Sharenet Sites 
Sharenet Sites
TR-1: Standard form for notification of major holdings
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")
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)(i)
ISIN No: GG00BG0KTL52
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached(ii): Gemfields Group Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)(iii):
3. Details of person subject to the notification obligation (iv)
Name Assore International Holdings Limited
City and country of registered office (if applicable) London, United Kingdom
4. Full name of shareholder(s) (if different from 3.) (v)
Name Assore International Holdings Limited
City and country of registered office (if applicable) Winchester, United Kingdom
5. Date on which the threshold was crossed or
18 October 2023
reached (vi):
6. Date on which issuer notified (DD/MM/YYYY): 1 November 2023
7. Total positions of person(s) subject to the notification obligation
% of voting rights Total number of
% of voting rights at-
through financial instru- Total of both in % voting rights held
tached to shares (to-
ments (8.A + 8.B) in issuer (8.A +
tal of 8. A)
(total of 8.B 1 + 8.B 2) 8.B) (vii)
Resulting situation
on the date on which
threshold was
28.269% 28.269% 340,367,121
crossed or reached
Position of previous
notification (if 27.23% 27.23% 328,147,940
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached viii
A: Voting rights attached to shares
Class/type of Number of voting rights (ix) % of voting rights
shares
ISIN code (if possible) Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
GG00BG0KTL52 340,367,121 28.269%
SUBTOTAL 8. A
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Number of voting rights
Type of financial in- Expiration Exercise/ that may be acquired if
% of voting rights
strument date (x) Conversion Period (xi) the instrument is
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Exercise/ Physical or
Type of financial Expiration Number of
Conversion Pe- cash % of voting rights
instrument date (x) voting rights
riod (xi) Settlement (xii)
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity X
(please add additional rows as necessary) (xiv)
% of voting rights
% of voting rights if it Total of both if it
through financial in-
equals or is higher equals or is higher
Name (xv) struments if it equals
than the notifiable than the notifiable
or is higher than the
threshold threshold
notifiable threshold
Assore Holding Proprie-
28.269% 28.269%
tary Limited
Assore International
28.269% 28.269%
Holdings Limited
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information (xvi)
Place of completion Winchester
Date of completion 18 October
2 November 2023
Sponsor: Investec Bank Limited
Date: 02-11-2023 10:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
