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GEMFIELDS GROUP LIMITED - Transaction in Own Shares and Total Voting Rights

Release Date: 26/09/2023 08:00
Code(s): GML     PDF:  
Wrap Text
Transaction in Own Shares and Total Voting Rights

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")

Transaction in Own Shares and Total Voting Rights

LONDON, 26 SEPTEMBER 2023

Gemfields announces that on 22 September 2023, the Company purchased 2,937,124 of its own
ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an aggregate price of
ZAR3.2466. These Ordinary Shares will be held as treasury shares before being periodically
cancelled. Any cancellations will be announced separately.


Date of purchase:                                          22 September 2023
Number of ordinary shares purchased:                       2,937,124
Highest price paid per share:                              ZAR3.26
Lowest price paid per share:                               ZAR3.22
Volume weighted average price paid per share:              ZAR3.2466

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
2,937,124. 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 1,218,980,980. 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.


                                       Number of
                                                   Transaction
 Transaction date and time                shares                  Trading venue
                                                   price (ZAR)
                                     repurchased
 22 September 2023, 09:01 SA time         19,999          3.26              JSE
 22 September 2023, 09:01 SA time         10,000          3.26              JSE
 22 September 2023, 09:01 SA time         20,000          3.26              JSE
 22 September 2023, 09:04 SA time          9,047          3.26              JSE
 22 September 2023, 09:04 SA time         40,954          3.26              JSE
 22 September 2023, 09:04 SA time         28,000          3.26              JSE
 22 September 2023, 09:04 SA time         72,000          3.26              JSE
 22 September 2023, 09:04 SA time         23,414          3.26              JSE
 22 September 2023, 09:04 SA time         26,651          3.26              JSE
 22 September 2023, 09:07 SA time         10,000          3.26              JSE
 22 September 2023, 09:07 SA time         90,000          3.26              JSE
 22 September 2023, 09:12 SA time          9,697          3.26              JSE
 22 September 2023, 09:12 SA time            303          3.26              JSE
 22 September 2023, 09:12 SA time          9,854          3.26              JSE
 22 September 2023, 09:12 SA time         78,646          3.26              JSE
 22 September 2023, 09:13 SA time          9,342          3.26              JSE
 22 September 2023, 09:13 SA time         90,658          3.26              JSE
 22 September 2023, 09:13 SA time          9,721          3.26              JSE
 22 September 2023, 09:13 SA time         25,279          3.26              JSE
 22 September 2023, 09:16 SA time          8,830          3.26              JSE
 22 September 2023, 09:16 SA time         41,170          3.26              JSE
 22 September 2023, 09:34 SA time          9,088          3.26              JSE
 22 September 2023, 09:34 SA time         12,884          3.26              JSE
 22 September 2023, 09:44 SA time          9,201          3.26              JSE
 22 September 2023, 09:44 SA time         15,799          3.26              JSE
 22 September 2023, 09:46 SA time          8,638          3.26              JSE
 22 September 2023, 09:46 SA time         91,362          3.26              JSE
 22 September 2023, 09:46 SA time          9,100          3.26              JSE
 22 September 2023, 09:46 SA time         15,900          3.26              JSE
 22 September 2023, 09:52 SA time          8,208          3.26              JSE
 22 September 2023, 09:52 SA time         16,392          3.26              JSE
 22 September 2023, 09:55 SA time          9,563          3.26              JSE
 22 September 2023, 09:55 SA time          9,159          3.26              JSE
 22 September 2023, 09:56 SA time          9,831          3.26              JSE
 22 September 2023, 10:04 SA time          8,986          3.26              JSE
 22 September 2023, 10:04 SA time         41,014          3.26              JSE
 22 September 2023, 10:04 SA time          9,310          3.26              JSE
 22 September 2023, 10:06 SA time          8,446          3.26              JSE
 22 September 2023, 10:06 SA time         16,554          3.26              JSE
 22 September 2023, 10:08 SA time          9,765          3.26              JSE
 22 September 2023, 10:08 SA time          9,226          3.26              JSE
 22 September 2023, 10:09 SA time          8,446          3.26              JSE
 22 September 2023, 10:24 SA time          1,100          3.26              JSE
 22 September 2023, 10:24 SA time         48,900          3.26              JSE
 22 September 2023, 10:24 SA time          8,715          3.26              JSE
 22 September 2023, 10:36 SA time          8,836          3.26              JSE
 22 September 2023, 10:36 SA time          7,456          3.26              JSE
 22 September 2023, 11:00 SA time          8,642          3.26              JSE
 22 September 2023, 11:00 SA time          8,215          3.26              JSE
 22 September 2023, 11:16 SA time          8,337          3.26              JSE
 22 September 2023, 11:16 SA time          4,780          3.26              JSE
 22 September 2023, 11:18 SA time          8,063          3.26              JSE
 22 September 2023, 11:18 SA time         16,937          3.26              JSE
 22 September 2023, 14:07 SA time          9,787          3.26              JSE
 22 September 2023, 14:07 SA time         89,795          3.26              JSE
 22 September 2023, 15:16 SA time         25,000          3.25              JSE
 22 September 2023, 15:16 SA time          3,300          3.25              JSE
 22 September 2023, 15:16 SA time          8,390          3.25              JSE
 22 September 2023, 15:16 SA time          1,261          3.25              JSE
 22 September 2023, 15:18 SA time          9,826          3.25              JSE
 22 September 2023, 15:18 SA time        156,592          3.25              JSE
 22 September 2023, 15:18 SA time         20,618          3.25              JSE
 22 September 2023, 15:18 SA time         26,832          3.25              JSE
 22 September 2023, 15:18 SA time          3,300          3.25              JSE
 22 September 2023, 15:19 SA time         20,180          3.25              JSE
 22 September 2023, 15:19 SA time        379,820          3.25              JSE
 22 September 2023, 15:19 SA time         23,432          3.25              JSE
 22 September 2023, 15:19 SA time        321,449          3.25              JSE
 22 September 2023, 15:45 SA time         10,000          3.22              JSE
 22 September 2023, 15:45 SA time          3,300          3.22              JSE
 22 September 2023, 15:45 SA time          2,325          3.22              JSE
 22 September 2023, 15:55 SA time          3,029          3.22              JSE
 22 September 2023, 15:55 SA time         46,971          3.22              JSE
 22 September 2023, 15:55 SA time          3,300          3.22              JSE
 22 September 2023, 15:55 SA time          3,300          3.22              JSE
 22 September 2023, 15:57 SA time          3,018          3.22              JSE
 22 September 2023, 15:57 SA time         46,982          3.22              JSE
 22 September 2023, 15:57 SA time          3,300          3.22              JSE
 22 September 2023, 15:57 SA time          3,300          3.22              JSE
 22 September 2023, 15:58 SA time          2,622          3.22              JSE
 22 September 2023, 15:58 SA time         13,350          3.22              JSE
 22 September 2023, 15:58 SA time          8,358          3.22              JSE
 22 September 2023, 15:58 SA time          2,439          3.22              JSE
 22 September 2023, 15:58 SA time          3,300          3.22              JSE
 22 September 2023, 16:00 SA time          5,311          3.22              JSE
 22 September 2023, 16:00 SA time         44,689          3.22              JSE
 22 September 2023, 16:00 SA time          3,300          3.22              JSE
 22 September 2023, 16:02 SA time          3,300          3.22              JSE
 22 September 2023, 16:03 SA time          2,923          3.22              JSE
 22 September 2023, 16:03 SA time         22,077          3.22              JSE
 22 September 2023, 16:04 SA time          3,300          3.22              JSE
 22 September 2023, 16:28 SA time          6,187          3.22              JSE
 22 September 2023, 16:28 SA time        215,463          3.22              JSE
 22 September 2023, 16:28 SA time          3,300          3.22              JSE
 22 September 2023, 16:28 SA time          3,300          3.22              JSE
 22 September 2023, 16:28 SA time          1,731          3.22              JSE
 22 September 2023, 16:28 SA time          3,300          3.22              JSE
 22 September 2023, 16:28 SA time          3,300          3.22              JSE
 22 September 2023, 16:30 SA time          2,750          3.22              JSE
 22 September 2023, 16:30 SA time            550          3.22              JSE
 22 September 2023, 16:32 SA time          3,300          3.22              JSE
 22 September 2023, 16:40 SA time          4,377          3.22              JSE
 22 September 2023, 16:40 SA time        217,273          3.22              JSE
 22 September 2023, 16:40 SA time          3,300          3.22              JSE
 22 September 2023, 16:40 SA time          3,300          3.22              JSE
 22 September 2023, 16:40 SA time          2,880          3.22              JSE
 22 September 2023, 16:40 SA time          3,300          3.22              JSE
 22 September 2023, 16:40 SA time          3,300          3.22              JSE
 22 September 2023, 16:41 SA time          2,491          3.22              JSE
 22 September 2023, 16:41 SA time            809          3.22              JSE
 22 September 2023, 16:43 SA time          3,300          3.22              JSE
 22 September 2023, 16:44 SA time            805          3.22              JSE
 22 September 2023, 17:00 SA time          3,323          3.22              JSE
 22 September 2023, 17:00 SA time          1,690          3.22              JSE
 22 September 2023, 17:00 SA time              1          3.22              JSE

                                    -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                 Cavendish Capital Markets Limited
 (AIM) & JOINT BROKER              Neil McDonald / Edward Whiley / Tim Redfern
                                   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 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




Date: 26-09-2023 08:00:00
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