Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
January 11, 2022: Caledonia Mining Corporation Plc ("Caledonia" or the "Company") announces that it received notification on January 7, 2022 from Van Eck Associates Corporation, which is a "significant shareholder" of the Company as defined by the AIM Rules for Companies, that it has changed its interest in the Company and on January 6, 2022 crossed a particular threshold for notification of its holdings in the Company. A copy of the notification is below.
Enquiries:
Caledonia Mining Corporation Plc
Mark Learmonth
Tel: +44 1534 679 802
Camilla Horsfall
Tel: +44 7817 841793
WH Ireland
Adrian Hadden/ Andrew De Andrade
Tel: +44 20 7220 1751
Blytheweigh Financial PR
Tim Blythe/Megan Ray
Tel: +44 207 138 3204
3PPB
Patrick Chidley
Tel: +1 917 991 7701
Paul Durham
Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe)
Debra Tatenda
Swiss Resource Capital AG
Jochen Staiger
Tel: +263 7728 02131
Note: The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
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 obligationiv
Name
Van Eck Associates Corporation
City and country of registered office (if applicable)
New York, NY USA
4. Full name of shareholder(s) (if different from 3.)v
Name
VanEck Junior Gold Miners ETF
VanEck Vectors Junior Gold Miners UCITS ETF
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:
06/01/2022
6. Date on which issuer notified (DD/MM/YYYY):
07/01/2022
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached
3.9838%
3.9838%
508,200
Position of previous notification (if
applicable)
540,381
4.2361%
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix
% 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
508,200
3.9838%
SUBTOTAL 8. A
508,200
3.9838%
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
datex
Exercise/
Conversion Periodxi
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
datex
Exercise/
Conversion Period xi
Physical or cash
settlementxii
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) issuerxiii
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 entityxiv (please add additional rows as necessary)
Namexv
% 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
VanEck Junior Gold Miners ETF
3.5837%
3.5837%
VanEck Vectors Junior Gold Miners UCITS ETF
0.4001%
0.4001%
10. In case of proxy voting, please identify:
Name of the proxy holder
Glass Lewis
The number and % of voting rights held
508,200 shares and 3.9838% voting right
The date until which the voting rights will be held
Open
11. Additional informationxvi
Place of completion
Tampa, FL
Date of completion
7 January 2022