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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, 18 OCTOBER 2023
Gemfields announces that on Tuesday 17 October 2023, the Company purchased 3,324,060 of its
own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") at an average price
of ZAR3.1500. These Ordinary Shares will be held as treasury shares before being periodically
cancelled. Any cancellations will be announced separately.
Date of purchase: 17 October 2023
Number of ordinary shares purchased: 3,324,060
Highest price paid per share: ZAR3.15
Lowest price paid per share: ZAR3.14
Volume weighted average price paid per share: ZAR3.1500
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
21,230,416. 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 1,200,687,688. 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.
Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
T +44 (0)1481 731 554
gemfieldsgroup.com
Number of
Transaction
Transaction date and time shares Trading venue
price (ZAR)
repurchased
17 October 2023, 09:12 SA time 3,284 3.14 JSE
17 October 2023, 09:12 SA time 72,608 3.15 JSE
17 October 2023, 09:12 SA time 10,000 3.15 JSE
17 October 2023, 09:12 SA time 14,108 3.15 JSE
17 October 2023, 09:18 SA time 75,148 3.15 JSE
17 October 2023, 09:18 SA time 10,000 3.15 JSE
17 October 2023, 09:18 SA time 14,852 3.15 JSE
17 October 2023, 12:27 SA time 24,374 3.15 JSE
17 October 2023, 12:27 SA time 50,000 3.15 JSE
17 October 2023, 12:27 SA time 5,000 3.15 JSE
17 October 2023, 12:27 SA time 920,626 3.15 JSE
17 October 2023, 14:00 SA time 24,126 3.15 JSE
17 October 2023, 14:00 SA time 10,000 3.15 JSE
17 October 2023, 14:00 SA time 609,517 3.15 JSE
17 October 2023, 14:01 SA time 9,073 3.15 JSE
17 October 2023, 14:01 SA time 1,445,783 3.15 JSE
17 October 2023, 14:09 SA time 25,000 3.15 JSE
17 October 2023, 14:09 SA time 561 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
Gemfields Group Limited Page 2 of 4
ENQUIRIES
GEMFIELDS Sean Gilbertson / David Lovett / Ian Hughes
ir@gemfields.com
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
NOMINATED ADVISER Cavendish Capital Markets Limited
(AIM) & JOINT BROKER Neil McDonald / Edward Whiley / Tim Redfern
T: +44(0) 20 7220 0500
JOINT BROKER Liberum
Scott 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 Group Limited Page 3 of 4
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
Gemfields Group Limited Page 4 of 4
