Enhanced Investments - Financial Portal

Standard form for notification of major holdings”.

Published: 2022-10-06 17:27:33 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")




             TR-1: Standard form for notification of major holdings

1. Issuer Details
 ISIN
 GG00BG0KTL52
 Issuer Name
 GEMFIELDS GROUP LIMITED
 UK or Non-UK Issuer
 UK
2. Reason for Notification
 Other
 Comments
 Change in shareholding
3. Details of person subject to the notification obligation
 Name
 Rozendal Associate Holdings
 City of registered office (if applicable)
 Port Louis
 Country of registered office (if applicable)
 Mauritius
4. Details of the shareholder
 Full name of shareholder(s) if different from the person(s) subject
 to the notification obligation, above


 City of registered office (if applicable)
 Country of registered office (if applicable)


5. Date on which the threshold was crossed or reached
  05-Oct-2022
6. Date on which Issuer notified
  05-Oct-2022
7. Total positions of person(s) subject to the notification obligation
                                             % of voting
                        % of voting          rights through
                                                                                     Total number of
                        rights attached to   financial            Total of both in
           .                                                                         voting rights held
                        shares (total of     instruments          % (8.A + 8.B)
                                                                                     in issuer
                        8.A)                 (total of 8.B 1 +
                                             8.B 2)

  Resulting
  situation on
  the date on
  which                  9.960000             0.000000             9.960000           120094065
  threshold was
  crossed or
  reached

  Position of
  previous
                         10.030000            0.000000             10.030000
  notification (if
  applicable)

8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of       Number of direct    Number of indirect                          % of indirect
                                                                 % of direct voting
shares ISIN         voting rights       voting rights                               voting rights
                                                                 rights (DTR5.1)
code(if possible)   (DTR5.1)            (DTR5.2.1)                                  (DTR5.2.1)

GG00BG0KTL52          91986283               28107782              7.630000           2.330000

Sub Total 8.A         120094065                                    9.960000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                        Number of voting rights that may      % of
Type of financial   Expiration Exercise/conversion
                                                        be acquired if the instrument is      voting
instrument          date       period
                                                        exercised/converted                   rights
Sub Total 8.B1
8B2. Financial Instruments with similar economic effect according
to (DTR5.3.1R.(1) (b))
Type of
                 Expiration   Exercise/conversion    Physical or cash      Number of         % of voting
financial
                 date         period                 settlement            voting rights     rights
instrument
Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation
2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)
                                                               % of voting rights
                                         % of voting
                                                               through financial     Total of both if it
                                         rights if it equals
Ultimate           Name of controlled                          instruments if it     equals or is higher
                                         or is higher than
controlling person undertaking                                 equals or is higher   than the notifiable
                                         the notifiable
                                                               than the notifiable   threshold
                                         threshold
                                                               threshold

                       Rational
  Kalander
                       Expectations        7.634000              0.000000              7.634000%
  Trust
                       (Pty) Ltd

                       Afrika
  Afrika
                       Avontuur
  Avontuur                                 1.312000              0.000000              1.312000%
                       Kapitaal (Pty)
  Trust
                       Ltd

  Afrika               Beaucourt
  Avontuur             Holdings            0.039000              0.000000              0.039000%
  Trust                (Pty) Ltd

  Kalander             Potdrie (Pty)
                                           0.185000              0.000000              0.185000%
  Trust                Ltd

                       Groenpunt
  Groenpunt
                       Kapitaal            0.234000              0.000000              0.234000%
  Trust
                       Limited

                       Rozendal &
  Vinkel Trust         Associates          0.595000              0.000000              0.595000%
                       Holdings Ltd

10. In case of proxy voting
 Name of the proxy holder


 The number and % of voting rights held
     The date until which the voting rights will be held


   11. Additional Information
     The following parties are related to Rational Expectations holding 7.634%
     directly (the party subject to reporting notification) and their respective
     % holdings are as follows:

     1:   Rozendal & Associates Holdings Limited - 0.595%
     2:   Groenpunt Kapitaal Limited - 0.234%
     3:   Potdrie Proprietary Limited - 0.185%
     4:   Afrika Avontuur Kapitaal Proprietary Limited - 1.312%
     5:   Beaucourt Holdings Proprietary Limited - 0.039%
   12. Date of Completion


   13. Place Of Completion
     Cape Town


Sponsor
Investec Bank Limited

6 October 2022

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
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.