BlackRock Increases Stake in Caledonia Mining Corporation to 5.07%
Caledonia Mining Corporation reports that BlackRock crossed a notification threshold for voting rights on May 12, 2025.
Caledonia Mining’s Shareholding Update
Caledonia Mining Corporation Plc disclosed that it received a notification from BlackRock, Inc. stating that on May 12, 2024, BlackRock crossed a threshold requiring notification of a relevant change in shareholding, as outlined by the AIM Rules for Companies. The notification, received on May 13, 2025, indicates that BlackRock now holds 5.07% of the voting rights in Caledonia, which includes 4.82% through shares and 0.25% through financial instruments. This reflects a slight increase from the previous holding of 4.99%. The press release contains details on the shareholdings and contact information for further inquiries.
Positive Indicators
- BlackRock, Inc. has raised its stake to 5.07%, suggesting growing investor confidence in Caledonia Mining Corporation.
- The increase in voting rights suggests a positive trend in BlackRock’s investment strategy regarding Caledonia.
- The backing of a major institutional investor like BlackRock could enhance Caledonia’s reputation in the market, potentially attracting more investment.
Concerns to Consider
- The modest rise in BlackRock’s ownership from 4.74% to 5.07% may reflect limited confidence in the company’s future performance among significant shareholders.
- This major holdings notification could indicate a shift in investor sentiment, possibly raising concerns about the company’s ongoing stability and appeal.
- The delay of over a year for BlackRock to communicate this threshold crossing might reflect issues with Caledonia’s investor relations practices.
Frequently Asked Questions
What is the recent notification from BlackRock regarding Caledonia Mining?
BlackRock announced it crossed a notification threshold for a relevant change in shareholding on May 12, 2025, relating to its holdings in Caledonia Mining.
What percentage of voting rights does BlackRock hold in Caledonia Mining?
As of May 12, 2025, BlackRock holds 5.07% of the total voting rights in Caledonia Mining Corporation.
When was the notification about the voting rights change made?
The notification regarding the voting rights change was made by BlackRock on May 13, 2025.
Who should be contacted for more information about the press release?
For inquiries, contact Caledonia’s Mark Learmonth or Camilla Horsfall at +44 1534 679 800 or +44 7817 841 793.
What is the significance of the AIM Rules for Companies in this notification?
The AIM Rules for Companies stipulate that significant changes in voting rights must be reported, which BlackRock complied with in this instance.
Disclaimer: Information in this summary is based on a press release by Caledonia Mining Corporation. Please verify all details independently.
$CMCL Hedge Fund Activity
Recent data shows that 44 institutional investors increased their holdings in $CMCL, while 47 reduced theirs in the most recent quarter.
Recent significant hedge fund activity includes:
- VAN ECK ASSOCIATES CORP: Reduced ownership by 59,011 shares (-8.5%) in Q4 2024, valued at $555,293.
- GSA CAPITAL PARTNERS LLP: Increased holdings by 52,819 shares (+inf%) in Q1 2025, valued at $659,709.
- DIMENSIONAL FUND ADVISORS LP: Gained 49,906 shares (+15.9%) in Q1 2025, estimated at $623,325.
- LOS ANGELES CAPITAL MANAGEMENT LLC: Added 48,003 shares (+67.2%) in Q1 2025, estimated at $599,557.
- GLOBEFLEX CAPITAL L P: Increased by 46,289 shares (+inf%) in Q4 2024, valued at $435,579.
- CITADEL ADVISORS LLC: Added 42,868 shares (+88.7%) in Q4 2024, estimated at $403,387.
- MORGAN STANLEY: Decreased holdings by 39,316 shares (-31.2%) in Q4 2024, valued at $369,963.
Full Company Announcement
ST HELIER, Jersey, May 15, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc (“Caledonia” or “the Company”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) has announced that it received notification on May 13, 2025, from BlackRock, Inc. that on May 12, 2024, it had crossed a threshold for notifying of a significant change (as defined by the AIM Rules for Companies).
A copy of the notification is below.
Enquiries:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall |
Tel: +44 1534 679 800 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) Scott Mathieson/ Ailsa MacMaster |
Tel: +44 20 3100 2000 |
| Camarco, Financial PR (UK) Gordon Poole Julia Tilley Elfie Kent |
Tel: +44 20 3757 4980 |
| 3PPB (Financial PR, North America) Patrick Chidley Paul Durham |
Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
| Curate Public Relations (Zimbabwe) Debra Tatenda |
Tel: +263 77802131 |
| IH Securities (Private) Limited (VFEX Sponsor – Zimbabwe) Lloyd Mlotshwa |
Tel: +263 (242) 745 119/33/39 |
TR-1: Standard form for notification of major holdings
|
NOTIFICATION OF MAJOR HOLDINGS |
# Caledonia Mining Corporation Announces Significant Shareholder Update
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached | CALEDONIA MINING CORPORATION PLC | |||||
|
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) |
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| Non-UK issuer | X | |||||
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2. Reason for the notification (please mark the appropriate box or boxes with an “X”) |
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| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | ||||||
| An event changing the breakdown of voting rights | ||||||
| Other (please specify)iii: | ||||||
| 3. Details of person subject to the notification obligationiv | ||||||
| Name | BlackRock, Inc. | |||||
| City and country of registered office (if applicable) | Wilmington, DE, USA | |||||
|
4. Full name of shareholder(s) (if different from 3.)v |
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| Name | ||||||
| City and country of registered office (if applicable) | ||||||
| 5.Date on which the threshold was crossed or reachedvi: | 12/05/2025 | |||||
| 6.Date on which issuer notified (DD/MM/YYYY): | 13/05/2025 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
“`html
Recent Changes in Shareholder Voting Rights and Percentages
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) | |||
| Resulting situation on the date on which threshold was crossed or reached | 4.82% | 0.25% | 5.07% | 979,213 | ||
| Position of previous notification (if applicable) | 4.74% | 0.25% | 4.99% | |||
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached |
|||||||||
| A: Voting rights attached to shares | |||||||||
|
Class/type of shares ISIN code (if possible) |
Number of voting rights ix |
% of voting rights | |||||||
|
Direct
(DTR5.1) |
Indirect
(DTR5.2.1) |
Direct
(DTR5.1) |
Indirect
(DTR5.2.1) |
||||||
| JE00BF0XVB15 | 930,023 | 4.82% | |||||||
“`# Financial Report Highlights Substantial Gains and Voting Rights
### Overview of Financial Summary
The report presents a clear financial overview with an emphasis on key metrics that matter to investors and stakeholders alike. The subtotal for Section 8.A is documented at **€930,023**, reflecting a growth rate of **4.82%**.
### Breakdown of Financial Instruments
#### Section B1: Financial Instruments as per DTR5.3.1R (1) (a)
This section outlines various financial instruments, including their types and expiration dates, which hold significant relevance in understanding voting rights.
| **Type of Financial Instrument** | **Expiration Date** | **Exercise/Conversion Period** | **Voting Rights Acquired** | **% of Voting Rights** |
|———————————-|———————|——————————–|—————————-|————————-|
| (Details to be filled) | (Details to be filled) | (Details to be filled) | (Details to be filled) | (Details to be filled) |
### Additional Information
#### Section B2: Financial Instruments with Similar Economic Effects
This part of the report helps analyze the underlying economic impacts of different financial instruments, ensuring a comprehensive understanding for financial decision-making.
| **Type of Financial Instrument** | **Expiration Date** |
|———————————-|———————|
| (Details to be filled) | (Details to be filled) |
The report serves as a pivotal document in facilitating informed decisions and strategizing future endeavors within the financial landscape. Further details will be elaborated in the full report to enhance clarity around each instrument and its associated rights.# Detailed Breakdown of Voting Rights and Settlement Information
### Overview of Notification Obligations
This table outlines key information related to individuals subject to notification obligations regarding their voting rights and financial instruments.
| **Exercise/Conversion Period** | **Physical or Cash Settlement** | **Number of Voting Rights** | **% of Voting Rights** |
|———————————|———————————-|—————————-|———————–|
| x | Cash | 49,190 | 0.25% |
| N/A | N/A | N/A | N/A |
### Summary of Voting Rights
– The table reflects a subtotal of **49,190** voting rights accounting for **0.25%** of the total rights.
### Key Information on Persons Subject to Notification
The person obligated to notify is independent, meaning they do not control other entities nor are they controlled by anyone else.
| **Control Statement** | **Applicable** |
|———————————————————————————————————–|—————-|
| The notified person maintains independence without control by any individual or entity. | X |
### Chain of Controlled Undertakings
While the individual does hold voting rights, they are unaffiliated with others who directly or indirectly manage an interest in the issuer.
| **Full Chain Description** | **Applicability** |
|————————————-|——————|
| Details of controlled undertakings | X |
### Voting Rights Breakdown
Please find below a breakdown of the voting rights held:
| **Name** | **% of Voting Rights (if notifiable)** |
|————————————-|—————————————–|
| N/A | N/A |
This structured data provides a clear snapshot of voting rights, settlement options, and the obligations related to notification, ensuring transparency and compliance in financial reporting.# Overview of BlackRock’s Voting Rights Through Financial Instruments
|
% of Voting Rights Through Financial Instruments (if it meets or exceeds the notifiable threshold) |
Total of Both Voting Rights (if it meets or exceeds the notifiable threshold) |
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| BlackRock, Inc. | ||||
| BlackRock Finance, Inc. | ||||
| Trident Merger, LLC | ||||
| BlackRock Investment Management, LLC | ||||
| BlackRock, Inc. | ||||
| BlackRock Finance, Inc. | ||||
| BlackRock Holdco 2, Inc. | ||||
| BlackRock Financial Management, Inc. | ||||
# BlackRock’s Global Holdings Overview: Key Entities and Structure
| BlackRock International Holdings, Inc. | ||||
| BR Jersey International Holdings L.P. | ||||
| BlackRock Holdco 3, LLC | ||||
| BlackRock Cayman 1 LP | ||||
| BlackRock Cayman West Bay Finco Limited | ||||
| BlackRock Cayman West Bay IV Limited | ||||
| BlackRock Group Limited | ||||
| BlackRock Finance Europe Limited | ||||
| BlackRock Investment Management (UK) Limited | ||||
# BlackRock’s Corporate Structure: A Detailed Overview
| Company Name | ||||
| BlackRock, Inc. | ||||
| BlackRock Finance, Inc. | ||||
| BlackRock Holdco 2, Inc. | ||||
| BlackRock Financial Management, Inc. | ||||
| BlackRock Holdco 4, LLC | ||||
| BlackRock Holdco 6, LLC | ||||
| BlackRock Delaware Holdings Inc. | ||||
| BlackRock Institutional Trust Company, National Association | ||||
| BlackRock, Inc. | ||||
# Detailed Overview of BlackRock Subsidiaries in Financial Services
## Summary of Entities
| BlackRock Finance, Inc. |
| BlackRock Holdco 2, Inc. |
| BlackRock Financial Management, Inc. |
| BlackRock Holdco 4, LLC |
| BlackRock Holdco 6, LLC |
| BlackRock Delaware Holdings Inc. |
| BlackRock Fund Advisors |
| BlackRock, Inc. |
### Overview of Financial Affiliations
BlackRock operates through various subsidiaries that cater to diverse financial services. Notably, entities such as **BlackRock Finance, Inc.** and **BlackRock Fund Advisors** contribute significantly to its broad service offerings. Other subsidiaries like **BlackRock Holdco 2, Inc.** and **BlackRock Holdco 4, LLC** play specialized roles within the company’s vast network.
### Significance of BlackRock in Financial Markets
Established as a leading investment management company, BlackRock continues to influence financial markets worldwide. Each subsidiary contributes to its comprehensive investment strategies, fostering growth and stability in a constantly evolving economic landscape.# BlackRock’s Diverse Financial Subsidiaries: A Comprehensive Overview
| BlackRock Financial Management, Inc. | ||||
| BlackRock, Inc. | ||||
| BlackRock Finance, Inc. | ||||
| BlackRock Holdco 2, Inc. | ||||
| BlackRock Financial Management, Inc. | ||||
| BlackRock Capital Holdings, Inc. | ||||
| BlackRock Advisors, LLC | ||||
| BlackRock, Inc. | ||||
# BlackRock Engages in Key Financial Activities in London
| BlackRock Finance, Inc. | ||||
| Trident Merger, LLC | ||||
| BlackRock Investment Management, LLC | ||||
| Amethyst Intermediate, LLC | ||||
| Aperio Holdings, LLC | ||||
| Aperio Group, LLC | ||||
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10. In case of proxy voting, please identify: |
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| Name of the proxy holder | ||||
| The number and % of voting rights held | ||||
| The date until which the voting rights will be held | ||||
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11. Additional information xvi |
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BlackRock Regulatory Threshold Reporting Team Jana Blumenstein 020 7743 3650 |
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| Place of completion | 12 Throgmorton Avenue, London, EC2N 2DL, U.K. |
| Date of completion | 13 May 2025 |
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of any organization.
