REG - Gemfields Group Ltd - Transaction in Own Shares

GemfieldsAnnouncement

04/10/2023 07:15

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RNS Number : 5868O  Gemfields Group Limited  04 October 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")

 

Transaction in Own Shares and Total Voting Rights

LONDON, 4 OCTOBER 2023

Gemfields announces that on Tuesday 3 October 2023, the Company purchased
245,366 of its own ordinary shares of USD0.00001 each in the Company
("Ordinary Shares") at an average price of ZAR3.1450. These Ordinary Shares
will be held as treasury shares before being periodically cancelled. Any
cancellations will be announced separately.

 Date of purchase:                              3 October 2023
 Number of ordinary shares purchased:           245,366
 Highest price paid per share:                  ZAR3.15
 Lowest price paid per share:                   ZAR3.04
 Volume weighted average price paid per share:  ZAR3.1450

A list of all trades completed can be found at the bottom of this
announcement.

Following this purchase, the total number of Ordinary Shares held in treasury
by the Company is   8,615,798. The total number of Ordinary Shares in issue
is 1,221,918,104, including treasury shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is
1,213,302,306. This is 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 under the FCA's Disclosure Guidance and
Transparency Rules.

 

 Transaction date and time      Number of shares repurchased              Transaction price (ZAR)            Trading venue
 3 October 2023, 13:30 SA time                7,330                                      3.04                JSE
 3 October 2023, 13:30 SA time                2,000                                      3.05                JSE
 3 October 2023, 14:45 SA time                9,177                                      3.13                JSE
 3 October 2023, 14:45 SA time                2,204                                      3.13                JSE
 3 October 2023, 14:45 SA time              25,000                                       3.15                JSE
 3 October 2023, 14:45 SA time                2,686                                      3.15                JSE
 3 October 2023, 14:45 SA time                7,314                                      3.15                JSE
 3 October 2023, 14:45 SA time                  891                                      3.15                JSE
 3 October 2023, 14:49 SA time                1,120                                      3.15                JSE
 3 October 2023, 14:56 SA time                8,136                                      3.15                JSE
 3 October 2023, 14:56 SA time              16,864                                       3.15                JSE
 3 October 2023, 14:56 SA time                5,628                                      3.15                JSE
 3 October 2023, 15:00 SA time                3,274                                      3.15                JSE
 3 October 2023, 15:00 SA time              46,726                                       3.15                JSE
 3 October 2023, 15:00 SA time                8,908                                      3.15                JSE
 3 October 2023, 15:00 SA time                2,360                                      3.15                JSE
 3 October 2023, 15:09 SA time                6,537                                      3.15                JSE
 3 October 2023, 15:09 SA time              43,463                                       3.15                JSE
 3 October 2023, 15:09 SA time                9,687                                      3.15                JSE
 3 October 2023, 15:40 SA time                8,240                                      3.15                JSE
 3 October 2023, 15:40 SA time              16,760                                       3.15                JSE
 3 October 2023, 15:40 SA time                5,686                                      3.15                JSE
 3 October 2023, 16:45 SA time                2,900                                      3.15                JSE
 3 October 2023, 16:45 SA time                1,486                                      3.15                JSE
 3 October 2023, 16:45 SA time                  988                                      3.15                JSE
 3 October 2023, 17:00 SA time                      1                                    3.15                JSE

-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          Cavendish Capital Markets Limited

(AIM) & JOINT BROKER      Neil McDonald / Edward Whiley / Tim Redfern
                            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
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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