To view the PDF file, sign up for a MySharenet subscription.

GEMFIELDS GROUP LIMITED - Notification of Major Holdings

Release Date: 04/08/2023 12:00
Code(s): GML     PDF:  
Wrap Text
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")


Notification of major holdings

LONDON, 4 AUGUST 2023

In compliance with paragraph 3.83(b) of the JSE Listings Requirements and AIM Rule 17,
shareholders are advised that Gemfields received formal notification on 3 August 2023 from
Rozendal Associate Holdings (“Rational Expectations”) that it, combined with related parties, now
holds a total of 142,809,520 ordinary shares in the Company, equivalent to 11.68 per cent of the
total issued shares in the Company. Shareholders are advised that Rational Expectations’
shareholding represents 11.69 per cent of the total issued shares in the Company that carry voting
rights as at today’s date, as the Company currently holds 2,729,550 treasury shares.

Rational Expectations’ completed TR-1 form has been released separately.


                                               -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                finnCap
(AIM) & JOINT BROKER             Christopher Raggett/Tim Redfern/Edward Whiley
                                 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 supplier of responsibly sourced 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 licenses 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, advancing the wider group’s “mine and market” vision.


Gemfields has developed a proprietary grading system and a pioneering auction and trading
platform to provide a consistent supply of coloured gemstones to downstream markets, a key
component of Gemfields’ business model and 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



Date: 04-08-2023 12:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.