TIDMGEM

RNS Number : 5868O

Gemfields Group Limited

04 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")

Transaction in Own Shares and Total Voting Rights

LONDON, 4 OCTOBER 2023

Gemfields announces that on Tuesday 3 October 2023, the Company purchased 245,366 of its own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an average price of ZAR3.1450. These Ordinary Shares will be held as treasury shares before being periodically cancelled. Any cancellations will be announced separately.

 
 Date of purchase:                       3 October 2023 
--------------------------------------  --------------- 
 Number of ordinary shares purchased:    245,366 
 Highest price paid per share:           ZAR3.15 
 Lowest price paid per share:            ZAR3.04 
 Volume weighted average price           ZAR3.1450 
  paid per share: 
 

A list of all trades completed can be found at the bottom of this announcement.

Following this purchase, the total number of Ordinary Shares held in treasury by the Company is 8,615,798. The total number of Ordinary Shares in issue is 1,221,918,104, including treasury shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is 1,213,302,306. This is the total voting rights figure which may be used by shareholders as the denominator for the calculations by which they can determine whether they are required to notify their interests in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 
 Transaction date and                Number of          Transaction   Trading 
  time                      shares repurchased          price (ZAR)     venue 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 13:30 
  SA time                                7,330                 3.04       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 13:30 
  SA time                                2,000                 3.05       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                                9,177                 3.13       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                                2,204                 3.13       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                               25,000                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                                2,686                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                                7,314                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:45 
  SA time                                  891                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:49 
  SA time                                1,120                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:56 
  SA time                                8,136                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:56 
  SA time                               16,864                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 14:56 
  SA time                                5,628                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:00 
  SA time                                3,274                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:00 
  SA time                               46,726                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:00 
  SA time                                8,908                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:00 
  SA time                                2,360                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:09 
  SA time                                6,537                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:09 
  SA time                               43,463                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:09 
  SA time                                9,687                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:40 
  SA time                                8,240                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:40 
  SA time                               16,760                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 15:40 
  SA time                                5,686                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 16:45 
  SA time                                2,900                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 16:45 
  SA time                                1,486                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 16:45 
  SA time                                  988                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 3 October 2023, 17:00 
  SA time                                    1                 3.15       JSE 
-----------------------  ---------------------  -------------------  -------- 
 
 

-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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSFLFIDIRLVIIV

(END) Dow Jones Newswires

October 04, 2023 02:00 ET (06:00 GMT)

Gemfields (LSE:GEM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Gemfields Charts.
Gemfields (LSE:GEM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Gemfields Charts.