GEMFIELDS GROUP LIMITED - Transaction in Own Shares and Total Voting Rights

Transaction in Own Shares and Total Voting Rights

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")


Transaction in Own Shares and Total Voting Rights

LONDON, 31 JULY 2023

Gemfields announces that on 28 July 2023, the Company purchased 1,000,000 of its own ordinary
shares of USD0.00001 each in the Company ("Ordinary Shares") at a price of ZAR3.45. These
Ordinary Shares will be held as treasury shares before being periodically cancelled. Any
cancellations will be announced separately.

Following this purchase, the total number of Ordinary Shares held in treasury by the Company is
2,729,550. The total number of Ordinary Shares in issue is 1,224,647,654, including treasury
shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is 1,221,918,104. 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.


                                               -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

This announcement contains inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) no. 596/2014 which forms part of domestic UK law pursuant to the European Union
(withdrawal) act 2018 ("MAR").


                                           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 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 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: 31-07-2023 08:01:00
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