To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 09/10/2023 08:00
Code(s): GML     PDF:  
Wrap Text
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, 9 OCTOBER 2023

Gemfields announces that on Friday 6 October 2023, the Company purchased 940,722 of its own
ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an average price of
ZAR3.1497. These Ordinary Shares will be held as treasury shares before being periodically
cancelled. Any cancellations will be announced separately.

Date of purchase:                                          6 October 2023
Number of ordinary shares purchased:                              940,722
Highest price paid per share:                                     ZAR3.15
Lowest price paid per share:                                      ZAR3.10
Volume weighted average price paid per share:                   ZAR3.1497

A list of all trades completed can be found at the bottom of this announcement.

Following this purchase, the total number of Ordinary Shares held in treasury by the Company is
10,779,150. The total number of Ordinary Shares in issue is 1,221,918,104, including treasury
shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is 1,211,138,954. 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.
                                    
                                    Number of   
 Transaction date and time             shares   Transaction    Trading venue
                                  repurchased   price (ZAR)
                                  
 6 October 2023, 09:19 SA time            200          3.10              JSE
 6 October 2023, 09:19 SA time          1,795          3.15              JSE
 6 October 2023, 09:19 SA time            506          3.15              JSE
 6 October 2023, 09:19 SA time          7,699          3.15              JSE
 6 October 2023, 09:19 SA time            506          3.15              JSE
 6 October 2023, 09:19 SA time          9,672          3.15              JSE
 6 October 2023, 09:19 SA time          9,672          3.15              JSE
 6 October 2023, 09:19 SA time            250          3.15              JSE
 6 October 2023, 09:19 SA time          9,672          3.15              JSE
 6 October 2023, 09:19 SA time            250          3.15              JSE
 6 October 2023, 09:19 SA time          9,688          3.15              JSE
 6 October 2023, 09:19 SA time            250          3.15              JSE
 6 October 2023, 09:19 SA time          6,546          3.15              JSE
 6 October 2023, 09:19 SA time          2,068          3.15              JSE
 6 October 2023, 09:19 SA time            303          3.15              JSE
 6 October 2023, 09:19 SA time          2,197          3.15              JSE
 6 October 2023, 09:19 SA time          8,335          3.15              JSE
 6 October 2023, 09:19 SA time         41,665          3.15              JSE
 6 October 2023, 09:19 SA time          1,954          3.15              JSE
 6 October 2023, 09:19 SA time          6,841          3.15              JSE
 6 October 2023, 09:19 SA time         41,502          3.15              JSE
 6 October 2023, 14:40 SA time          4,665          3.10              JSE
 6 October 2023, 14:40 SA time         26,657          3.15              JSE
 6 October 2023, 14:40 SA time          5,000          3.15              JSE
 6 October 2023, 14:40 SA time          1,393          3.15              JSE
 6 October 2023, 14:40 SA time          3,068          3.15              JSE
 6 October 2023, 14:40 SA time          1,393          3.15              JSE
 6 October 2023, 14:40 SA time          4,445          3.15              JSE
 6 October 2023, 14:40 SA time          4,516          3.15              JSE
 6 October 2023, 14:40 SA time          4,702          3.15              JSE
 6 October 2023, 14:40 SA time          4,176          3.15              JSE
 6 October 2023, 14:40 SA time          4,075          3.15              JSE
 6 October 2023, 14:40 SA time          4,681          3.15              JSE
 6 October 2023, 14:40 SA time          4,930          3.15              JSE
 6 October 2023, 14:40 SA time          4,675          3.15              JSE
 6 October 2023, 14:40 SA time          4,416          3.15              JSE
 6 October 2023, 14:40 SA time          1,662          3.15              JSE
 6 October 2023, 14:40 SA time          2,795          3.15              JSE
 6 October 2023, 14:40 SA time          4,420          3.15              JSE
 6 October 2023, 14:40 SA time          4,168          3.15              JSE
 6 October 2023, 14:40 SA time          4,471          3.15              JSE
 6 October 2023, 14:40 SA time          4,596          3.15              JSE
 6 October 2023, 14:40 SA time          4,798          3.15              JSE
 6 October 2023, 14:40 SA time          4,092          3.15              JSE
 6 October 2023, 14:40 SA time          4,832          3.15              JSE
 6 October 2023, 14:40 SA time          1,219          3.15              JSE
 6 October 2023, 14:40 SA time          3,582          3.15              JSE
 6 October 2023, 14:40 SA time        221,418          3.15              JSE
 6 October 2023, 14:40 SA time          4,540          3.15              JSE
 6 October 2023, 14:40 SA time          4,490          3.15              JSE
 6 October 2023, 14:40 SA time        146,125          3.15              JSE
 6 October 2023, 15:25 SA time          5,000          3.15              JSE
 6 October 2023, 15:25 SA time            100          3.15              JSE
 6 October 2023, 15:25 SA time            511          3.15              JSE
 6 October 2023, 15:25 SA time             13          3.15              JSE
 6 October 2023, 15:25 SA time          1,304          3.15              JSE
 6 October 2023, 15:25 SA time          2,113          3.15              JSE
 6 October 2023, 15:25 SA time        247,272          3.15              JSE
 6 October 2023, 15:25 SA time          4,506          3.15              JSE
 6 October 2023, 15:25 SA time          4,702          3.15              JSE
 6 October 2023, 15:25 SA time          3,177          3.15              JSE
 6 October 2023, 15:25 SA time            948          3.15              JSE
 6 October 2023, 15:25 SA time          3,173          3.15              JSE
 6 October 2023, 15:25 SA time          5,980          3.15              JSE
 6 October 2023, 15:25 SA time            352          3.15              JSE


                                             -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


                                           ENQUIRIES

 GEMFIELDS                         Sean Gilbertson / David Lovett / Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


 NOMINATED ADVISER                 Cavendish Capital Markets Limited
 (AIM) & JOINT BROKER              Neil McDonald / Edward Whiley / Tim Redfern
                                   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 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: 09-10-2023 08:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story