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GEMFIELDS GROUP LIMITED - Directors dealings

Release Date: 11/10/2018 11:50
Code(s): GML     PDF:  
Wrap Text
Director’s dealings

GEMFIELDS GROUP LIMITED
(formerly Pallinghurst Resources Limited)
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: GML.BH ISIN: GG00BG0KTL52
Share code on the JSE: GML
("Gemfields" or the "Company")



Director’s dealings


In compliance with paragraph 3.63 – 3.66 of the JSE Listings Requirements, the following information is disclosed by
the Company:

Ordinary shares: on-market

 Director                                     :     David Lovett
 Date of transaction                          :     10 October 2018
 Nature of transaction                        :     Purchase of shares
 Number of securities                         :     42,000
 Class of securities                          :     Ordinary shares
 Price per share                              :     ZAR 2.15
 Value of transaction                         :     ZAR 90,300
 Nature of interest                           :     Direct beneficial
 Clearance obtained                           :     Yes

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.

Further information on Gemfields Group Limited can be found at www.gemfieldsgroup.com.

For any press enquiries please contact us on investor.relations@gemfields.com.

Guernsey
11 October 2018

Sponsor
Investec Bank Limited

Date: 11/10/2018 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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