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Dividend Finalisation
GEMFIELDS GROUP LIMITED
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")
Dividend Finalisation
LONDON, 8 APRIL 2022
Further to the Company’s announcement on 25 March 2022 containing details of the Special
Dividend (“Dividend”) declared by Gemfields, notice is hereby given that the dividend, being a
gross dividend of approximately USDc 1.70109 per ordinary share, payable from income reserves,
will be converted from United States Dollars (USD) to South African Rand (ZAR) and Great
British Pounds (GBP) at the below exchange rates on Thursday, 7 April 2022, obtained from
currency conversion transactions the Company entered:
- JSE shareholders – USD/ZAR 14.7323, equating to a dividend of approximately ZARc
25.06097 per share
- AIM shareholders – USD/GBP 0.7630, equating to a dividend of approximately GBP
pence 1.29785 per share
Shareholders are reminded that the relevant dates relating to the payment of dividend are as
follows:
2022
Last date to effect removal of shares between the UK (AIM) and SA
(JSE) registers Tuesday, 19 April
The last day to trade in Gemfields shares in order to qualify to
participate in the Dividend Tuesday, 19 April
Shares start trading ‘ex’ dividend in SA Wednesday, 20 April
Shares start trading ‘ex’ dividend in UK Thursday, 21 April
Record date for participation in the Dividend Friday, 22 April
Removal of shares between UK and SA registers permissible from Monday, 25 April
Payment date Friday, 6 May
Share certificates may not be dematerialised or re-materialised between Wednesday, 20 April 2022
and Friday, 22 April 2022, both days inclusive.
Additional information for South African resident shareholders of Gemfields is noted below:
- Tax reference number in (United Kingdom) is 32518 26138.
- The current issued ordinary share capital of Gemfields is 1,175,716,710 ordinary shares.
- The dividend paid by Gemfields to South African resident shareholders registered on the
South African register is subject to South African Dividend Tax (“Dividend Tax”) of 20%
(subject to any available exemptions as legislated).
- Shareholders are advised that Gemfields will not deduct any applicable Dividend Tax at
source.
- Shareholders registered on the South African register who are exempt from paying the
Dividend Tax will receive a dividend of approximately ZARc 25.06097 per share paid by
Gemfields. These exempt shareholders are advised to contact their broker or CSDP to
confirm their tax status to ensure no Dividend Tax is deducted by the regulatory
intermediary.
- Shareholders registered on the South African register who are not exempt from paying the
Dividend Tax will receive a net dividend of approximately ZARc 20.04878 per share (gross
dividend of approximately ZARc 25.06097 per share less Dividend Tax of approximately
ZARc 5.01219 per share). These non-exempt shareholders are advised to contact their
broker or CSDP so that the Dividend Tax can be withheld by the regulatory intermediary.
- Shareholders who are in doubt as to their tax status or position or any other matter,
including, inter alia, any exchange control requirement, should consult an appropriate
independent professional advisor in their relevant jurisdiction without delay.
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 Lawrie
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
SEDIBELO SALE PROCESS Scott Mathieson
Liberum
T: +44(0) 20 3100 2222
NOMINATED ADVISER finnCap
(AIM) & JOINT BROKER 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 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 Group Limited
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
Date: 08-04-2022 12:15:00
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