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Caledonia approves quarterly dividend

ST HELIER, Jersey, Nov. 11, 2024 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company’s shares.

The relevant dates relating to the dividend are as follows:

  • Ex-dividend date VFEX: November 20, 2024
  • Ex-dividend date AIM: November 21, 2024
  • Ex-dividend date NYSE American: November 22, 2024
  • Record date: November 22, 2024
  • Payment date: December 6, 2024

Shareholders with a registered address in the UK will be paid in Sterling.

Caledonia’s Dividend Policy
Caledonia’s strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with other investment opportunities and its prudent approach to risk management.

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 Joint Broker)

Adrian Hadden
Pearl Kellie
 

Tel: +44 207 397 1965
Tel: +44 131 220 9775


Panmure Liberum (Joint Broker)

Scott Mathieson/Matt Hogg

Tel: +44 20 3100 2000


Camarco, Financial PR (UK)

Gordon Poole
 

Tel: +44 20 3757 4980


3PPB (Financial PR, North America)

Patrick Chidley
Paul Durham
 

Tel: +1 917 991 7701
Tel: +1 203 940 2538


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


This announcement contains inside information which is disclosed in accordance with 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.

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