Gemfields Group Limited Director/PDMR Shareholding (6839W)
December 14 2023 - 1:00AM
UK Regulatory
TIDMGEM
RNS Number : 6839W
Gemfields Group Limited
14 December 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")
PDMR Dealing, Issue of Equity and Total Voting Rights
LONDON, 14 DECEMBER 2023
In accordance with AIM Rule 17, shareholders are advised that
Gemfields has issued and allotted 471,377 new ordinary shares of
USD0.00001 each in the Company ("Ordinary Shares") following the
exercise of share options by Kartikeya Parikshya (a person
discharging managerial responsibilities, or "PDMR").
Mr Parikshya has exercised 471,377 share options at an exercise
price of ZAR2.97 per Ordinary Share. A further announcement will be
made once the shares have been sold. Following the above
transactions, Mr Parikshya will own 45,000 Ordinary Shares,
representing 0.004 per cent of the Company.
Applications have been made for the 471,377 new Ordinary Shares
to be admitted to trading on AIM and the JSE, both of which are
expected to occur on or around 18 December 2023 ("Admission").
Following Admission there will be 1,222,389,481 Ordinary Shares
in issue, including treasury shares. Following Admission the number
of Ordinary Shares (excluding treasury shares) that carry the right
to one vote per Ordinary Share will be 1,166,695,130. This is also
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.
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Kartikeya Parikshya
------------------------------------- -----------------------------------------
Reason for the notification
2
--------------------------------------------------------------------------------
a) Position/status PDMR
------------------------------------- -----------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------- -----------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a) Name Gemfields Group Limited
------------------------------------- -----------------------------------------
b) LEI 21380017GAVXTCYS5R31
------------------------------------- -----------------------------------------
Details of the transaction(s): section to be repeated
4 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 Ordinary Shares of USD0.00001 each
financial instrument,
type of instrument
Identification code ISIN: GG00BG0KTL52
b) Nature of the transaction Exercise of Share Options
------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------- -----------------
Price(s) Volume(s)
------------------- -----------------
ZAR2.97 471,377
-------------------------------------------------------------- -----------------
d) Aggregated information
- Aggregated volume 471,377
- Price ZAR 2.97
e) Date of the transaction 14 December 2023
f) Place of the transaction Johannesburg Stock Exchange
------------------------------------- -----------------------------------------
-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 Liberum
(AIM) & BROKER Scott Mathieson / John More / Kane
Collings / Anake Singh
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
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