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GEMFIELDS GROUP LIMITED - Directors interests in the Companys shares

Release Date: 20/06/2019 17:41
Code(s): GML     PDF:  
 
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Directors’ interests in the Company’s shares

GEMFIELDS GROUP LIMITED
(formerly Pallinghurst Resources Limited)
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: GML.BH ISIN: GG00BG0KTL52
Share code on the JSE: GML
("Gemfields" or the "Company")

Directors’ interests in the Company’s shares


As previously disclosed in the Company’s Annual Report for the year ended 31 st December 2018, Brian Gilbertson , a
director, held an indirect shareholding in the Company’s shares via an interest in Pallinghurst (Cayman) Founder L.P.
On 19th June 2019, 3,397,998 shares in the Company were transferred, off market and at nil cost, from Pallinghurst
(Cayman) Founder L.P. to Affinity Trust Ltd (as trustee of the Brian Patrick Gilbertson Discretionary
Settlement).

As previously disclosed in the Company’s Annual Report for the year ended 31 st December 2018, Sean Gilbertson, an
executive director, held an indirect shareholding in the Company’s shares via an interest in Pallinghurst (Cayman)
Founder L.P. On 19th June 2019, 1,956,423 shares in the Company were transferred, off market and at nil cost, from
Pallinghurst (Cayman) Founder L.P. to Sean Gilbertson who now holds those shares directly in his own name.


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.

Further information on Gemfields Group Limited can be found at www.gemfieldsgroup.com.

For any press enquiries please contact us on investor.relations@gemfields.com.

Guernsey
20th June 2019

Sponsor
Investec Bank Limited

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