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GEMFIELDS GROUP LIMITED
Major Shareholding Notification • Sep 29, 2021
7667_rns_2021-09-29_2af0e969-c29b-4113-92d9-bb279d6eb880.html
Major Shareholding Notification
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National Storage Mechanism | Additional information 
RNS Number : 4533N
Gemfields Group Limited
29 September 2021
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")
Disclosure of beneficial interests in securities
LONDON, 29 SEPTEMBER 2021
In compliance with paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Gemfields received formal notification on 29 September 2021 from Assore International Holdings Limited ("AIHL") that AIHL acquired, on 29 September 2021, a beneficial interest in 156,863,106 ordinary shares of the Company. Following the acquisition, AIHL held a total of 305,810,560 ordinary shares in the Company representing 26.17% of the total issued share capital in the Company.
Bloomberg reported a block trade totalling 137,500,000 shares at a price of ZAR 3.50 per share on 27 September 2021.
AIHL's completed TR-1 form has been released separately.
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Further information on Gemfields Group Limited can be found at:
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ENQUIRIES
| GEMFIELDS | Sean Gilbertson / David Lovett / Mark LawrieT: +44(0) 20 7518 3400 |
| SPONSOR (JSE) | Investec Bank Limited |
| SEDIBELO SALE PROCESS | Liberum Nehal Patel T: +44(0) 20 3100 2222 |
| NOMINATED ADVISER (AIM) & JOINT BROKER |
finnCap 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 / Nick HennisT: +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
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