GEMFIELDS GROUP LIMITED - Invitation to shareholders Re: Proposed changes to Articles of Incorporation

Invitation to shareholders Re: Proposed changes to Articles of Incorporation

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")



Invitation to shareholders Re: proposed changes to Articles of Incorporation

LONDON, 9 OCTOBER 2020


Gemfields Group Limited (“Gemfields”) is pleased to advise that it has completed an external
review of its Articles of Incorporation (“Articles”). The review arose as a result of specific
suggestions received from a shareholder group, and which Gemfields then expanded to include a
general review taking into account AIM and JSE practices, Guernsey law (where Gemfields is
registered) and the governance benchmarks set by a peer group of other, including large diversified,
mining companies. The intention is to better align Gemfields with appropriate market practice and
further improve the corporate governance framework.

A copy of the proposed amendments to the Articles arising from the review (and which remain
subject to the approval of the Gemfields board) is available for viewing on the Company’s website
at the link below:

https://www.gemfieldsgroup.com/proposed-changes-to-Articles-of-Incorporation/

Gemfields invites feedback and commentary (which can be sent to
companysecretary@gemfields.com) on the proposed amendments by 17:00 UK time on Friday 11
December 2020.

Should the feedback received necessitate further amendments, Gemfields will make available a
second iteration of the proposed amendments to the Articles well before approval of the amended
Articles is sought from shareholders at Gemfields’ 2021 AGM.

                                                   




    Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                      T +44 (0)1481 731 554
                                         gemfieldsgroup.com
              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

ENQUIRIES




 GEMFIELDS                         Sean Gilbertson / David Lovett / Mark Lawrie
                                   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
                                   Clayton Bush / Scott Mathieson / Kane Collings
                                   M: +44(0) 20 3100 2222


 FINANCIAL PR/ IR
                                   Camarco
                                   Gordon Poole / Jennifer Renwick / Nick Hennis
                                   T: +44(0) 20 3757 4980




ADDITIONAL INFORMATION ON GEMFIELDS



Gemfields Group Limited                                                            
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.



                                                              

Date: 09-10-2020 05:45:00
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