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GEMFIELDS GROUP LIMITED - Notification of Major Holdings

Release Date: 01/08/2023 08:00
Code(s): GML     PDF:  
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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")


Notification of major holdings

LONDON, 1 AUGUST 2023

In compliance with paragraph 3.83(b) of the JSE Listings Requirements and AIM Rule 17,
shareholders are advised that Gemfields received formal notification on 31 July 2023 from Ninety
One UK Limited (“Ninety One”) that it now holds a total of 60,870,685 ordinary shares in the
Company, equivalent to 4.97 per cent of the total issued shares in the Company. Shareholders are
advised that Ninety One’s shareholding represents 4.98 per cent of the total issued shares in the
Company that carry voting rights, as the Company currently holds 2,729,550 treasury shares.

Ninety One’s completed TR-1 form has been released separately.


                                              -ENDS-


               Further information on Gemfields Group Limited can be found at:
                                     GEMFIELDSGROUP.COM

                         To join our investor mailing list, contact us on:
                                         ir@gemfields.com

                          For any press enquiries please contact us on:
                                    gemfields@camarco.co.uk


                                           ENQUIRIES

 GEMFIELDS                         Sean Gilbertson/David Lovett/Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited

 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 supplier of responsibly sourced 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 licenses 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



Date: 01-08-2023 08:00:00
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