Gemfields Confirms Completion of Fabergé Sale
RNS Number : 3389X
Gemfields Group Limited
01 September 2025
Incorporated in Guernsey. Guernsey registration number: 47656
South African external company registration number: 2009/012636/10
Share code on JSE:GML (General Segment of JSE Main Board) / AIM:GEM
ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31
("Gemfields" or the "Group" or the "Company")
Gemfields Confirms Completion of the Sale of Fabergé Limited
LONDON, 1 SEPTEMBER 2025
Further to the Company's announcement on 11 August 2025, Gemfields confirms that it completed the sale of Fabergé Limited ("Fabergé") to SMG Capital LLC (the "Buyer") on 29 August 2025.
-ENDS-
Further information on Gemfields Group Limited can be found at:
GEMFIELDSGROUP.COM
To join our investor mailing list, please contact us on:
ir@gemfields.com
ENQUIRIES
| GEMFIELDS | Sean Gilbertson / David Lovett / Heinrich Richter ir@gemfields.com T: +44(0) 20 7518 3400 |
| SPONSOR (JSE) | Investec Bank Limited |
| NOMINATED ADVISER (AIM) & BROKER | Panmure Liberum Scott Mathieson / Amrit Mahbubani / John MoreT:+44(0) 20 3100 2222 |
| PRESS ENQUIRES, GEMFIELDS HEAD OFFICE, LONDON | Helena Choudhury / Albertina Namburete helena.choudhury@gemfields.com/albertina.namburete@gemfields.com |
| 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 Montepuez Ruby Mining 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 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. | |
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