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GEMFIELDS GROUP LIMITED - PDMR Dealing, Issue of Equity and Total Voting Rights

Release Date: 14/12/2023 09:00
Code(s): GML     PDF:  
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PDMR Dealing, Issue of Equity and Total Voting Rights

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")

PDMR Dealing, Issue of Equity and Total Voting Rights

LONDON, 14 DECEMBER 2023

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted
471,377 new ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") following
the exercise of share options by Kartikeya Parikshya (a person discharging managerial
responsibilities, or "PDMR").

Mr Parikshya has exercised 471,377 share options at an exercise price of ZAR2.97 per Ordinary
Share. A further announcement will be made once the shares have been sold. Following the above
transactions, Mr Parikshya will own 45,000 Ordinary Shares, representing 0.004 per cent of the
Company.

Applications have been made for the 471,377 new Ordinary Shares to be admitted to trading on
AIM and the JSE, both of which are expected to occur on or around 18 December 2023
("Admission").

Following Admission there will be 1,222,389,481 Ordinary Shares in issue, including treasury
shares. Following Admission the number of Ordinary Shares (excluding treasury shares) that carry
the right to one vote per Ordinary Share will be 1,166,695,130. This is also the total voting rights
figure which may be used by shareholders as the denominator for the calculations by which they
can determine whether they are required to notify their interests in, or a change to their interest in
the Company.


      Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No.
                                        596/2014

 1     Details of the person discharging managerial responsibilities / person closely
       associated
 a)    Name                           Kartikeya Parikshya

 2     Reason for the notification

 a)    Position/status                PDMR

 b)    Initial notification           Initial Notification
       /Amendment

 3     Details of the issuer, emission allowance market participant, auction platform,
       auctioneer or auction monitor

 a)    Name                           Gemfields Group Limited

 b)    LEI                            21380017GAVXTCYS5R31

 4     Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each place
       where transactions have been conducted


 a)    Description of the financial   Ordinary Shares of USD0.00001 each
       instrument, type of
       instrument

       Identification code            ISIN: GG00BG0KTL52

 b)    Nature of the transaction      Exercise of Share Options

 c)    Price(s) and volume(s)
                                      Price(s)                 Volume(s)
                                      ZAR2.97                  471,377

 d)    Aggregated information

       - Aggregated volume            471,377

       - Price                        ZAR 2.97
 e)    Date of the transaction        14 December 2023


 f)    Place of the transaction       Johannesburg Stock Exchange



                                             -ENDS-


              Further information on Gemfields Group Limited can be found at:
                                     GEMFIELDSGROUP.COM


                          To join our investor mailing list, contact us on:
                                        ir@gemfields.com


                           For any press enquiries please contact us on:
                                    gemfields@camarco.co.uk


                                           ENQUIRIES


 GEMFIELDS                         Sean Gilbertson / David Lovett / Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


 NOMINATED ADVISER                 Liberum
 (AIM) & BROKER                    Scott Mathieson / John More / Kane Collings / Anake Singh
                                   T: +44(0) 20 3100 2222


 FINANCIAL PR/IR                   Camarco
                                   Gordon Poole / Emily Hall
                                   T: +44(0) 20 3757 4980


ADDITIONAL INFORMATION ON GEMFIELDS

Gemfields is a world-leading responsible miner and marketer of 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 licences 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 through Fabergé designs, advancing the wider group's "mine and market" vision.

Gemfields has developed a proprietary grading system and a pioneering auction platform to
provide a consistent supply of coloured gemstones to downstream markets, a key component of
Gemfields' business model that has played an important role in the growth of the global coloured
gemstone sector.



                                     GEMFIELDS

                       GEMFIELDS.COM | INVESTORS |FOUNDATION

                      INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE


                                      FABERGÉ

            FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE


                              KAGEM MINING LINKEDIN

                          MONTEPUEZ RUBY MINING LINKEDIN


Date: 14-12-2023 09:00:00
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