Enhanced Investments - Financial Portal

Update: Mr Carel Malan, Non-Executive Director

Published: 2022-11-21 13:30:26 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")




Update: Mr Carel Malan, Non-Executive Director
LONDON, 21 NOVEMBER 2022


On 1 July 2022, Gemfields announced that Mr Carel Malan had tendered his resignation as an
Independent Non-Executive Director of the Company and would leave the Board, at the latest,
on 31 December 2022.

Gemfields is pleased to advise that Mr Malan has rescinded his resignation and will therefore
continue as an Independent Non-Executive Director of the Company. He will continue as a
member of the Nomination Committee and will, with immediate effect, resume his position as
Chair of the Audit Committee.




                                               -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 Group Limited, Royal Chambers, St Julian’s Avenue, St Peter Port, GY1 4HP, Guernsey
                                     T +44 (0)1481 731 554
                                        gemfieldsgroup.com
 GEMFIELDS                         Sean Gilbertson / David Lovett / Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


 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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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.