Holding(s) in Company

Gemfields Group Limited

25 October 2023

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BG0KTL52

Issuer Name

GEMFIELDS GROUP LIMITED

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Rozendal & Associates Holdings Limited

City of registered office (if applicable)

Port Louis

Country of registered office (if applicable)

Mauritius

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

18-Oct-2023

6. Date on which Issuer notified

24-Oct-2023

7. Total positions of person(s) subject to the notification obligation

	% 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
Resulting situation on the date on which threshold was crossed or reached	13.030000	0.000000	13.030000	156434855
Position of previous notification (if applicable)	12.83	0.000000	12.83

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GG00BG0KTL52	121421618	35013237	10.110000	2.920000
Sub Total 8.A	156434855		13.030000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Kalander Trust	Rational Expectations (Pty) Ltd	10.113000	0.000000	10.113000%
Afrika Avontuur Trust	Beaucourt Holdings (Pty) Ltd	0.039000	0.000000	0.039000%
Kalander Trust	Potdrie (Pty) Ltd	0.284000	0.000000	0.284000%
Groenpunt Trust	Groenpunt Kapitaal Limited	0.232000	0.000000	0.232000%
Vinkel Trust	Rozendal & Associates Holdings Ltd	0.597000	0.000000	0.597000%
Afrika Avontuur Trust	Afrika Avontuur Kapitaal (Pty) Ltd	1.765000	0.000000	1.765000%

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

The following parties are related to Rational Expectations holding 10.113% directly (the party subject to reporting notification) and their respective % holdings are as follows:

1: Rozendal & Associates Holdings Limited - 0.597%
2: Groenpunt Kapitaal Limited - 0.232%
3: Potdrie Proprietary Limited - 0.284%
4: Afrika Avontuur Kapitaal Proprietary Limited - 1.765%
5: Beaucourt Holdings Proprietary Limited - 0.039

12. Date of Completion

13. Place Of Completion

Cape Town

 

END