Enhanced Investments - Financial Portal

TR-1: Standard form for notification of major holdings

Published: 2022-10-31 10:00:41 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
 An acquisition or disposal of financial instruments
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
 20-Oct-2022

6. Date on which Issuer notified
 28-Oct-2022
7. Total positions of person(s) subject to the notification
obligation
                   % of voting
% of voting        rights through
                                                          Total number of
rights attached    financial           Total of both in
                                                          voting rights
to shares (total   instruments         % (8.A + 8.B)
                                                          held in issuer
of 8.A)            (total of 8.B 1 +
                   8.B 2)
  Resulting
  situation on
  the date on
  which                   10.010000         0.000000               10.010000           120672805
  threshold was
  crossed or
  reached

  Position of
  previous
                          9.960000          0.000000               9.960000
  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 direct              % of indirect
shares ISIN           voting rights      voting rights      voting rights            voting rights
code(if possible)     (DTR5.1)           (DTR5.2.1)         (DTR5.1)                 (DTR5.2.1)

GG00BG0KTL52            91986283           28686522                7.630000            2.380000

Sub Total 8.A           120672805                                  10.010000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
                                                        Number of voting rights that
                                                                                               % of
Type of financial    Expiration Exercise/conversion     may be acquired if the
                                                                                               voting
instrument           date       period                  instrument is
                                                                                               rights
                                                        exercised/converted
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
Type of                                                                                     % of
                 Expiration   Exercise/conversion     Physical or cash     Number of
financial                                                                                   voting
                 date         period                  settlement           voting rights
instrument                                                                                  rights
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   instruments if it
Ultimate           Name of controlled                                               equals or is higher
                                         or is higher than     equals or is
controlling person undertaking                                                      than the notifiable
                                         the notifiable        higher than the
                                                                                    threshold
                                         threshold             notifiable
                                                               threshold
                 Rational
 Kalander
                 Expectations    7.634000     0.000000        7.634000%
 Trust
                 (Pty) Ltd

                 Afrika
 Afrika
                 Avontuur
 Avontuur                        1.336000     0.000000        1.336000%
                 Kapitaal
 Trust
                 (Pty) Ltd

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

 Kalander        Potdrie (Pty)
                                 0.182000     0.000000        0.182000%
 Trust           Ltd

                 Groenpunt
 Groenpunt
                 Kapitaal        0.229000     0.000000        0.229000%
 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 - 0.229%
 3:   Potdrie Proprietary Limited - 0.182%
 4:   Afrika Avontuur Kapitaal Proprietary Limited - 1.336%
 5:   Beaucourt Holdings Proprietary Limited - 0.039%
12. Date of Completion
 28-Oct-2022
13. Place Of Completion
 Cape Town
31 October 2022

Sponsor
Investec Bank Limited

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.