GlobeNewswire Inc | Sep 24, 2020 02:00AM EDT

September 24, 2020

ST HELIER, Jersey, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc (the Company or Caledonia)(NYSE American: CMCL; AIM: CMCL)announces that it has been notified that Leigh Wilson, director and Chairman of Caledonia, has sold a total of 12,000 common shares of the Company. Mr Wilson now holds 40,000 shares which represent a holding of approximately 0.033% of the share capital of the Company.

Further details of the transaction are set out in the notification below.

For further information please contact:

Caledonia Mining Corporation PlcMark Learmonth Tel: +44 1534 679 802Camilla Horsfall Tel: +44 7817 841793 WH IrelandAdrian Hadden/James Sinclair-Ford Tel: +44 20 7220 1751 BlytheweighTim Blythe/Megan Ray Tel: +44 207 138 3204

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

1 Details of the person discharging managerial responsibilities/person closely associateda) Name Leigh Wilson2 Reason for the notificationa) Position/status Directorb) Initial notification/ Amendment Initial notification3 Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitora) Name Caledonia Mining Corporation Plcb) LEI 21380093ZBI4BFM75Y51 Details of the transaction(s): section to be repeated for (i) each type of4 instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Description of the financial instrument, type of Common shares of noa) instrument par value Identification code JE00BF0XVB15b) Nature of the transaction Sale of securitiesc) Price(s) and volume(s) Price(s) Volume(s) USD17.32 12,000 Aggregated information d) - Aggregated volume 12,000 - Price USD17.32e) Date of the transaction 22 September 2020f) Place of the transaction NYSE American LLC