George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGemfields Grou. Regulatory News (GEM)

Share Price Information for Gemfields Grou. (GEM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 11.75
Bid: 11.50
Ask: 12.00
Change: 0.00 (0.00%)
Spread: 0.50 (4.348%)
Open: 11.75
High: 11.75
Low: 11.75
Prev. Close: 11.75
GEM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Transaction in Own Shares

11 Oct 2023 07:00

RNS Number : 7041P
Gemfields Group Limited
11 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, 11 OCTOBER 2023

Gemfields announces that on Tuesday 10 October 2023, the Company purchased 1,000,000 of its own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") all at a price of ZAR3.15. These Ordinary Shares will be held as treasury shares before being periodically cancelled. Any cancellations will be announced separately.

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 11,779,150. 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 1,210,138,954. 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

10 October 2023, 11:04 SA time

500

3.15

JSE

10 October 2023, 11:04 SA time

28,810

3.15

JSE

10 October 2023, 11:21 SA time

25,000

3.15

JSE

10 October 2023, 12:04 SA time

21,246

3.15

JSE

10 October 2023, 12:04 SA time

3,754

3.15

JSE

10 October 2023, 12:05 SA time

861

3.15

JSE

10 October 2023, 12:05 SA time

19,813

3.15

JSE

10 October 2023, 12:05 SA time

5,187

3.15

JSE

10 October 2023, 12:33 SA time

158

3.15

JSE

10 October 2023, 12:33 SA time

23,919

3.15

JSE

10 October 2023, 12:33 SA time

72,441

3.15

JSE

10 October 2023, 12:33 SA time

353

3.15

JSE

10 October 2023, 13:15 SA time

19,852

3.15

JSE

10 October 2023, 13:15 SA time

80,148

3.15

JSE

10 October 2023, 13:15 SA time

16,275

3.15

JSE

10 October 2023, 13:15 SA time

5,260

3.15

JSE

10 October 2023, 13:15 SA time

20,085

3.15

JSE

10 October 2023, 13:15 SA time

21,215

3.15

JSE

10 October 2023, 15:29 SA time

2,708

3.15

JSE

10 October 2023, 15:29 SA time

96,200

3.15

JSE

10 October 2023, 15:29 SA time

24,573

3.15

JSE

10 October 2023, 15:29 SA time

12,132

3.15

JSE

10 October 2023, 15:29 SA time

23,416

3.15

JSE

10 October 2023, 15:29 SA time

40,311

3.15

JSE

10 October 2023, 15:29 SA time

23,015

3.15

JSE

10 October 2023, 15:29 SA time

7,747

3.15

JSE

10 October 2023, 15:29 SA time

20,168

3.15

JSE

10 October 2023, 15:29 SA time

129,832

3.15

JSE

10 October 2023, 15:29 SA time

22,334

3.15

JSE

10 October 2023, 15:29 SA time

10,051

3.15

JSE

10 October 2023, 16:28 SA time

24,179

3.15

JSE

10 October 2023, 16:28 SA time

55,821

3.15

JSE

10 October 2023, 16:31 SA time

23,842

3.15

JSE

10 October 2023, 16:31 SA time

76,158

3.15

JSE

10 October 2023, 16:31 SA time

1,484

3.15

JSE

10 October 2023, 16:32 SA time

8,050

3.15

JSE

10 October 2023, 16:34 SA time

1,483

3.15

JSE

10 October 2023, 16:35 SA time

1,569

3.15

JSE

10 October 2023, 17:00 SA time

1,007

3.15

JSE

10 October 2023, 17:00 SA time

4,750

3.15

JSE

10 October 2023, 17:00 SA time

24,293

3.15

JSE

-ENDS-

Further information on Gemfields Group Limited can be found at:

GEMFIELDSGROUP.COM

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

For any press enquiries please contact us on: gemfields@camarco.co.uk

ENQUIRIES

GEMFIELDS

Sean Gilbertson / David Lovett / Ian Hughes

ir@gemfields.com T: +44(0) 20 7518 3400

SPONSOR (JSE)

Investec Bank Limited

NOMINATED ADVISER(AIM) & JOINT BROKER

Cavendish Capital Markets Limited Neil McDonald / Edward Whiley / Tim Redfern T: +44(0) 20 7220 0500

JOINT BROKER

LiberumScott 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 | INVESTORS |FOUNDATION

INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

FABERGÉ

FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

KAGEM MINING LINKEDIN

MONTEPUEZ RUBY MINING LINKEDIN

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
POSFFFIIIALILIV
Date   Source Headline
24th Apr 20249:00 amRNSB-BBEE Annual Compliance Report
24th Apr 20247:00 amRNSUpdated 'G-Factor for Natural Resources' figures
25th Mar 20247:02 amRNSAuction Results - Commercial Quality Emeralds
25th Mar 20247:00 amRNS2023 Annual Report, Dividend and Board Changes
22nd Mar 20247:00 amRNSTrading Statement for year ended 31 December 2023
29th Jan 20247:50 amRNSOperational Update up to 31 December 2023
4th Jan 20247:00 amRNSDirector/PDMR Shareholding
20th Dec 20237:00 amRNSCancellation & De-listing of Treasury Shares & TVR
14th Dec 20237:00 amRNSDirector/PDMR Shareholding
6th Dec 20237:00 amRNSRuby Auction Results
16th Nov 20237:00 amRNSAppointment of Nomad and Broker
15th Nov 20233:30 pmRNSAIM Rule 17 Schedule 2(g) Update
2nd Nov 20238:00 amRNSHolding(s) in Company, Director/PDMR shareholdings
2nd Nov 20238:00 amRNSHolding(s) in Company
25th Oct 20233:00 pmRNSHolding(s) in Company
25th Oct 20233:00 pmRNSHolding(s) in Company
23rd Oct 20237:00 amRNSCompletion of Share Buyback Programme
20th Oct 20237:00 amRNSUpdate on Share Buyback Programme
19th Oct 20237:00 amRNSTransaction in Own Shares
18th Oct 20237:00 amRNSTransaction in Own Shares
17th Oct 20237:00 amRNSTransaction in Own Shares
16th Oct 20237:00 amRNSTransaction in Own Shares
13th Oct 20237:00 amRNSTransaction in Own Shares
12th Oct 20237:00 amRNSTransaction in Own Shares
11th Oct 20237:00 amRNSTransaction in Own Shares
9th Oct 20237:00 amRNSTransaction in Own Shares
5th Oct 20237:00 amRNSTransaction in Own Shares
4th Oct 20237:00 amRNSTransaction in Own Shares
3rd Oct 20234:30 pmRNSHolding(s) in Company
3rd Oct 20237:00 amRNSTransaction in Own Shares
27th Sep 20237:00 amRNSTransaction in Own Shares
25th Sep 20237:00 amRNSTransaction in Own Shares and Total Voting Rights
22nd Sep 20237:00 amRNSInterim Results for six months ended 30 June 2023
18th Sep 20237:00 amRNSAuction Results - Commercial Quality Emeralds
14th Sep 20237:00 amRNSTrading Statement
13th Sep 20234:30 pmRNSAuction Update
25th Aug 20239:00 amRNSAward of 2023 LTIP and PDMR dealings
15th Aug 20233:58 pmRNSCancellation and De-listing of Treasury Shares
7th Aug 20237:00 amRNSMRM Signs Second Processing Plant Contract
4th Aug 202311:00 amRNSNotification of major holdings
4th Aug 202311:00 amRNSHolding(s) in Company
1st Aug 20237:00 amRNSHolding(s) in Company
1st Aug 20237:00 amRNSHolding(s) in Company
31st Jul 20237:01 amRNSTransaction in Own Shares
31st Jul 20237:00 amRNSOperational Market Update
25th Jul 20237:00 amRNSIssue of Equity and Total Voting Rights
27th Jun 20233:00 pmRNSResult of AGM
27th Jun 20237:00 amRNSDirector/PDMR Shareholding
21st Jun 20237:00 amRNSRuby Auction Results
15th Jun 20237:00 amRNSIssue of Equity

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.