REG - Gemfields Group Ltd - Director/PDMR Shareholding

GemfieldsAnnouncement

04/01/2024 07:00

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RNS Number : 5894Y  Gemfields Group Limited  04 January 2024

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 Shareholdings

LONDON, 4 JANUARY 2024

On 14 December 2023, the Company announced that Kartikeya Parikshya, a PDMR of
the Company, had exercised 471,377 share options at an exercise price of
ZAR2.97 per ordinary share of USD0.00001 each in the company ("Ordinary
Shares").

In accordance with AIM Rule 17, shareholders are advised that Gemfields has
received notice that Mr Parikshya has sold 471,377 Ordinary Shares, at an
average price of ZAR2.97 per Ordinary Share. Following the above transaction,
Mr Parikshya owns 45,000 Ordinary Shares, representing 0.004 per cent of the
Company.

In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the
Company discloses the following additional information:

 Nature of transaction          On market sale of shares
 Volume weighted average price  ZAR2.97
 Total value of transaction     ZAR1,398,906.85 (excluding the total exercise costs of the 471,377 options at
                                ZAR2.97)
 Highest price                  ZAR3.00
 Lowest price                   ZAR2.90
 Nature of interest             DIRECT BENEFICIAL

 

Clearance was obtained for the above dealings in securities.

 

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 /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                                    Sale of Ordinary Shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     ZAR 2.97          471,377

 d)   Aggregated information

      - Aggregated volume                                          471,377

      - Price                                                      ZAR 2.97
 e)   Date of the transaction                                      19 December 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)

 

 

 

 

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    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 (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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