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GEMFIELDS GROUP LIMITED
Director's Dealing • Apr 26, 2022
7667_dirs_2022-04-26_5607fe68-fea4-4426-a6fa-f9667f539696.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3905J
Gemfields Group Limited
26 April 2022
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")
Director/PDMR Shareholding
LONDON, 26 APRIL 2022
In accordance with AIM Rule 17, shareholders are advised that Gemfields has received notice that Adrian Banks, a PDMR of the Company, has sold 830,850 ordinary shares of USD0.00001 each in the company ("Ordinary Shares"), at an average price of 3.51 Rand per Ordinary Share. Following the above transaction, Mr Banks has an interest in 11,888 Ordinary Shares, representing 0.00 per cent of the Company.
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, we disclose the following additional information:
| Nature of transaction | On market sale of shares |
| Volume weighted average price | R3.51 (R3.47 net of transaction costs) |
| Total value of transaction | R2,883,825.89 (net of transaction costs) |
| Highest price | R3.62 |
| Lowest price | R3.48 |
| Nature of interest | DIRECT BENEFICIAL |
Clearance was obtained for the above dealings in securities.
-ENDS-
Further information on Gemfields Group Limited can be found at:
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ENQUIRIES
| GEMFIELDS | Sean Gilbertson / David LovettT: +44(0) 20 7518 3400 |
| SPONSOR (JSE) | Investec Bank Limited |
| 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 / Emily HallT: +44(0) 20 3757 4980 |
ADDITIONAL INFORMATION ON GEMFIELDS
Gemfields is a world-leading miner of responsible 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
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Adrian Banks | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | PDMR | |||
| b) | Initial notification /Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Gemfields Group Limited | |||
| b) | LEI | 21380017GAVXTCYS5R31 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of USD0.00001 each | |||
| Identification code | ISIN: GG00BG0KTL52 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| R3.48 to R3.62 | 830,850 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | 830,850 | ||||
| - Price | R3.51 | ||||
| e) | Date of the transaction | 26 April 2022 | |||
| f) | Place of the transaction | London Stock Exchange |
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