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Disclosure of beneficial interests in securities
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")
Disclosure of beneficial interests in securities
LONDON, 6 SEPTEMBER 2021
In compliance with paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised
that Gemfields has received formal notification from FIL Limited (“Fidelity”) on 6 September
2021, that Fidelity disposed on 3 September 2021 of a beneficial interest in the ordinary shares of
the Company, such that the total beneficial interest in ordinary shares of the Company held by
Fidelity decreased from 10.99% and is now 5.99% of the total issued shares of the Company.
Following the disposal, Fidelity held a total of 69,265,351 ordinary shares in the Company. Fidelity
also holds 831,281 contracts for differences, the equivalent of 0.07% of the total issued shares in
the Company. The number of contracts for differences remains unchanged.
The disposal was conducted as an off-market block trade and online share price services including
the Financial Times reported the trade at ZAR 3.20 per share.
Fidelity’s completed form TR-1 is attached.
-ENDS-
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
Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
T +44 (0)1481 731 554
gemfieldsgroup.com
ENQUIRIES
GEMFIELDS Sean Gilbertson / David Lovett / Mark Lawrie
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
SEDIBELO SALE PROCESS Liberum
Nehal Patel
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 / Nick Hennis
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
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GG00BG0KTL52
Issuer Name
GEMFIELDS GROUP LIMITED
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
FIL Limited
City of registered office (if applicable)
Hamilton
Country of registered office (if applicable)
Bermuda
4. Details of the shareholder
Full name of shareholder(s) if different from the
person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
03-Sep-2021
6. Date on which Issuer notified
06-Sep-2021
7. Total positions of person(s) subject to the notification
obligation
% of voting
% of voting
rights through
rights Total of Total number of
financial
. attached to
instruments
both in % voting rights held
shares (total (8.A + 8.B) in issuer
(total of 8.B 1
of 8.A)
+ 8.B 2)
Resulting
situation on
the date on
which 5.92% 0.07% 5.99% 70,096,632
threshold was
crossed or
reached
Position of
previous
10.92% 0.07% 10.99%
notification (if
applicable)
8. Notified details of the resulting situation on the date on
which the threshold was crossed or reached
8A. Voting rights attached to shares
Number of
Class/Type of Number of indirect % of direct % of indirect
direct voting
shares ISIN voting rights voting rights voting rights
rights
code(if possible) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
(DTR5.1)
GG00BG0KTL52 69,265,351 5.92%
Sub Total 8.A 69,265,351 5.92%
8B1. Financial Instruments according to (DTR5.3.1R.(1)
(a))
Number of voting rights that
% of
Type of financial Expiration Exercise/conversion may be acquired if the
voting
instrument date period instrument is
rights
exercised/converted
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of Physical or % of
Expiration Exercise/conversion Number of
financial cash voting
date period voting rights
instrument settlement rights
CFD Cash 831,281 0.07%
Sub Total
831,281 0.07%
8.B2
9. Information in relation to the person subject to the
notification obligation
2. 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
entities (please add additional rows as necessary)
% of voting rights
% of voting
through financial Total of both
rights if it
Ultimate instruments if it if it equals or
Name of controlled equals or is
controlling equals or is is higher than
undertaking higher than
person higher than the the notifiable
the notifiable
notifiable threshold
threshold
threshold
FIL Limited FIL Limited 5.92% 0.07% 5.99%
FIL Holdings
FIL Limited 5.92% 0.07% 5.99%
(UK) Limited
FIL
FIL Limited Investments 5.92% 0.07% 5.99%
International
10. In case of proxy voting
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
12. Date of Completion
06-Sep-2021
13. Place Of Completion
Dublin, Ireland
Date: 06-09-2021 05:45:00
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