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Caledonia Mining Corporation Plc: Director/PDMR Shareholding Notification

1. Toziyana Resources purchased 12,449 CMCL shares at $14.47 each. 2. Victor Gapare now owns 12.56% of Caledonia's issued shares. 3. Management stability could influence investor confidence in CMCL. 4. Insider activity demonstrates increasing confidence in Caledonia's stock.

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FAQ

Why Bullish?

Insider buying usually indicates confidence in the company's future. Historical instances show stock prices often rise following significant insider purchases.

How important is it?

Insider purchases typically signal optimism about the company's performance. Increased ownership by an executive director could lead to market confidence.

Why Short Term?

The immediate effect of insider buying can boost investor sentiment quickly. Past trends indicate such purchases can lead to short-term price increases.

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May 19, 2025 02:00 ET  | Source: Caledonia Mining Corporation Plc ST HELIER, Jersey, May 19, 2025 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) ("Caledonia" or "the Company") announces that it received notification on May 16, 2025 from Mr Victor Gapare, an executive director of Caledonia and the settlor of a discretionary trust which ultimately owns the shares in Toziyana Resources Limited, the largest shareholder in the Company, (“Toziyana”) that Toziyana has purchased, in aggregate, 12,449 common shares in the Company on May 15, 2025 at a volume weighted average price of $14.47 per share (the “Purchases”). Following the Purchases, Mr Victor Gapare now holds an interest, as the settlor of that trust, in common shares representing 12.56 per cent. of the Company’s issued share capital. A copy of the notification is below. Enquiries: Caledonia Mining Corporation PlcMark LearmonthCamilla HorsfallTel: +44 1534 679 800Tel: +44 7817 841 793Cavendish Capital Markets Limited (Nomad and Joint Broker)Adrian HaddenPearl KellieTel: +44 207 397 1965Tel: +44 131 220 9775Panmure Liberum (Joint Broker)Scott Mathieson/ Ailsa MacMasterTel: +44 20 3100 2000Camarco, Financial PR (UK)Gordon PooleJulia TilleyElfie KentTel: +44 20 3757 49803PPB (Financial PR, North America)Patrick ChidleyPaul DurhamTel: +1 917 991 7701Tel: +1 203 940 2538Curate Public Relations (Zimbabwe)Debra TatendaTel: +263 77802131IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe)Lloyd MlotshwaTel: +263 (242) 745 119/33/39   NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1Details  of the person discharging managerial responsibilities/person closely associated  a)NameVictor Gapare   2Reason for the notification       a)Position/status  Executive Directorb)Initial notification/ AmendmentInitial notification   3Details  of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  a)Name  Caledonia Mining Corporation Plcb)LEI21380093ZBI4BFM75Y51   4Details  of the transaction(s): section to be repeated for (i) each type of instrument;  (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted  a)Description of the financial instrument, type of instrument  Identification codeCommon shares of no par value  JE00BF0XVB15b)Nature of the transaction Purchase of securities c)Price(s) and volume(s) Price(s) Volume(s)    US$14.47 12,449 d)Aggregated information   - Aggregated volume     - PriceN/A e)Date of the transaction May 15, 2025f)Place of the transactionNYSE American LLC   

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