Press Release: Caledonia approves quarterly dividend

Dow Jones11-11

Caledonia approves quarterly dividend

ST HELIER, Jersey, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Caledonia Mining Corporation Plc ("Caledonia" or "the Company") (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares.

The relevant dates relating to the dividend are as follows:

   -- Ex-dividend date VFEX: November 20, 2024 
 
   -- Ex-dividend date AIM: November 21, 2024 
 
   -- Ex-dividend date NYSE American: November 22, 2024 
 
   -- Record date: November 22, 2024 
 
   -- Payment date: December 6, 2024

Shareholders with a registered address in the UK will be paid in Sterling.

Caledonia's Dividend Policy

Caledonia's strategy to maximise shareholder value includes a quarterly dividend policy which the Board adopted in 2014. The Board will consider future dividends as appropriate and in line with other investment opportunities and its prudent approach to risk management.

Enquiries:

 
Caledonia Mining Corporation Plc 
 Mark Learmonth                                   Tel: +44 1534 679 800 
 Camilla Horsfall                                 Tel: +44 7817 841 793 
Cavendish Capital Markets Limited (Nomad and 
Joint Broker) Adrian Hadden Pearl Kellie          Tel: +44 207 397 1965 
                                                  Tel: +44 131 220 9775 
 
 Panmure Liberum (Joint Broker)                  Tel: +44 20 3100 2000 
 Scott Mathieson/Matt Hogg 
 
 Camarco, Financial PR (UK)                       Tel: +44 20 3757 4980 
 Gordon Poole 
 
 3PPB (Financial PR, North America)               Tel: +1 917 991 7701 
 Patrick Chidley                                  Tel: +1 203 940 2538 
 Paul Durham 
 
 Curate Public Relations (Zimbabwe)              Tel: +263 77802131 
 Debra Tatenda 
IH Securities (Private) Limited (VFEX Sponsor 
- Zimbabwe) Lloyd Mlotshwa                       Tel: +263 (242) 745 119/33/39

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation $(EU)$ No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

(END) Dow Jones Newswires

November 11, 2024 02:10 ET (07:10 GMT)

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Press Release: Caledonia approves quarterly dividend

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