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GEMFIELDS GROUP LIMITED - Disclosure of beneficial interests in securities

Release Date: 06/08/2020 08:00
Code(s): GML     PDF:  
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Disclosure of beneficial interests in securities

(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")

6 August 2020

Disclosure of beneficial interests in securities

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 5 August 2020, 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 7.05% of the total issued shares of
the Company. Following the acquisition, Rational held a total of 82,371,221 ordinary shares in the Company.

Further information on Gemfields Group Limited can be found at
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 Gemfields                                                Nominated Adviser (AIM) and Joint Broker
 Sean Gilbertson / David Lovett / Mark Lawrie             finnCap
 Tel: +44(0) 20 7518 3400                                 Christopher Raggett / Tim Redfern / Edward Whiley
                                                          Tel: +44(0) 20 7220 0500

 Sponsor (JSE)                                            Joint Broker
 Investec Bank Limited                                    Liberum
                                                          Clayton Bush / Scott Mathieson / Kane Collings
                                                          Tel: +44(0) 20 3100 2222

 IR / Financial PR
 Gordon Poole / Jennifer Renwick / Nick Hennis
 Tel: +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: 06-08-2020 08:00:00
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