Notification of relevant change to significant shareholder

St Helier, June 30, 2021: Caledonia Mining Corporation Plc ("Caledonia" or the "Company" - https://www.commodity-tv.com/ondemand/companies/profil/caledonia-mining-corporation-plc/ ) 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 3% of the Company's issued share capital.

For further information please contact:

Caledonia Mining Corporation Plc

Mark Learmonth

Tel: +44 1534 679 800

Camilla Horsfall

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

Swiss Resource Capital AG

Jochen Staiger

Tel: +1 917 991 7701

Tel: +1 203 940 2538

www.resource-capital.ch

[email protected]

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.