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GEMFIELDS GROUP LIMITED
Director's Dealing • Apr 19, 2023
7667_dirs_2023-04-19_21a7eac7-276c-4be3-900f-727f9c9e2bb8.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 7242W
Gemfields Group Limited
19 April 2023
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, 19 APRIL 2023
Gemfields has received notice that David Lovett, CFO, has transferred 1,400,000 ordinary shares of USD0.00001 each in the Company ("Ordinary Shares"), to his spouse, Rosie Lovett, at no cost, a direct to indirect beneficial transfer to an associate under the definition of the JSE.
Following the transfer, David Lovett's interest in Ordinary Shares (including that of his persons closely associated) remains unchanged, at 1,442,000 Ordinary Shares, representing 0.12 per cent of the Company's issued share capital.
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 | David Lovett (and persons closely associated) | |||
| 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 | Transfer to spouse of Ordinary Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| Nil | 1,400,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | 1,400,000 | ||||
| - Price | Nil cost | ||||
| e) | Date of the transaction | 18 April 2023 | |||
| f) | Place of the transaction | Off market transfer |
-ENDS-
Further information on Gemfields Group Limited can be found at:
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ENQUIRIES
| GEMFIELDS | Sean Gilbertson / David Lovett / Ian Hughes T: +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 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, 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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