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")
PDMR Shareholdings
LONDON, 7 NOVEMBER 2024
On 30 October 2024, the Company
announced that Kartikeya Parikshya, a PDMR of the Company, had
exercised 1,000,000 share options at an exercise price of ZAR2.30
per ordinary share of USD0.00001 each in the company ("Ordinary
Shares").
In accordance with AIM Rule 17,
shareholders are advised that Gemfields has received notice that Mr
Parikshya has sold 1,000,000 Ordinary Shares, at an average price
of ZAR2.36 per
Ordinary Share. Following the above transaction, Mr Parikshya owns
45,000 Ordinary Shares, representing 0.004 per cent of the
Company.
In compliance with Rules 3.63 - 3.74
of the JSE Listings Requirements, the Company discloses the
following additional information:
|
Nature of transaction
|
On market sale of shares
|
|
Volume weighted average
price
|
ZAR2.36666
|
|
Total value of
transaction
|
ZAR2,366,660 (this figure includes
the total exercise costs of the 1,000,000 options at ZAR2.30, so
the gain is ZAR66,660)
|
|
Highest price
|
ZAR2.50
|
|
Lowest price
|
ZAR2.35
|
|
Nature of interest
|
DIRECT BENEFICIAL
|
Clearance was obtained for the above
dealings in securities.
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
|
Kartikeya Parikshya
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial Notification
|
|
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
instrument, type of instrument
|
Ordinary Shares of USD0.00001
each
|
|
Identification code
|
ISIN: GG00BG0KTL52
|
|
|
|
|
b)
|
Nature of the transaction
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
ZAR 2.36666
|
1,000,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
1,000,000
|
|
|
|
|
- Price
|
ZAR 2.36666
|
|
e)
|
Date of the transaction
|
6 November 2024
|
|
f)
|
Place of the transaction
|
Johannesburg Stock
Exchange
|
-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 / Ian
Hughes
ir@gemfields.com
T: +44(0) 20 7518 3400
|
|
SPONSOR (JSE)
|
Investec Bank Limited
|
|
NOMINATED ADVISER
(AIM) & BROKER
|
Panmure Liberum
Scott Mathieson / Kieron Hodgson / Amrit Mahbubani / John
More
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
responsible miner and marketer of 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 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 | X
| YOUTUBE
FABERGÉ
FABERGÉ.COM
| INSTAGRAM
| FACEBOOK
| X |
YOUTUBE
KAGEM
MINING LINKEDIN
MONTEPUEZ
RUBY MINING LINKEDIN