Authorization

Caledonia Mining Corporation Plc: Sale of securities by director

ST HELIER, Jersey, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the a??Companya?? or a??Caledoniaa??)A(NYSE American: CMCL; AIM: CMCL) announces that it has been notified that John Kelly, a director of Caledonia, has sold a total of 13,163 common shares of the Company. AMr Kelly now holds 16,330 shares which represent a holding of approximately 0.013% of the share capital of the Company.

Further details of the transaction are set out in the notification below.AFor further information please contact:

Caledonia Mining Corporation Plc



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Mark Learmonth



Tel: +44 1534 679 802




Camilla Horsfall



Tel: +44 7817 841793



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WH Ireland




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Adrian Hadden/James Sinclair-Ford



Tel: +44 20 7220 1751



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Blytheweigh



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Tim Blythe/Megan Ray



Tel: +44 207 138 3204



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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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Details of the person discharging managerial responsibilities/person closely associated




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a)



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Name



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John Kelly



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Reason for the notificationA




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a)



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Position/status



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Director



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b)



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Initial notification/ Amendment



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Initial notification



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Details of the issuer, emission allowance market participant, auctionA platform, auctioneer, or auction monitor




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a)



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Name



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Caledonia Mining Corporation Plc



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b)



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LEI



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21380093ZBI4BFM75Y51



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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




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a)



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Description of the financial instrument, type of instrument



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Common shares of no par value



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Identification code



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JE00BF0XVB15



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b)



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Nature of the transaction



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Sale of securities



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c)



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Price(s) and volume(s)



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Price(s)A



Volume(s)



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A16 September 2020



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USD19.62



5,181



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A18 September 2020A



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USD19.40



7,982



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d)



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Aggregated information



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- Aggregated volume



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13,163



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- Price



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USD19.49



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e)



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Date of the transaction



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16 and 18 September 2020



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f)



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Place of the transaction



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NYSE American LLC, NYSE ARCA, NASDAQ-NMS, BATS and off market transactions



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