RCS - Gem Resources PLC - Response to Market Speculation

Gem ResourcesAnnouncement

26/05/2026 07:00

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RNS Number : 5543F  Gem Resources PLC  26 May 2026

Gem Resources Plc

("GEMR" or the "Company")

 

Response to Market Speculation

Gem Resources Plc (LSE: GEMR), a mineral exploration and mining group with
projects in South Africa, Australia and Zambia, notes recent market
speculation, including on investor bulletin boards, suggesting that the
Company intends to seek cancellation of the listing of its ordinary shares on
the Equity Shares (Transition) category of the Official List and admission to
trading on the Main Market of the London Stock Exchange, and become a private
company.

The Company confirms that no such decision has been taken by the Board and
that there is no current intention to seek cancellation of the Company's
listing or admission to trading.

As previously announced, the Company continues to evaluate strategic and
corporate opportunities in the ordinary course of business and will make
further announcements as and when required.

The person responsible for the release of this announcement is Bernard
Olivier, Chief Executive Officer.

Enquiries:

 

 Gem Resources Plc                                                                                                   +44 (0)746 368 6497

 Executive Chairman

 Louis Ching

                                                                                                                     info@gemresources.co.uk

 Chief Executive Officer

 Bernard Olivier
 Peterhouse Capital Limited                                                                                          +44 (0)20 7469 0930

 Joint Corporate Broker

 Lucy Williams

 Duncan Vasey

 Capital Plus Partners

 Joint Corporate Broker

 Jon                                                                                                                 +44 (0)203 821 6169
 Critchley

 

Gem Resources Plc ("GEMR")

 

Gem Resources Plc is a mineral exploration and mining group with a portfolio
of mining and mineral exploration assets across South Africa, Australia and
Zambia.

 

The Company is focused on Africa and Australia, and its asset base includes
interests in coloured gemstone projects in South Africa and Australia,
together with strategic mineral exploration interests in Zambia prospective
for high-grade graphite, coltan, containing niobium and tantalum, lithium and
rare earth elements.

 

The Group's principal activity is the advancement and development of its asset
portfolio, with the overarching objective of creating long-term value for
shareholders through capital growth and/or dividends.

 

For more information about Gem Resources Plc, including investor relations and
corporate news, please visit the Company's website at www.gemresources.co.uk.
Interested parties are also invited to sign up for the Company's newsletter
via the website.

 

 

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