GEMFIELDS GROUP LIMITED - TR-1: Standard form for notification of major holdings

TR-1: Standard form for 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")




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
 DIACOLOR INTERNATIONAL DMCC
 City of registered office (if applicable)
 DUBAI
 Country of registered office (if applicable)
 UNITED ARAB EMIRATES

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
  14-Jan-2022

6. Date on which Issuer notified
  17-Jan-2022

7. Total positions of person(s) subject to the notification
obligation
                                             % of voting
                          % of voting        rights through
                                                                 Total of both    Total number of
                          rights attached    financial
           .                                                     in % (8.A +      voting rights held
                          to shares (total   instruments
                                                                 8.B)             in issuer
                          of 8.A)            (total of 8.B 1 +
                                             8.B 2)

  Resulting
  situation on
  the date on
  which                   3.470000            0.000000           3.470000         40,610,337
  threshold was
  crossed or
  reached

  Position of
  previous
  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 direct                                              % of indirect
                                             indirect voting     % of direct voting
shares ISIN           voting rights                                                 voting rights
                                             rights              rights (DTR5.1)
code(if possible)     (DTR5.1)                                                      (DTR5.2.1)
                                             (DTR5.2.1)

GG00BG0KTL52            40,610,337                                 3.470000

Sub Total 8.A           40,610,337                                 3.470000%

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                                                                                   % of
                 Expiration    Exercise/conversion    Physical or cash    Number of
financial                                                                                 voting
                 date          period                 settlement          voting rights
instrument                                                                                rights
Sub Total 8.B2

9. Information in relation to the person subject to the
notification obligation
1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer.
                                 % of voting           % of voting rights         Total of both if it
                   Name of       rights if it equals   through financial          equals or is
Ultimate
                   controlled    or is higher than     instruments if it equals   higher than the
controlling person
                   undertaking   the notifiable        or is higher than the      notifiable
                                 threshold             notifiable threshold       threshold


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
 18-Jan-2022

13. Place Of Completion
 DUBAI

Date: 18-01-2022 04:30:00
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