TIDMGEM

RNS Number : 5688O

Gemfields Group Limited

03 October 2023

Incorporated in Guernsey. Guernsey registration Number: 47656.

South African external company registration number 2009/012636/10

Share code on JSE:GML / AIM:GEM

       ISIN: GG00BG0KTL52   |   LEI: 21380017GAVXTCYS5R31 

("Gemfields" or the "Company")

Notification of major holdings

LONDON, 3 OCTOBER 2023

In compliance with paragraph 3.83(b) of the JSE Listings Requirements and AIM Rule 17, shareholders are advised that Gemfields received formal notification on 3 October 2023 from Rozendal Associate Holdings ("Rational Expectations") that it, combined with related parties, held a total of 156,434,855 ordinary shares in the Company as of 26 September 2023, equivalent to 12.83 per cent of the total issued shares in the Company (excluding treasury shares). Shareholders are advised that Rational Expectations' shareholding represents 12.89 per cent of the total issued shares in the Company that carry voting rights as at today's date, as the Company currently holds 8,370,432 treasury shares.

Rational Expectations' completed TR-1 form has been released separately.

-ENDS-

Further information on Gemfields Group Limited can be found at:

GEMFIELDSGROUP.COM

To join our investor mailing list, contact us on:

ir@gemfields.com

For any press enquiries please contact us on:

gemfields@camarco.co.uk

ENQUIRIES

 
 GEMFIELDS               Sean Gilbertson / David Lovett / Ian 
                          Hughes 
                          ir@gemfields.com 
                          T: +44(0) 20 7518 3400 
 SPONSOR (JSE)           Investec Bank Limited 
                        ------------------------------------- 
 NOMINATED ADVISER       Cavendish Capital Markets Limited 
  (AIM) & JOINT BROKER    Neil McDonald / Edward Whiley / Tim 
                          Redfern 
                          T: +44(0) 20 7220 0500 
                        ------------------------------------- 
 JOINT BROKER            Liberum 
                          Scott Mathieson / Kane Collings 
                          T: +44(0) 20 3100 2222 
                        ------------------------------------- 
 FINANCIAL PR/ IR        Camarco 
                          Gordon Poole / Emily Hall 
                          T: +44(0) 20 3757 4980 
                        ------------------------------------- 
 

ADDITIONAL INFORMATION ON GEMFIELDS

Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world's single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licences in Zambia, Mozambique, Ethiopia and Madagascar.

Gemfields' outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage - enables Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones through Fabergé designs, advancing the wider group's "mine and market" vision.

Gemfields has developed a proprietary grading system and a pioneering auction platform to provide a consistent supply of coloured gemstones to downstream markets, a key component of Gemfields' business model that has played an important role in the growth of the global coloured gemstone sector.

GEMFIELDS

GEMFIELDS.COM | INVESTORS | FOUNDATION

INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

FABERGÉ

FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

KAGEM MINING LINKEDIN

MONTEPUEZ RUBY MINING LINKEDIN

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END

HOLMJBITMTIMBRJ

(END) Dow Jones Newswires

October 03, 2023 11:30 ET (15:30 GMT)

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