GEMFIELDS GROUP LIMITED - Issue of Equity and Total Voting Rights

Issue of Equity 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")

Issue of Equity and Total Voting Rights

LONDON, 25 JULY 2023

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted
108,000 new ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") following
the exercise of share options by a group of employees.

Applications have been made for the 108,000 new Ordinary Shares to be admitted to trading on
AIM and the JSE, both of which are expected to occur on or around 26 July 2023 ("Admission").

Following Admission there will be 1,224,647,654 Ordinary Shares in issue, including treasury
shares. The number of Ordinary Shares (excluding treasury shares) that carry the right to one vote
per Ordinary Share is 1,222,918,104. This is also 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.


                                               -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


This announcement contains inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) no. 596/2014 which forms part of domestic UK law pursuant to the European Union
(withdrawal) act 2018 ("MAR").

                                           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 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 and trading
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: 25-07-2023 08:00:00
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