Caledonia Mining Corporation Plc: Notification of Relevant Change to Significant Shareholder

Rhea-AI Summary

Caledonia Mining (NYSE American/AIM/VFEX: CMCL) reported that it received a TR-1 notification from BlackRock on 15 July 2026 that, on 14 July 2026, BlackRock crossed a relevant shareholding threshold under the AIM Rules for Companies.

According to Caledonia, BlackRock now holds 5.00% of Caledonia’s voting rights through shares (967,921 voting rights attached to ISIN JE00BF0XVB15) and a further 1.18% through financial instruments, giving a total interest of 6.18%, representing 1,196,365 voting rights. The position before this notification was 4.92% via shares and 1.30% via financial instruments, a total of 6.22%. The financial instruments include securities lending over 151,911 voting rights (0.78%) and cash‑settled CFDs over 76,533 voting rights (0.39%). The notification lists the BlackRock group entities through which these interests are held.

News Market Reaction – CMCL

-1.27%

-1.27% Session close to close

In the Jul 16 session, CMCL declined 1.27%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This latest holdings disclosure sits alongside a series of BlackRock notifications with mixed price ...

Analysis

This latest holdings disclosure sits alongside a series of BlackRock notifications with mixed price reactions between -6.53% and 3.94%. With moderate short positioning and recent net insider buying, investors may watch for any larger governance or liquidity shifts.

Key Figures

Resulting voting rights %: 6.18% Resulting voting rights: 1,196,365 voting rights Voting rights via shares: 5.00% +5 more

8 metrics

Resulting voting rights % 6.18% BlackRock total voting interest on July 14, 2026

Resulting voting rights 1,196,365 voting rights BlackRock total voting interest on July 14, 2026

Voting rights via shares 5.00% Resulting position attached to shares (Section 8.A)

Voting rights via financial instruments 1.18% Resulting position via financial instruments (Sections 8.B1 and 8.B2)

Previous total voting rights % 6.22% BlackRock position in previous notification

Shares voting rights count 967,921 voting rights Number of voting rights attached to shares JE00BF0XVB15

Securities lending exposure 151,911 voting rights (0.78%) Financial instruments B1 component

CFD exposure 76,533 voting rights (0.39%) Financial instruments B2 component (cash-settled CFDs)

Historical Context

5 past events · Latest: Jul 15 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 15	Shareholder holdings update	Neutral	+1.7%	BlackRock disclosed a voting-rights increase to 6.22% of Caledonia.
Jul 10	Shareholder holdings update	Neutral	-6.5%	BlackRock reported a new 6.17% total voting-rights position in Caledonia.
Jul 09	Shareholder holdings update	Neutral	+3.9%	Caledonia reported BlackRock’s total voting rights at 1,189,231.
Jul 08	Shareholder holdings update	Neutral	-3.3%	BlackRock notified a 6.14% total voting-rights position in Caledonia.
Jul 01	Shareholder holdings update	Neutral	+0.8%	BlackRock crossed a major shareholding threshold, reaching 1,184,010 voting rights.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent BlackRock holding notifications have coincided with small, mixed share-price moves rather than a consistent directional pattern.

Key Terms

securities lending, cfd, financial instruments, non-uk issuer

4 terms

securities lending financial

"Securities Lending | N/A | N/A | 151,911 | 0.78%"

Securities lending is when an owner of stocks or bonds temporarily loans them to another party, usually so the borrower can sell them short or meet settlement needs; the lender receives a fee and typically some form of security in return. Investors should care because lending can generate extra income on holdings and affects market liquidity and short-selling activity, much like renting out a spare room brings income while someone else uses the space.

View in glossary

cfd financial

"CFD | N/A | N/A | Cash | 76,533 | 0.39%"

A CFD (contract for difference) is a financial agreement that lets an investor profit from the change in an asset’s price without actually owning that asset — like betting on a car’s value rising or falling without buying the car. It matters because CFDs use leverage, which can amplify gains and losses and allow easy access to different markets, so they change an investor’s potential return and risk profile and can lead to rapid losses if prices move unfavorably.

financial instruments financial

"% of voting rights through financial instruments (total of 8."

Financial instruments are assets or contracts that hold monetary value and can be bought, sold, or traded. They serve as tools for investors to grow, protect, or transfer money, much like how a ticket or voucher can be used to access goods or services. These instruments help individuals and organizations manage financial goals and risks across different markets and economic conditions.

non-uk issuer regulatory

"Please indicate if the issuer is a non-UK issuer (please mark with an "X""

A non-UK issuer is a company or other entity that issues securities but is based, incorporated, or primarily regulated outside the United Kingdom. For investors, this matters because such issuers often follow different reporting rules, legal protections and market practices than UK-based issuers, so buying their securities can be like shopping in a different country: you may face different information, oversight, tax treatment and claim rights if things go wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

(NYSE AMERICAN:CMCL)(AIM:CMCL)(VFEX:CMCL)

SAINT HELIER, JE / ACCESS Newswire / July 16, 2026 / Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on July 15, 2026 from BlackRock, Inc. that on July 14, 2026 it had 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 Broker) Adrian Hadden George Lawson	Tel: +44 207 397 1965 Tel: +44 131 220 9775
Camarco, Financial PR (UK) Elfie Kent	Tel: +44 20 3757 4980
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-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 attached ii:			CALEDONIA MINING CORPORATION 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			BlackRock, Inc.
City and country of registered office (if applicable)			Wilmington, DE, USA
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			14/07/2026
6. Date on which issuer notified (DD/MM/YYYY):			15/07/2026
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	5.00%	1.18%		6.18%	1,196,365
Position of previous notification (if applicable)	4.92%	1.30%		6.22%

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 (DTR5.1)		Indirect (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
JE00BF0XVB15				967,921					5.00%
SUBTOTAL 8. A		967,921					5.00%
B 1: Financial Instruments according to DTR5.3.1R (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
Securities Lending		N/A	N/A			151,911			0.78%
			SUBTOTAL 8. B 1			151,911			0.78%
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (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
CFD	N/A		N/A		Cash			76,533	0.39%
					SUBTOTAL 8.B.2			76,533	0.39%

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
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 (please add additional rows as necessary) xiv				X
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
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Institutional Trust Company, National Association
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors	3.420%	0.010%	3.430%
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BlackRock Canada Holdings ULC
BlackRock Asset Management Canada Limited
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Capital Holdings, Inc.
BlackRock Advisors, LLC
BlackRock, Inc.
BlackRock Saturn Subco, LLC
BlackRock Finance, Inc.
Trident Merger, LLC
BlackRock Investment Management, LLC
Amethyst Intermediate, LLC
Aperio Holdings, LLC
Aperio Group, LLC
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
BlackRock Regulatory Threshold Reporting Team Jana Blumenstein 020 7743 3650

Place of completion	12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Date of completion	15 July 2026

SOURCE: Caledonia Mining Corporation Plc

View the original press release on ACCESS Newswire

FAQ

What change in BlackRock's shareholding in Caledonia Mining (CMCL) was disclosed on 16 July 2026?

BlackRock notified a total interest of 6.18% in Caledonia Mining’s voting rights. According to Caledonia, this comprises 5.00% via shares and 1.18% via financial instruments, compared with a previous disclosed total of 6.22%.

How many Caledonia Mining (CMCL) voting rights does BlackRock hold after the July 2026 threshold crossing?

BlackRock holds 1,196,365 voting rights in Caledonia Mining after the threshold crossing. According to Caledonia, 967,921 voting rights are attached to ordinary shares and the remainder are linked to financial instruments such as securities lending and cash-settled CFDs.

What percentages of Caledonia Mining (CMCL) does BlackRock hold through shares and derivatives as of 14 July 2026?

BlackRock holds 5.00% of Caledonia Mining’s voting rights via shares and 1.18% via financial instruments. According to Caledonia, the instruments include 0.78% through securities lending and 0.39% through cash-settled CFDs, totaling 6.18%.

Did BlackRock increase or decrease its overall percentage holding in Caledonia Mining (CMCL)?

BlackRock’s total disclosed holding decreased slightly from 6.22% to 6.18% of voting rights. According to Caledonia, share-based voting rights rose from 4.92% to 5.00%, while voting rights via financial instruments fell from 1.30% to 1.18%.

Why did Caledonia Mining (CMCL) publish a TR-1 notification about BlackRock in July 2026?

Caledonia Mining published the TR-1 because BlackRock crossed a notifiable threshold in its voting rights. According to Caledonia, the crossing on 14 July 2026 triggered disclosure under the AIM Rules for Companies and the UK’s major holdings notification requirements.

What financial instruments does BlackRock use for its Caledonia Mining (CMCL) exposure?

BlackRock’s financial instruments over Caledonia Mining include securities lending and cash-settled CFDs. According to Caledonia, securities lending covers 151,911 voting rights (0.78%), while CFDs represent 76,533 voting rights (0.39%), together accounting for 1.18% of voting rights.