Caledonia Mining Corporation Plc: Purchase of Shares by a PDMR

ST HELIER, CHANNEL ISLANDS--(Marketwired - Dec. 2, 2016) - Caledonia Mining Corporation Plc (CAL.TO)(CALVF)(CMCL.L) ("Caledonia" or the "Company") announces that it received notice today that Mr Maurice Mason, the Company's Vice President, Corporate Development and Investor Relations, has purchased a total of 35,000 shares in the Company at a price of £0.89 per share. Mr Mason is classified as a Person Discharging Managerial Responsibility for the purposes of Market Abuse Regulations. Following this transaction Mr Mason owns 35,000 shares in the Company representing approximately 0.07 per cent of the issued share capital of the Company.

Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.

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 associated
a)	Name		Maurice Mason
2	Reason for the notification
a)	Position/status		Vice President, Corporate Development and Investor Relations, Caledonia Mining Corporation plc
b)	Initial notification/ Amendment		Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Caledonia Mining Corporation plc
b)	LEI		N/A
4	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
a)	Description of the financial instrument, type of instrument		Common Shares of no par value each
	Identification code		JE00BD35H902
b)	Nature of the transaction		Purchase of shares
c)	Price(s) and volume(s)			Price(s)	Volume(s)
				89 British pence	35,000
d)	Aggregated information
	-	Aggregated volume	35,000
	-	Price	89 British pence
e)	Date of the transaction		2 December 2016
f)	Place of the transaction		London Stock Exchange, AIM