GlobeNewswire Inc | Jun 30, 2021 02:00AM EDT

June 30, 2021

ST HELIER, Jersey, June 30, 2021 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc("Caledonia" or the "Company") (NYSE AMERICAN: CMCL; AIM: CMCL) announces that it received notification onJune 28, 2021 from BlackRock, Inc. that it crossed a particular threshold for notification of its holdings in the Company onJune 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 PlcMark Learmonth Tel: +44 1534 679 800Camilla Horsfall Tel: +44 7817 841793 WH Ireland (Nomad and Broker)Adrian Hadden/James Sinclair-Ford Tel: +44 20 7220 1751 BlytheweighTim Blythe/Megan Ray Tel: +44 207 138 3204 3PPBPatrick Chidley Tel: +1 917 991 7701Paul Durham Tel: +1 203 940 2538

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