Caledonia Mining Corporation Plc: Notification of relevant change to significant shareholder
Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL) announced on June 30, 2021, that BlackRock, Inc. notified them about a change in their holdings.
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Rhea-AI Summary
Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL) announced on June 30, 2021, that BlackRock, Inc. notified them about a change in their holdings. As of June 25, 2021, BlackRock’s interest in voting rights has fallen below 3% of Caledonia's issued share capital. This notification is crucial as it indicates a reduction in one of the company’s significant shareholders, which could affect market perception and stock performance.
Positive
- None.
Negative
- BlackRock's holdings have decreased below 3%, indicating a reduced confidence from a major institutional investor.
Details
News Market Reaction – CMCL
The recorded move for CMCL in the trading session of this news was -0.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST HELIER, Jersey, June 30, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL) announces that it received notification on June 28, 2021 from BlackRock, Inc. that it crossed a particular threshold for notification of its holdings in the Company on June 25, 2021.
Blackrock Inc.’s total interest in voting rights is now below
For further information please contact:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 800 Tel: +44 7817 841793 |
| WH Ireland (Nomad and Broker) Adrian Hadden/James Sinclair-Ford | Tel: +44 20 7220 1751 |
| Blytheweigh Tim Blythe/Megan Ray | Tel: +44 207 138 3204 |
| 3PPB Patrick Chidley Paul Durham | Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
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