Last checked at 2 Dec 2015 12:23
Gemfields plc
("Gemfields" or the "Company")
Result of AGM
2 December 2015
Gemfields plc (AIM: GEM) is pleased to announce that at the Annual General Meeting ("AGM") of the Company held today, all resolutions were passed by shareholders.
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