Caledonia Mining Corporation Plc.: Notification by Significant Shareholder
September 7, 2021: Caledonia Mining Corporation Plc (“Caledonia” or the “Company” - https://www.commodity-tv.com/ondemand/companies/profil/caledonia-mining-corporation-plc/) (NYSE AMERICAN: CMCL; AIM: CMCL) announces that, further to the Company’s announcement on September 3, 2021 that Van Eck Vectors Junior Gold Miners ETF is now a “significant shareholder” of the Company as defined by the AIM Rules for Companies, it subsequently received a notification on September 3, 2021 from Van Eck Associates Corporation (“Van Eck”) containing details of Van Eck’s shareholdings in the Company held through two of its funds. A copy of the notification is below.
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 | ||||||
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: |
Caledonia Mining Corporation PLC |
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1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) | ||||||
Non-UK issuer |
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2. Reason for the notification (please mark the appropriate box or boxes with an “X”) | ||||||
An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify)iii: |
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3. Details of person subject to the notification obligationiv | ||||||
Name |
Van Eck Associates Corporation |
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City and country of registered office (if applicable) |
New York, NY USA |
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4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name |
VanEck Vectors Junior Gold Miners ETF VanEck Vectors Junior Gold Miners UCITS ETF |
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City and country of registered office (if applicable) |
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5. Date on which the threshold was crossed or reachedvi: |
19 March 2021 |
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6. Date on which issuer notified (DD/MM/YYYY): |
3 September 2021 |
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7. Total positions of person(s) subject to the notification obligation | ||||||
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% 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 |
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Resulting situation on the date on which threshold was crossed or reached |
3.91% |
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3.91% |
12,118,820 |
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Position of previous notification (if applicable) |
N/A |
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N/A |
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8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
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Class/type of shares ISIN code (if possible) |
Number of voting rightsix |
% of voting rights |
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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) |
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JE00BF0XVB15 |
473,246 |
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3.91% |
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SUBTOTAL 8. A |
473,246 |
3.91% |
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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 |
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SUBTOTAL 8. B 1 |
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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 |
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SUBTOTAL 8.B.2 |
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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 |
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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) |
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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 |
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VanEck Vectors Junior Gold Miners ETF |
3.55% |
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3.55% |
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VanEck Vectors Junior Gold Miners UCITS ETF |
0.36% |
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0.36% |
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10. In case of proxy voting, please identify: | ||||
Name of the proxy holder |
Glass Lewis |
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The number and % of voting rights held |
473,246 shares and 3.91% voting right |
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The date until which the voting rights will be held |
Open |
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11. Additional informationxvi | ||||
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Place of completion |
Tampa, FL USA |
Date of completion |
3 September 2021 |
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Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall |
Tel: +44 1534 679 802 Tel: +44 7817 841793 |
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WH Ireland Adrian Hadden |
Tel: +44 20 7220 1751 |
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Blytheweigh Tim Blythe/Megan Ray |
Tel: +44 207 138 3204 |
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3PPB Patrick Chidley Paul Durham
Swiss Resource Capital AG Jochen Staiger |
Tel: +1 917 991 7701 Tel: +1 203 940 2538
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Note: 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.
