Toziyana Resources Limited, the largest shareholder in Caledonia Mining Corporation Plc, has increased its shareholding through a purchase of 11,750 common shares on June 11, 2026, at a price of $18.70 per share. The transaction was disclosed in a notification received by the company from Mr Victor Gapare, an executive director of Caledonia and the settlor of the discretionary trust that ultimately owns Toziyana.

Following the purchase, Mr Gapare now holds an interest in 2,455,122 common shares, representing approximately 12.70% of Caledonia's issued share capital. The shares were acquired on the NYSE American LLC.

Transaction Details

The disclosure outlines the specifics of the transaction involving the common shares of no par value (ISIN: JE00BF0XVB15).

Regulatory Notification

The notification was submitted in accordance with requirements for persons discharging managerial responsibilities and persons closely associated with them. Mr Gapare serves as an executive director of Caledonia Mining Corporation Plc, which is listed on the NYSE American, AIM, and VFEX under the ticker CMCL.

Caledonia Mining Corporation Plc reported that it did not issue any securities under its "At the Market" (ATM) sales agreement with Cantor Fitzgerald & Co during the period from December 16, 2025 to June 12, 2026. The company confirmed that 4,000,000 depositary interests representing the same number of common shares remain available under the scheme. This disclosure was made in accordance with Rule 29 of the AIM Rules for Companies and Schedule Six of the AIM Rules.

The ATM Sales Agreement was originally announced on December 17, 2024. The return period covers the six-month timeframe ending June 12, 2026. Despite the availability of the block admission, the balance of securities not yet issued or allotted at the end of the period remained unchanged at 4,000,000 depositary interests.

The following table details the utilisation of the block admission:

The filing confirms that no securities were originally admitted pursuant to the scheme during the specified return period. Caledonia Mining Corporation Plc continues to hold the capacity to issue the remaining depositary interests under the agreement.