REG - Gemfields Group Ltd - Results of Annual General Meeting 2025

GemfieldsAnnouncement

25/06/2025 14:00

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RNS Number : 4133O  Gemfields Group Limited  25 June 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")

 

Results of Annual General Meeting 2025

LONDON, 25 JUNE 2025

Shareholders are advised that the Company's Annual General Meeting ("AGM") was
held today, Wednesday 25 June 2025.

All ordinary resolutions and special resolution 2 were passed by the requisite
majority of shareholders. Both non-binding advisory votes were also passed,
with the support of over 75% of shareholders.

The Company acknowledges that special resolution 1 was not passed by the
requisite 75% of shareholders required.

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

 Total number of Ordinary Shares (with voting rights)                          1,724,230,526
 Total number of Ordinary Shares present/represented including proxies at the  1,168,290,263
 meeting (including shares abstained from voting)
 Percentage of Ordinary Shares represented at the meeting                      67.76%

 

 Resolution proposed                                                             For            Against      Abstain (1)
 Ordinary resolution 1:
 To adopt the Company's Annual Report for the year ended 31 December 2024        1,168,185,460  3,998        100,705

                                                                                 100.00%        0.00%        0.01%
 Ordinary resolution 2:
 To re-elect Bruce Cleaver, who is retiring by rotation, as a Director of the    1,162,998,378  4,930,350    361,435
 Company

                                                                                 99.58%         0.42%        0.02%
 Ordinary resolution 3:
 To re-elect Kieran Daly, who is retiring by rotation, as a Director of the      1,029,482,536  138,446,192  361,435
 Company

                                                                                 88.15%         11.85%       0.02%
 Ordinary resolution 4:
 To re-elect Simon Scott, who is retiring by rotation, as a Director of the      1,162,970,205  4,958,523    361,435
 Company

                                                                                 99.58%         0.42%        0.02%
 Ordinary resolution 5:
 Appointment of Louis du Preez, as a Director of the Company                     1,034,308,258  133,639,570  342,335

                                                                                 88.56%         11.44%       0.02%
 Ordinary resolution 6:
 To re-appoint Simon Scott to the Company's Audit Committee                      1,163,023,377  4,925,088    341,698

                                                                                 99.58%         0.42%        0.02%
 Ordinary resolution 7:
 To re-appoint Ernst & Young LLP as the Company's auditor (until the             1,168,169,564  15,091       105,508
 conclusion of the 2026 annual general meeting) and to authorise the Directors

 to fix their remuneration                                                       100.00%        0.00%        0.01%
 Special resolution 1:
 General authority to issue shares for cash and waiver of pre-emption            462,849,494    705,068,065  372,604

                                                                                 39.63%         60.37%       0.02%
 Special resolution 2:
 To amend the Articles of Incorporation of the Company                           1,034,063,124  133,727,030  500,109

                                                                                 88.55%         11.45%       0.03%
 Non-binding advisory vote:
 Endorsement of the Company's Remuneration Policy                                1,029,239,638  138,910,805  139,720

                                                                                 88.11%         11.89%       0.01%
 Non-binding advisory vote:
 Endorsement of the Company's Remuneration Implementation Report                 1,158,145,535  10,004,908   139,720

                                                                                 99.14%         0.86%        0.01%

 

(1) Abstentions are represented as a percentage of total number of Ordinary
Shares (with voting rights).

 

-ENDS-

 

Further information on Gemfields Group Limited can be found at:

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

 

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

 

 

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                              Panmure Liberum

(AIM) & BROKER
Scott Mathieson / Amrit Mahbubani / John More
                                                T: +44(0) 20 3100 2222
 PRESS ENQUIRES, GEMFIELDS HEAD OFFICE, LONDON  Helena Choudhury / Albertina Namburete

                                                helena.choudhury@gemfields.com (mailto:helena.choudhury@gemfields.com) /
                                                albertina.namburete@gemfields.com (mailto: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 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/)
| X (https://x.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) | X (https://x.com/OfficialFaberge)
  (https://x.com/OfficialFaberge) | YOUTUBE
(https://www.youtube.com/user/officialfaberge)

 

KAGEM MINING LIMITED 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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