AI Terminal
GEMFIELDS GROUP LIMITED
Transaction in Own Shares • Sep 25, 2023
7667_rns_2023-09-25_afffe74b-469e-4704-af24-8e9b5e5d1119.html
Transaction in Own Shares
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 5029N
Gemfields Group Limited
25 September 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")
Transaction in Own Shares and Total Voting Rights
LONDON, 25 SEPTEMBER 2023
Gemfields announces that on 22 September 2023, the Company purchased 2,937,124 of its own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an aggregate price of ZAR3.2466. These Ordinary Shares will be held as treasury shares before being periodically cancelled. Any cancellations will be announced separately.
| Date of purchase: | 22 September 2023 |
| Number of ordinary shares purchased: | 2,937,124 |
| Highest price paid per share: | ZAR3.26 |
| Lowest price paid per share: | ZAR3.22 |
| Volume weighted average price paid per share: | ZAR3.2466 |
A list of all trades completed can be found at the bottom of this announcement.
Following this purchase, the total number of Ordinary Shares held in treasury by the Company is 2,937,124. The total number of Ordinary Shares in issue is 1,221,918,104, including treasury shares.
Therefore, the number of Ordinary Shares that carry the right to one vote is 1,218,980,980. This is 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 under the FCA's Disclosure Guidance and Transparency Rules.
| Transaction date and time | Number of shares repurchased | Transaction price (ZAR) | Trading venue |
| 22 September 2023, 09:01 SA time | 19,999 | 3.26 | JSE |
| 22 September 2023, 09:01 SA time | 10,000 | 3.26 | JSE |
| 22 September 2023, 09:01 SA time | 20,000 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 9,047 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 40,954 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 28,000 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 72,000 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 23,414 | 3.26 | JSE |
| 22 September 2023, 09:04 SA time | 26,651 | 3.26 | JSE |
| 22 September 2023, 09:07 SA time | 10,000 | 3.26 | JSE |
| 22 September 2023, 09:07 SA time | 90,000 | 3.26 | JSE |
| 22 September 2023, 09:12 SA time | 9,697 | 3.26 | JSE |
| 22 September 2023, 09:12 SA time | 303 | 3.26 | JSE |
| 22 September 2023, 09:12 SA time | 9,854 | 3.26 | JSE |
| 22 September 2023, 09:12 SA time | 78,646 | 3.26 | JSE |
| 22 September 2023, 09:13 SA time | 9,342 | 3.26 | JSE |
| 22 September 2023, 09:13 SA time | 90,658 | 3.26 | JSE |
| 22 September 2023, 09:13 SA time | 9,721 | 3.26 | JSE |
| 22 September 2023, 09:13 SA time | 25,279 | 3.26 | JSE |
| 22 September 2023, 09:16 SA time | 8,830 | 3.26 | JSE |
| 22 September 2023, 09:16 SA time | 41,170 | 3.26 | JSE |
| 22 September 2023, 09:34 SA time | 9,088 | 3.26 | JSE |
| 22 September 2023, 09:34 SA time | 12,884 | 3.26 | JSE |
| 22 September 2023, 09:44 SA time | 9,201 | 3.26 | JSE |
| 22 September 2023, 09:44 SA time | 15,799 | 3.26 | JSE |
| 22 September 2023, 09:46 SA time | 8,638 | 3.26 | JSE |
| 22 September 2023, 09:46 SA time | 91,362 | 3.26 | JSE |
| 22 September 2023, 09:46 SA time | 9,100 | 3.26 | JSE |
| 22 September 2023, 09:46 SA time | 15,900 | 3.26 | JSE |
| 22 September 2023, 09:52 SA time | 8,208 | 3.26 | JSE |
| 22 September 2023, 09:52 SA time | 16,392 | 3.26 | JSE |
| 22 September 2023, 09:55 SA time | 9,563 | 3.26 | JSE |
| 22 September 2023, 09:55 SA time | 9,159 | 3.26 | JSE |
| 22 September 2023, 09:56 SA time | 9,831 | 3.26 | JSE |
| 22 September 2023, 10:04 SA time | 8,986 | 3.26 | JSE |
| 22 September 2023, 10:04 SA time | 41,014 | 3.26 | JSE |
| 22 September 2023, 10:04 SA time | 9,310 | 3.26 | JSE |
| 22 September 2023, 10:06 SA time | 8,446 | 3.26 | JSE |
| 22 September 2023, 10:06 SA time | 16,554 | 3.26 | JSE |
| 22 September 2023, 10:08 SA time | 9,765 | 3.26 | JSE |
| 22 September 2023, 10:08 SA time | 9,226 | 3.26 | JSE |
| 22 September 2023, 10:09 SA time | 8,446 | 3.26 | JSE |
| 22 September 2023, 10:24 SA time | 1,100 | 3.26 | JSE |
| 22 September 2023, 10:24 SA time | 48,900 | 3.26 | JSE |
| 22 September 2023, 10:24 SA time | 8,715 | 3.26 | JSE |
| 22 September 2023, 10:36 SA time | 8,836 | 3.26 | JSE |
| 22 September 2023, 10:36 SA time | 7,456 | 3.26 | JSE |
| 22 September 2023, 11:00 SA time | 8,642 | 3.26 | JSE |
| 22 September 2023, 11:00 SA time | 8,215 | 3.26 | JSE |
| 22 September 2023, 11:16 SA time | 8,337 | 3.26 | JSE |
| 22 September 2023, 11:16 SA time | 4,780 | 3.26 | JSE |
| 22 September 2023, 11:18 SA time | 8,063 | 3.26 | JSE |
| 22 September 2023, 11:18 SA time | 16,937 | 3.26 | JSE |
| 22 September 2023, 14:07 SA time | 9,787 | 3.26 | JSE |
| 22 September 2023, 14:07 SA time | 89,795 | 3.26 | JSE |
| 22 September 2023, 15:16 SA time | 25,000 | 3.25 | JSE |
| 22 September 2023, 15:16 SA time | 3,300 | 3.25 | JSE |
| 22 September 2023, 15:16 SA time | 8,390 | 3.25 | JSE |
| 22 September 2023, 15:16 SA time | 1,261 | 3.25 | JSE |
| 22 September 2023, 15:18 SA time | 9,826 | 3.25 | JSE |
| 22 September 2023, 15:18 SA time | 156,592 | 3.25 | JSE |
| 22 September 2023, 15:18 SA time | 20,618 | 3.25 | JSE |
| 22 September 2023, 15:18 SA time | 26,832 | 3.25 | JSE |
| 22 September 2023, 15:18 SA time | 3,300 | 3.25 | JSE |
| 22 September 2023, 15:19 SA time | 20,180 | 3.25 | JSE |
| 22 September 2023, 15:19 SA time | 379,820 | 3.25 | JSE |
| 22 September 2023, 15:19 SA time | 23,432 | 3.25 | JSE |
| 22 September 2023, 15:19 SA time | 321,449 | 3.25 | JSE |
| 22 September 2023, 15:45 SA time | 10,000 | 3.22 | JSE |
| 22 September 2023, 15:45 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 15:45 SA time | 2,325 | 3.22 | JSE |
| 22 September 2023, 15:55 SA time | 3,029 | 3.22 | JSE |
| 22 September 2023, 15:55 SA time | 46,971 | 3.22 | JSE |
| 22 September 2023, 15:55 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 15:55 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 15:57 SA time | 3,018 | 3.22 | JSE |
| 22 September 2023, 15:57 SA time | 46,982 | 3.22 | JSE |
| 22 September 2023, 15:57 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 15:57 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 15:58 SA time | 2,622 | 3.22 | JSE |
| 22 September 2023, 15:58 SA time | 13,350 | 3.22 | JSE |
| 22 September 2023, 15:58 SA time | 8,358 | 3.22 | JSE |
| 22 September 2023, 15:58 SA time | 2,439 | 3.22 | JSE |
| 22 September 2023, 15:58 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:00 SA time | 5,311 | 3.22 | JSE |
| 22 September 2023, 16:00 SA time | 44,689 | 3.22 | JSE |
| 22 September 2023, 16:00 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:02 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:03 SA time | 2,923 | 3.22 | JSE |
| 22 September 2023, 16:03 SA time | 22,077 | 3.22 | JSE |
| 22 September 2023, 16:04 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 6,187 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 215,463 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 1,731 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:28 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:30 SA time | 2,750 | 3.22 | JSE |
| 22 September 2023, 16:30 SA time | 550 | 3.22 | JSE |
| 22 September 2023, 16:32 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 4,377 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 217,273 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 2,880 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:40 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:41 SA time | 2,491 | 3.22 | JSE |
| 22 September 2023, 16:41 SA time | 809 | 3.22 | JSE |
| 22 September 2023, 16:43 SA time | 3,300 | 3.22 | JSE |
| 22 September 2023, 16:44 SA time | 805 | 3.22 | JSE |
| 22 September 2023, 17:00 SA time | 3,323 | 3.22 | JSE |
| 22 September 2023, 17:00 SA time | 1,690 | 3.22 | JSE |
| 22 September 2023, 17:00 SA time | 1 | 3.22 | JSE |
-ENDS-
Further information on Gemfields Group Limited can be found at:
To join our investor mailing list, contact us on:
For any press enquiries please contact us on:
ENQUIRIES
| GEMFIELDS | Sean Gilbertson / David Lovett / Ian Hughes [email protected] T: +44(0) 20 7518 3400 |
| SPONSOR (JSE) | Investec Bank Limited |
| NOMINATED ADVISER (AIM) & JOINT BROKER |
Cavendish Capital Markets Limited Neil McDonald / Edward Whiley / Tim Redfern 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 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
POSPPUAWBUPWUAA