REG - Gemfields Group Ltd - Director/PDMR Shareholding

GemfieldsAnnouncement

27/06/2023 07:15

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RNS Number : 9488D  Gemfields Group Limited  27 June 2023

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, 27 JUNE 2023

In accordance with AIM Rule 17, shareholders are advised that Gemfields has
issued and allotted 5,593,042 new ordinary shares of USD0.00001 each in the
Company ("Ordinary Shares") following the exercise of share options by a group
employee and Sean Gilbertson (a person discharging managerial
responsibilities, or "PDMR").

Mr Gilbertson has exercised 5,578,042 share options at an exercise price of
ZAR3.45 per Ordinary Share. Following the above transactions, Mr Gilbertson
will own 17,548,327 Ordinary Shares, representing 1.43 per cent of the
Company.

Applications have been made for the 5,593,042 new Ordinary Shares to be
admitted to trading on AIM and the JSE, both of which are expected to occur on
or around 28 June 2023 ("Admission").

Following Admission there will be 1,224,539,654 Ordinary Shares in issue,
including treasury shares. The number of Ordinary Shares (excluding treasury
shares) that carry the right to one vote per Ordinary Share is 1,222,810,104.
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                                                         Sean Gilbertson

 2    Reason for the notification

 a)   Position/status                                              PDMR

 b)   Initial notification /Amendment                              Initial Notification

 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 instrument, type of instrument  Ordinary Shares of USD0.00001 each

      Identification code                                          ISIN: GG00BG0KTL52

 b)   Nature of the transaction                                    Exercise of Share Options

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     ZAR3.45           5,578,042

 d)   Aggregated information

      - Aggregated volume                                          5,578,042

      - Price                                                      ZAR3.45
 e)   Date of the transaction                                      27 June 2023

 f)   Place of the transaction                                     Johannesburg Stock Exchange

 

-ENDS-

 

Further information on Gemfields Group Limited can be found at:

 GEMFIELDSGROUP.COM (http://WWW.GEMFIELDSGROUP.COM)

 

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

 

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

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) no. 596/2014 which forms part of domestic UK
law pursuant to the European Union (withdrawal) act 2018 ("MAR").

 

 

ENQUIRIES

 

 

 GEMFIELDS                  Sean Gilbertson / David Lovett / Ian Hughes

                            ir@gemfields.com (mailto:ir@gemfields.com)

T:  +44(0) 20 7518 3400
 SPONSOR (JSE)              Investec Bank Limited
 NOMINATED ADVISER          finnCap

(AIM) & JOINT BROKER      Christopher Raggett / Tim Redfern / Edward Whiley
                            T: +44(0) 20 7220 0500
 JOINT BROKER               Liberum

Scott Mathieson / Kane Collings
                            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
and trading 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 (https://gemfields.com/) (https://gemfields.com/) | INVESTORS
(https://www.gemfieldsgroup.com/) (https://www.gemfieldsgroup.com/)
|FOUNDATION (https://www.gemfieldsfoundation.org/)

INSTAGRAM (https://www.instagram.com/gemfields/)
(https://www.instagram.com/gemfields/) | FACEBOOK
(https://www.facebook.com/Gemfields/) (https://www.facebook.com/Gemfields/) |
TWITTER (https://twitter.com/GemfieldsLtd?lang=en)
(https://twitter.com/GemfieldsLtd?lang=en) | YOUTUBE
(https://www.youtube.com/channel/UCArCE0JFtakTP-tHq6v0KVg)

 

FABERGÉ

FABERGÉ.COM (https://www.faberge.com/) | INSTAGRAM
(https://www.instagram.com/officialfaberge/)
(https://www.instagram.com/officialfaberge/) | FACEBOOK
(https://www.facebook.com/OfficialFaberge)
(https://www.facebook.com/OfficialFaberge) | TWITTER
(https://twitter.com/OfficialFaberge) (https://twitter.com/OfficialFaberge) |
YOUTUBE (https://www.youtube.com/user/officialfaberge)

 

KAGEM MINING LINKEDIN (https://www.linkedin.com/company/kagem-mining-ltd)

MONTEPUEZ RUBY MINING LINKEDIN
(https://www.linkedin.com/company/montepuez-ruby-mining)

 

 

 

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