liberum Limited (Joint Broker)
Scott Mathieson |
Tel: +44 20 3100 2000 |
|
Camarco, Financial PR (UK)
Gordon Poole Elfie Kent |
Tel: +44 20 3757 4980 |
|
3PPB (Financial PR, North America)
Patrick Chidley Paul Durham |
Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
|
Curate Public Relations (Zimbabwe)
Debra Tatenda |
Tel: +263 77802131 |
|
IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)
Lloyd Mlotshwa |
Tel: +263 (242) 745 119/33/39 |
TR-1Standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS | ||||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : | Caledonia Mining Corp PLC | |||||||
| 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 |
BAKER STEEL CAPITAL MANAGERS LLP
(DISCRETIONARY CLIENTS OF AND ASSOCIATED OR CONNECTED/RELATED PARTIES) |
|||||||
| City and country of registered office (if applicable) |
London, United Kingdom.
|
|||||||
| 4. Full name of shareholder(s) (if different from 3.) v | ||||||||
| Name |
Baker Steel Resources Trust Ltd
|
|||||||
| City and country of registered office (if applicable) | St Peter’s Port, Guernsey | |||||||
| 5. Date on which the threshold was crossed or reached vi : | 06/09/2023 | |||||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 22/07/2025 | |||||||
| 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 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) vii | |||||
| Resulting situation on the date on which threshold was crossed or reached | 2.97 | % | 2.97 | % | 570,000 | |||
|
Position of previous notification (if
applicable) |
4.4 | % | 4.4 | % | ||||
|
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
shares ISIN code (if possible) |
Number of voting rights ix | % of voting rights | |||||||||
|
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1) |
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1) |
||||||||
| JE00BF0XVB15 | 570,000 | 2.97 | % | ||||||||
| SUBTOTAL 8. A | 570,000 | 2.97 | % | ||||||||
| 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
date x |
Exercise/
Conversion Period xi |
Number of voting rights that may be acquired if the instrument is
exercised/converted. |
% of voting rights | |||||||
| 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
date x |
Exercise/
Conversion Period xi |
Physical or cash
settlement xii |
Number of voting rights | % of voting rights | ||||||
| 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 | X | |||
|
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 than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held | ||||
| 11. Additional information xvi | ||||
| Place of completion | London |
| Date of completion | 23-July-2025 |
