Transaction in Own Shares

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")

Transaction in Own Shares and Total Voting Rights

LONDON, 3 OCTOBER 2023

Gemfields announces that on Monday 2 October 2023, the Company purchased 233,308 of its own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") all at a price of ZAR3.10. These Ordinary Shares will be held as treasury shares before being periodically cancelled. Any cancellations will be announced separately.

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  8,370,432. 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 1,213,547,672. 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 time	Number of shares repurchased	Transaction price (ZAR)	Trading venue
2 October 2023, 12:04 SA time	3,842	3.10	JSE
2 October 2023, 12:04 SA time	1,538	3.10	JSE
2 October 2023, 12:05 SA time	19,620	3.10	JSE
2 October 2023, 12:05 SA time	14,516	3.10	JSE
2 October 2023, 12:05 SA time	6,491	3.10	JSE
2 October 2023, 12:10 SA time	13,752	3.10	JSE
2 October 2023, 12:10 SA time	11,248	3.10	JSE
2 October 2023, 12:10 SA time	4,033	3.10	JSE
2 October 2023, 13:01 SA time	19,563	3.10	JSE
2 October 2023, 13:01 SA time	30,437	3.10	JSE
2 October 2023, 13:01 SA time	8,068	3.10	JSE
2 October 2023, 14:47 SA time	12,337	3.10	JSE
2 October 2023, 14:47 SA time	37,663	3.10	JSE
2 October 2023, 15:23 SA time	100	3.10	JSE
2 October 2023, 16:40 SA time	24,226	3.10	JSE
2 October 2023, 16:40 SA time	25,774	3.10	JSE
2 October 2023, 16:49 SA time	100	3.10	JSE

-ENDS-

Further information on Gemfields Group Limited can be found at:

 GEMFIELDSGROUP.COM

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For any press enquiries please contact us on:
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ENQUIRIES

 

GEMFIELDS	Sean Gilbertson / David Lovett / Ian Hughes [e-mail] T:  [phone]
SPONSOR (JSE)	Investec Bank Limited
NOMINATED ADVISER (AIM) & JOINT BROKER	Cavendish Capital Markets Limited Neil McDonald / Edward Whiley / Tim Redfern T: [phone]
JOINT BROKER	Liberum Scott Mathieson / Kane Collings T: [phone]
FINANCIAL PR/ IR	Camarco Gordon Poole / Emily Hall T: [phone]

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

 

END