Gemfields Group Limited (JSE:GML) News - Director/PDMR Shareholding

GEMFIELDS GROUP LIMITED
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")


Director/PDMR Shareholding
LONDON, 26 APRIL 2022


In accordance with AIM Rule 17, shareholders are advised that Gemfields has received notice that
Adrian Banks, a PDMR of the Company, has sold 830,850 ordinary shares of USD0.00001 each in
the company (“Ordinary Shares”), at an average price of 3.51 Rand per Ordinary Share. Following
the above transaction, Mr Banks has an interest in 11,888 Ordinary Shares, representing 0.00 per
cent of the Company.

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

Nature of transaction                   On market sale of shares
Volume weighted average price           R3.51 (R3.47 net of transaction
                                        costs)
Total value of transaction              R2,883,825.89 (net of transaction
                                        costs)
Highest price                           R3.62
Lowest price                            R3.48
Nature of interest                      DIRECT BENEFICIAL


Clearance was obtained for the above dealings in securities.



                                       
               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
                                  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.COM | INVESTORS |FOUNDATION

                       INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE




                                          FABERGÉ

             FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE




                                   KAGEM MINING LINKEDIN

                              MONTEPUEZ RUBY MINING LINKEDIN




      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                          Adrian Banks

 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)
                                      R3.48 to R3.62         830,850

 d)    Aggregated information

       - Aggregated volume            830,850

       - Price                        R3.51
 e)    Date of the transaction        26 April 2022


 f)    Place of the transaction       London Stock Exchange





Date: 26-04-2022 01:30:00
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