GEMFIELDS GROUP LIMITED - Disclosure of beneficial interests in securities

Disclosure of beneficial interests in securities

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")



Disclosure of beneficial interests in securities

LONDON, 14 JANUARY 2021


In compliance with paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Gemfields
has received formal notification from Rational Expectations (Pty) Ltd (“Rational”) on 14 January 2021, that
Rational and related parties acquired a beneficial interest in the ordinary shares of the Company, such that the
total beneficial interest in ordinary shares of the Company held by Rational is now 8.41% of the total issued
shares of the Company. Following the acquisition, Rational held a total of 97,276,350 ordinary shares in the
Company.

Rational’s completed form TR-1 is attached.

                                                      -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 / Mark Lawrie
                                   T: +44(0) 20 7518 3400




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


 SEDIBELO SALE PROCESS
                                  Liberum

                                  Nehal Patel

                                  T: +44(0) 20 3100 2222


 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
                                  T: +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 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: 14-01-2021 04:00:00
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