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

BlackRock's lower reported total includes both voting rights attached to shares and exposure through financial instruments.

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Caledonia Mining (CMCL) received notice that BlackRock's reported voting-rights position crossed a disclosure threshold at 6.96% on September 23, 2026.

BlackRock notified Caledonia on September 24. Its previous notification showed a total position of 7.04%; the resulting position was 6.96%, with 1,346,528 recorded in the notification's total voting-rights column. Voting rights attached to shares accounted for 5.03%, compared with 5.09% previously. Financial instruments accounted for 1.92%, compared with 1.95% previously.

The share component comprised 973,740 indirect voting rights. Financial instruments comprised securities lending covering 160,658 voting rights, or 0.83%, and cash-settled CFDs covering 212,130, or 1.09%. The notification marked acquisitions or disposals of both voting rights and financial instruments as reasons for filing, without specifying the direction of either change.

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Key Figures

Total voting-rights position: 6.96% Total voting rights: 1,346,528 Voting rights attached to shares: 5.03% +4 more
Total voting-rights position
6.96%
BlackRock's resulting position
Total voting rights
1,346,528
Held by BlackRock on the threshold-crossing date
Voting rights attached to shares
5.03%
Resulting position
Voting rights through financial instruments
1.92%
Resulting position
Securities lending
0.83%
Voting rights through financial instruments
CFD
1.09%
Voting rights through financial instruments; cash-settled
Previous total voting-rights position
7.04%
Position in the previous notification

Key Terms

securities lending, cfd
2 terms
securities lending financial
"Securities Lending | N/A | N/A | 160,658 | 0.83%"
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 | 212,130 | 1.09%"
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.

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

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SAINT HELIER, JE / ACCESS Newswire / September 28, 2026 / Caledonia Mining Corporation Plc ("Caledonia" or "the Company") announces that it received notification on September 24, 2026 from BlackRock, Inc. that on September 23, 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 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

X

An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
NameBlackRock, 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:23/09/2026
6. Date on which issuer notified (DD/MM/YYYY):24/09/2026
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 reached5.03%1.92%6.96%1,346,528
Position of previous notification (if applicable)5.09%1.95%7.04%
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 973,740 5.03%
SUBTOTAL 8. A

973,740

5.03%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
date x
Exercise/
Conversion Period xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights
Securities LendingN/AN/A160,6580.83%
SUBTOTAL 8. B 1160,6580.83%
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
date x
Exercise/
Conversion Period xi

Physical or cash

Settlement xii

Number of voting rights% of voting rights
CFDN/AN/ACash212,1301.09%
SUBTOTAL 8.B.2212,1301.09%
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 International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Cayman 1 LP
BlackRock Cayman West Bay Finco Limited
BlackRock Cayman West Bay IV Limited
BlackRock Group Limited
BlackRock Investment Management (UK) Limited
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 Advisors3.330%0.020%3.350%
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 completion12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Date of completion24 September 2026

SOURCE: Caledonia Mining Corporation Plc



View the original press release on ACCESS Newswire

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was BlackRock's notified voting-rights position in Caledonia Mining?

BlackRock's resulting total position was 6.96%, compared with 7.04% in its previous notification. The resulting position comprised 5.03% in voting rights attached to shares and 1.92% through financial instruments.

Which BlackRock unit had a separately quantified position in Caledonia Mining?

BlackRock Fund Advisors was listed with a 3.350% total position in the chain of controlled undertakings. Its entry showed 3.330% in voting rights and 0.020% through financial instruments.

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