Cancellation & De-listing of Treasury Shares & TVR

Gemfields Group Limited
20 December 2023
 

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")

 

Cancellation and De-listing of Treasury Shares and Total Voting Rights

LONDON, 20 DECEMBER 2023

In accordance with AIM Rule 17, shareholders are advised that Gemfields has cancelled and de-listed  55,694,351 ordinary shares of USD0.00001 each in the Company ("Ordinary Shares"), such shares which were previously held in treasury having been repurchased by the Company pursuant to the share buy-back programme which completed on 20 October 2023 (the "Cancellation"). The Cancellation and de-listing will be complete on 21 December 2023, following completion of requisite approvals and filings.

Following Cancellation there will be 1,166,695,130 Ordinary Shares in issue, each share carrying the right to one vote. No Ordinary Shares remain in treasury. This is also the total voting rights figure which may be used by shareholders as the denominator for the calculations by which they can determine whether they are required to notify their interests in, or a change to their interest in the Company.

 

 

-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

Sean Gilbertson / David Lovett / Ian Hughes

ir@gemfields.com
T:
 +44(0) 20 7518 3400

SPONSOR (JSE)

Investec Bank Limited

NOMINATED ADVISER
(AIM) & BROKER

Liberum
Scott Mathieson / John More / Kane Collings / Anake Singh
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 | TWITTER | YOUTUBE

 

FABERGÉ

FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE

 

KAGEM MINING LINKEDIN

MONTEPUEZ RUBY MINING LINKEDIN

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings