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TR-1: Standard form for notification of major holdings
Gemfields Group Limited
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")
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 acquisition or disposal of financial instruments
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
28-Jul-2023
6. Date on which Issuer notified
03-Aug-2023
7. Total positions of person(s) subject to the notification
obligation
% of voting
% of voting rights through
Total number of
rights attached financial Total of both in
voting rights
to shares (total instruments % (8.A + 8.B)
held in issuer
of 8.A) (total of 8.B 1 +
8.B 2)
Resulting
situation on
the date on
which 11.680000 0.000000 11.680000 142809520
threshold was
crossed or
reached
Position of
previous 10.010000 0.000000 10.010000
notification (if
applicable)
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 Number of direct Number of indirect % of direct % of indirect
shares ISIN voting rights voting rights voting rights voting rights
code(if possible) (DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
GG00BG0KTL52 110896283 31913237 9.070000 2.610000
Sub Total 8.A 142809520 11.680000%
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Number of voting rights that
% of
Type of financial Expiration Exercise/conversion may be acquired if the
voting
instrument date period instrument is
rights
exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of % of
Expiration Exercise/conversion Physical or cash Number of
financial voting
date period settlement voting rights
instrument 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)
% of voting rights
% of voting through financial
Total of both if it
rights if it equals instruments if it
Ultimate Name of controlled equals or is higher
or is higher than equals or is
controlling person undertaking than the notifiable
the notifiable higher than the
threshold
threshold notifiable
threshold
Rational
Kalander
Expectations 9.070000 0.000000 9.070000%
Trust
(Pty) Ltd
Afrika Beaucourt
Avontuur Holdings 0.030000 0.000000 0.030000%
Trust (Pty) Ltd
Kalander Potdrie (Pty)
0.280000 0.000000 0.280000%
Trust Ltd
Groenpunt
Groenpunt
Kapitaal 0.230000 0.000000 0.230000%
Trust
Limited
Rozendal &
Vinkel Trust Associates 0.590000 0.000000 0.590000%
Holdings Ltd
Afrika
Afrika
Avontuur
Avontuur 1.480000 0.000000 1.480000%
Kapitaal
Trust
(Pty) Ltd
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
9.07% directly (the party subject to reporting notification) and their
respective % holdings are as follows:
1: Rozendal & Associates Holdings Limited - 0.59%
2: Groenpunt Kapitaal Limited - 0.23%
3: Potdrie Proprietary Limited - 0.28%
4: Afrika Avontuur Kapitaal Proprietary Limited - 1.48%
5: Beaucourt Holdings Proprietary Limited - 0.03%
12. Date of Completion
13. Place Of Completion
Cape Town
4 August 2023
Sponsor
Investec Bank Limited
Date: 04-08-2023 12:00:00
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