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GEMFIELDS GROUP LIMITED - Results of Extraordinary General Meeting

Release Date: 04/12/2019 13:47
Code(s): GML     PDF:  
 
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Results of Extraordinary General Meeting

GEMFIELDS GROUP 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         LEI: 21380017GAVXTCYS5R31 
("Gemfields" or the "Company") 
  
                                                                    
Results of Extraordinary General Meeting 
 

Shareholders are advised that at the Company’s Extraordinary General Meeting (“EGM”) held on Wednesday 4 
December 2019, both resolutions set out in the notice and proposed at the meeting were passed by the requisite 
majority of shareholders.  

Details of the voting results at the EGM are as follows: 

    Total issued number of ordinary shares                                     1,267,450,245 
    Shares held by the Company (with no voting rights)                          (96,276,146) 
    Total issued number of ordinary shares (with voting rights)                1,171,174,099 
    Total number of shares present/represented including proxies at the                       
    meeting (including shares abstained from voting)                             744,387,615 
    Percentage of ordinary shares represented at the meeting                          63.56%* 
 

    Resolution proposed                                                          For              Against         Abstain** 
                                                                                                              
    Special Resolution 1:        
    General authority to acquire (repurchase) ordinary shares.                741,311,851        3,036,854          38,910 
                                                                                   99.59%            0.41%           0.00% 
                                                                                                              
    Special Resolution 2:                                                                                    
    General authority to cancel shares.                                       741,206,651        3,038,907         142,057 
                                                                                   99.59%            0.41%           0.01% 
 
* All percentage figures are rounded to two decimal places.  
**Abstentions are represented as a percentage of total issued number of ordinary shares (with voting rights). 
 
 
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 
To join our press release mailing list, click here: gemfields@gemfields.com  
For any press enquiries please contact us on investor.relations@gemfields.com  
 
London 
4 December 2019 
 
Sponsor 
Investec Bank Limited 




 

Date: 04-12-2019 01:47:00
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