Try our mobile app

PDMR Shareholdings

Published: 2024-01-04 10:01:48 ET
<<<  go to JSE:GML company page
                       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 Shareholdings
LONDON, 4 JANUARY 2024


On 14 December 2023, the Company announced that Kartikeya Parikshya, a PDMR of the
Company, had exercised 471,377 share options at an exercise price of ZAR2.97 per ordinary
share of USD0.00001 each in the company (“Ordinary Shares”).

In accordance with AIM Rule 17, shareholders are advised that Gemfields has received notice
that Mr Parikshya has sold 471,377 Ordinary Shares, at an average price of ZAR2.97 per
Ordinary Share. Following the above transaction, Mr Parikshya owns 45,000 Ordinary Shares,
representing 0.004 per cent of the Company.

In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements, the Company discloses
the following additional information:

Nature of transaction                   On market sale of shares
Volume weighted average price           ZAR2.97
Total value of transaction              ZAR1,398,906.85 (excluding the total exercise
                                        costs of the 471,377 options at ZAR2.97)
Highest price                           ZAR3.00
Lowest price                            ZAR2.90
Nature of interest                      DIRECT BENEFICIAL


Clearance was obtained for the above dealings in securities.




   Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                     T +44 (0)1481 731 554
                                        gemfieldsgroup.com
      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           Initial Notification
       /Amendment

 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   Ordinary Shares of USD0.00001 each
       instrument, type of
       instrument
       Identification code            ISIN: GG00BG0KTL52

 b)    Nature of the transaction      Sale of Ordinary Shares

 c)    Price(s) and volume(s)
                                         Price(s)                Volume(s)
                                         ZAR 2.97                471,377

 d)    Aggregated information

       - Aggregated volume            471,377

       - Price                        ZAR 2.97
 e)    Date of the transaction        19 December 2023


 f)    Place of the transaction       Johannesburg Stock Exchange




Gemfields Group Limited                                                           Page 2 of 4
                                             -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                 Liberum
 (AIM) & BROKER                    Scott Mathieson / John More / Kane Collings / Anake Singh
                                   T: +44(0) 20 3100 2222


 FINANCIAL PR/ IR                  Camarco
                                   Gordon Poole / Emily Hall
                                   T: +44(0) 20 3757 4980




Gemfields Group Limited                                                                    Page 3 of 4
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




Gemfields Group Limited                                                                  Page 4 of 4