REG - Gemfields Group Ltd - Result of AGM

GemfieldsAnnouncement

27/06/2023 15:00

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RNS Number : 0914E  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")

 

Results of Annual General Meeting

LONDON, 27 JUNE 2023

Shareholders are advised that the Company's Annual General Meeting ("AGM") was
held today, Tuesday 27 June 2023.

The Company is pleased to announce that all resolutions set out in the Notice
of AGM were passed by the requisite majority of shareholders.

An extract of the Minutes of the AGM have also been published onto our
website, with the Company's response to questions received by shareholders.
This extract can be found as an appendix to this announcement under the
section titled 'News and Media'.

Details of the voting results at the AGM are as follows:

 

 Total number of Ordinary Shares (with voting rights (1))                      1,216,857,062
 Total number of Ordinary Shares present/represented including proxies at the  702,900,192
 meeting (including shares abstained from voting)
 Percentage of Ordinary Shares represented at the meeting                      57.76%

 

 

 

 Resolution proposed                                                             For          Against     Abstain
 Ordinary resolution 1:
 To adopt the Company's Annual Report for the year ended 31 December 2022        702,762,155  38,200      99,837

                                                                                 99.99%       0.01%
 Ordinary resolution 2:
 To re-elect Martin Tolcher, who is retiring by rotation, as a Director of the   579,008,801  39,362      123,852,029
 Company

                                                                                 99.99%       0.01%
 Ordinary resolution 3:
 To re-elect Lumkile Mondi, who is retiring by rotation, as a Director of the    578,939,173  39,362      123,921,657
 Company

                                                                                 99.99%       0.01%
 Ordinary resolution 4:
 To re-elect Lumkile Mondi (subject to his re-election as a Director pursuant    578,914,623  39,362      123,946,207
 to ordinary resolution 3), to the Company's Audit Committee

                                                                                 99.99%       0.01%
 Ordinary resolution 5:
 To re-elect Mary Reilly to the Company's Audit Committee                        702,620,606  63,870      215,716

                                                                                 99.99%       0.01%
 Ordinary resolution 6:
 To re-elect Carel Malan to the Company's Audit Committee                        702,603,074  63,870      233,248

                                                                                 99.99%       0.01%
 Ordinary resolution 7:
 To appoint Ernst & Young LLP as the Company's auditor (until the                702,750,809  38,562      110,821
 conclusion of the 2024 annual general meeting) and to authorise the Directors

 to fix their remuneration                                                       99.99%       0.01%
 Special Resolution 1:
 General authority to issue shares for cash                                      608,253,519  94,587,839  58,834

                                                                                 86.54%       13.46%
 Special Resolution 2:
 General authority to acquire (repurchase) ordinary shares                       702,663,328  177,557     59,307

                                                                                 99.97%       0.03%
 Special Resolution 3:
 General authority to cancel shares                                              702,695,574  118,074     86,544

                                                                                 99.98%       0.02%
 Special Resolution 4:
 Approval of a new Long Term Incentive Plan                                      699,715,207  3,094,776   90,209

                                                                                 99.56%       0.44%
 Non-binding advisory vote:
 Endorsement of the Company's Remuneration Policy                                699,127,746  526,954     3,245,492

                                                                                 99.92%       0.08%
 Non-binding advisory vote:
 Endorsement of the Company's Remuneration Implementation Report                 699,116,728  526,954     3,256,510

                                                                                 99.92%       0.08%

 

Notes:

(1) This excludes all Treasury shares held by the company. Treasury shares are
not entitled to vote

 

-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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