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Latest Share Chat

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

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END
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