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Pin to quick picksGemfields Grou. Regulatory News (GEM)

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4.10    0.00 (0.00%)
Bid:
3.70
Ask:
4.50
Spread: 0.80 (21.622%)
Market Cap: £70.69m
GEM Live PriceLast checked at - London Stock Exchange

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Offer Lapsed

15 Sep 2009 17:25

Gemfields Plc ("Gemfields" or the "Company") Rox Conduit Limited ("RoxC") WITHDRAWAL OF PROPOSED OFFER FOR SHARES IN GEMFIELDS PLC 15 September 2009

Gemfields (AIM: GEM) notes the announcement made earlier today by RoxC in respect to its withdrawal from the possible offer for the issued share capital of the Company. Accordingly, the Company is no longer in an offer period for the purposes of the Takeover Code.

Enquiries:

Richard James, CFO Tel: +44 (0)20 7518 3402

Gemfields Plc

Mike Jones/Andrew Chubb/Tarica Mpinga Tel: +44 (0)20 7050 6500

Canaccord Adams Ltd

Nominated Adviser and Joint Broker to Gemfields

The release, publication or distribution of this announcement in jurisdictions other than the United Kingdom may be subject restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities laws of any such jurisdiction. The announcement has been prepared in accordance with English law and the Code and information disclosed may not be the same as that which would have been prepared in accordance with the laws of jurisdictions outside England.

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