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Pin to quick picksGemfields Grou. Regulatory News (GEM)

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Director's Dealings

3 Dec 2015 13:23

RNS Number : 9210H
Gemfields PLC
03 December 2015
 

Gemfields plc

("Gemfields" or the "Company")

Director's Dealings

3 December 2015

 

 

Gemfields plc (AIM: GEM) announces that on 3 December 2015, the Company received notification from Finn Behnken, a director of the Company, of a dealing in the ordinary shares of Gemfields.

Details of the share dealing are as follows:

 

Director

Date of purchase of ordinary shares

Number of ordinary shares purchased

Purchase price

Total number of shares held following the purchase

% issued share capital

Finn Behnken

3 December 2015

75,000

39.0671 pence per share

75,000

0.014%

 

ENQUIRIES:

Gemfields

JJ Williams, Company Secretary

jj.williams@gemfields.co.uk

+44 (0)20 7659 4965

 

 

Grant Thornton UK LLP

 

Nominated Adviser

 

Philip Secrett/Richard Tonthat/Jamie Barklem

+44 (0)20 7383 5100

 

 

J.P. Morgan Cazenove

 

Joint Broker

 

Jamie Riddell

+44 (0)20 7742 4000

 

 

BMO Capital Markets Limited

 

Joint Broker

 

Jeff Couch/Neil Haycock/Tom Rider/Jenny Wyllie

+44 (0)20 7236 1010

 

 

Macquarie Capital (Europe) Limited

 

Joint Broker

 

Raj Khatri/Ken Fleming/Nick Stamp/Fergus Marcroft

+44 (0)20 3037 2000

 

 

Tavistock

 

Jos Simson/Emily Fenton/Barnaby Hayward

+44 (0)20 7920 3150

 

Notes to Editors:

Gemfields plc is a leading supplier of responsibly sourced coloured gemstones and is quoted on the AIM market of the London Stock Exchange (ticker: GEM) where it is a constituent of the AIM50 index.

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 deposit in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition Gemfields also holds a 50% interest in the Kariba amethyst mine in Zambia, as well as controlling interests in various other gemstone mining and prospecting licenses in Zambia, Mozambique, Colombia, Ethiopia, Madagascar and Sri Lanka.

Gemfields' outright ownership of the Fabergé brand - an iconic and prestigious brand of exceptional heritage - enables Gemfields to optimise positioning, perception and consumer awareness of coloured gemstones, advancing the Company'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 quality coloured gemstones to the global downstream markets. This is a key component of the Company's business model which the Directors believe has played an important role in the appropriate distribution and associated resurgence of the global coloured gemstone sector.

 

www.gemfields.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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