Enhanced Investments - Financial Portal

Non-Executive Director Resignation

Published: 2022-07-01 09:01:53 ET

                         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")




Non-Executive Director Resignation
LONDON, 1 July 2022


Gemfields advises that Mr Carel Malan tendered his resignation as a Non-Executive Director of
the Company on 29 June 2022, with such resignation to take effect from latest 31 December 2022.


Mr Martin Tolcher, Chairman of the Board, commented: “We thank Carel whole-heartedly for his
contributions to the Board, especially in his role as Chairman of the Audit Committee, and wish him well in his
new role at Glencore - which necessitated his resignation as a Director of the Company. Carel has kindly agreed to
stay on at the Company for up to six months longer so that his current responsibilities can be taken on.”

                                                    -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 / Mark Lawrie
                                        T: +44(0) 20 7518 3400




    Gemfields Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                      T +44 (0)1481 731 554
                                         gemfieldsgroup.com
 SPONSOR (JSE)                     Investec Bank Limited


 SEDIBELO SALE PROCESS             Liberum
                                   Scott Mathieson
                                   T: +44(0) 20 3100 2222

 NOMINATED ADVISER                 finnCap
 (AIM) & JOINT BROKER              Christopher Raggett / Tim Redfern / Edward Whiley
                                   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 miner of responsible 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 and trading
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 Group Limited                                                                Page 2 of 3
                      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 3 of 3

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.