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PDMR Dealing, Issue of Equity 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")
PDMR Dealing, Issue of Equity and Total Voting Rights
LONDON, 12 MAY 2023
In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted
3,282,064 new ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") following
the exercise of share options by group employees and Chandana Venkata Suresh (a person
discharging managerial responsibilities, or “PDMR”).
Chandana Venkata Suresh has exercised 1,800,000 share options at an exercise price of ZAR2.30
per Ordinary Share. Following the above transactions, Chandana Venkata Suresh will have a
beneficial holding in 1,895,600 Ordinary Shares, representing 0.15 per cent of the Company.
Chandana Venkata Suresh has instructed the Company to sell the newly exercised Ordinary Shares,
and a further announcement will be made once the sale of the above 1,800,000 Ordinary Shares
has completed.
Applications have been made for the 3,282,064 new Ordinary Shares to be admitted to trading on
AIM and the JSE, both of which are expected to occur on or around 15 May 2023 ("Admission").
Following Admission there will be 1,218,586,612 Ordinary Shares in issue with each Ordinary
Share carrying the right to one vote. This is also 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.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
596/2014
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chandana Venkata Suresh
2 Reason for the notification
a) Position/status PDMR
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Gemfields Group Limited
b) LEI 21380017GAVXTCYS5R31
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
where transactions have been conducted
a) Description of the financial Ordinary Shares of USD0.00001 each
instrument, type of
instrument
Identification code ISIN: GG00BG0KTL52
b) Nature of the transaction Exercise of Share Options
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR2.30 1,800,000
d) Aggregated information
- Aggregated volume 1,800,000
- Price ZAR2.30
e) Date of the transaction 12 May 2023
f) Place of the transaction London Stock Exchange
-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
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: 12-05-2023 08:00:00
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