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GEMFIELDS GROUP LIMITED - Appointment of Non-Executive Director

Release Date: 04/12/2020 09:00
Code(s): GML     PDF:  
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Appointment of Non-Executive Director

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")

Appointment of Non-Executive Director


Gemfields is pleased to announce that Mary Reilly will join the Board as an independent non-
executive director with immediate effect. Mary also joins Gemfields’ Audit Committee in place of
its Non-Executive Chairman, Martin Tolcher.

Mary has over thirty years of international experience as a chartered accountant and non-executive
director, working across a variety of sectors including luxury retail, mining, manufacturing, business
services, sports, travel and media. With a particular interest in dynamic consumer-facing businesses,
she is experienced at chairing boards, audit and risk committees.

Gemfields’ Non-Executive Chairman, Martin Tolcher, commented: “Mary brings deep experience
and enthusiasm to Gemfields’ Board of Directors and I am pleased to welcome her at this crucial
time in the Company’s history. As a serving non-executive director on the boards of FTSE 250,
FTSE 350 and Nasdaq companies, and with 26 years as an audit partner at Deloitte, we are very
much looking forward to working with Mary, benefitting from her international and hard-earned
governance experience, and to tapping her Internet and consumer-facing expertise, especially in
the luxury retail sector which plays such a pivotal role in promoting and selling precious coloured

The following information regarding the appointment of Mary Margaret Reilly (aged 67) is required
to be disclosed under Schedule 2(g) of the AIM Rules for Companies:

 Current Directorships or Partnerships                 Previous Directorships of Partnerships held
                                                       in the past 5 years:

    Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                      T +44 (0)1481 731 554
 Crown Agents International Development            The Crown Agents Foundation

 Mitie Group Plc                                   Ferrexpo plc

 Essentra Plc                                      Saranac Partners Limited

 Invictus Games Foundation                         Crown Agents Limited

 Institute of Imagination                          Cape plc

 TravelZoo, Inc.                                   Crown Agents Bank Limited

                                                   Cabim Limited

There are no further disclosures to be made under Schedule 2(g) of the AIM Rules for


                Further information on Gemfields Group Limited can be found at:

                            To join our investor mailing list, contact us on:

                             For any press enquiries please contact us on:

Gemfields Group Limited                                                           

                                   Sean Gilbertson / David Lovett / Mark Lawrie
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


                                   Nehal Patel

                                   T: +44(0) 20 3100 2222

 NOMINATED ADVISER                 finnCap
                                   Christopher Raggett / Tim Redfern / Edward Whiley
                                   T: +44(0) 20 7220 0500

                                   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


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

Gemfields Group Limited                                                                 
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: 04-12-2020 09:00:00
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