GEMFIELDS GROUP LIMITED

Board/Management Information • Dec 4, 2020

National Storage Mechanism | Additional information

RNS Number : 5297H

Gemfields Group Limited

04 December 2020

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")

Appointment of Non-Executive Director

LONDON, 4 DECEMBER 2020

Gemfields is pleased to announce that Mary Reilly will join the Board as an independent non-executive director with immediate effect. Mary also joins Gemfields' Audit Committee in place of its Non-Executive Chairman, Martin Tolcher.

Mary has over thirty years of international experience as a chartered accountant and non-executive director, working across a variety of sectors including luxury retail, mining, manufacturing, business services, sports, travel and media. With a particular interest in dynamic consumer-facing businesses, she is experienced at chairing boards, audit and risk committees.

Gemfields' Non-Executive Chairman, Martin Tolcher, commented: "Mary brings deep experience and enthusiasm to Gemfields' Board of Directors and I am pleased to welcome her at this crucial time in the Company's history. As a serving non-executive director on the boards of FTSE 250, FTSE 350 and Nasdaq companies, and with 26 years as an audit partner at Deloitte, we are very much looking forward to working with Mary, benefitting from her international and hard-earned governance experience, and to tapping her Internet and consumer-facing expertise, especially in the luxury retail sector which plays such a pivotal role in promoting and selling precious coloured gemstones".

The following information regarding the appointment of Mary Margaret Reilly (aged 67) is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

Current Directorships or Partnerships	Previous Directorships of Partnerships held in the past 5 years:
Crown Agents International Development	The Crown Agents Foundation
Mitie Group Plc	Ferrexpo plc
Essentra Plc	Saranac Partners Limited
Invictus Games Foundation	Crown Agents Limited
Institute of Imagination	Cape plc
TravelZoo, Inc.	Crown Agents Bank Limited
	Cabim Limited

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for Companies.

-ENDS- 

Further information on Gemfields Group Limited can be found at:

GEMFIELDSGROUP.COM

To join our investor mailing list, contact us on:

companysecretary@gemfields.com

For any press enquiries please contact us on:

gemfields@camarco.co.uk

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 Clayton Bush / Scott Mathieson / Kane Collings T: +44(0) 20 3100 2222
FINANCIAL PR/ IR	Camarco Gordon Poole / Jennifer Renwick / 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.

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