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")
PDMR Dealing, Issue of Equity and
Total Voting Rights
LONDON, 30 OCTOBER 2024
In accordance with AIM Rule 17,
shareholders are advised that Gemfields has issued and allotted
665,000 new ordinary shares of USD0.00001 each in the Company
("Ordinary Shares") following the exercise of share options by
Kartikeya Parikshya (a person discharging managerial
responsibilities, or "PDMR").
Due to an imminent lapse date, Mr
Parikshya has exercised 1,000,000 share options at an exercise
price of ZAR2.30 per Ordinary Share. As announced on 15 July 2024,
335,000 Ordinary Shares are currently held in Gemfields' nominee
account, which will be used together with the 665,000 newly issued
and allotted Ordinary Shares to satisfy Mr Parikshya's share
options exercise.
A further announcement will be made
once the shares have been sold. Following the above transactions,
Mr Parikshya will own 45,000 Ordinary Shares, representing 0.004
per cent of the Company.
Applications have been made for the
665,000 new Ordinary Shares to be admitted to trading on AIM and
the JSE, both of which are expected to occur on or around 31
October 2024 ("Admission").
Following Admission the number of
Ordinary Shares that carry the right to one vote per Ordinary Share
will be 1,168,027,130. This is also 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.
Notification of a Transaction
pursuant to Article 19(1) of Regulation (EU) No.
596/2014
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Kartikeya Parikshya
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Gemfields Group Limited
|
|
b)
|
LEI
|
21380017GAVXTCYS5R31
|
|
4
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument
|
Ordinary Shares of USD0.00001
each
|
|
|
|
|
Identification code
|
ISIN: GG00BG0KTL52
|
|
|
|
|
b)
|
Nature of the transaction
|
Off Market Exercise of Share
Options
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
ZAR2.30
|
1,000,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
1,000,000
|
|
|
|
|
- Price
|
ZAR 2.30
|
|
e)
|
Date of the transaction
|
30 October 2024
|
|
f)
|
Place of the transaction
|
Johannesburg Stock
Exchange
|
-ENDS-
Further
information on Gemfields Group Limited can be found at:
GEMFIELDSGROUP.COM
To join
our investor mailing list, contact us on:
companysecretary@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) & BROKER
|
Panmure Liberum
Scott Mathieson / Kieron Hodgson / Amrit Mahbubani / John
More
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