Director/PDMR Shareholding

Gemfields Group Limited
04 January 2024
 

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, 4 JANUARY 2024

On 14 December 2023, the Company announced that Kartikeya Parikshya, a PDMR of the Company, had exercised 471,377 share options at an exercise price of ZAR2.97 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 471,377 Ordinary Shares, at an average price of ZAR2.97 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

ZAR2.97

Total value of transaction

ZAR1,398,906.85 (excluding the total exercise costs of the 471,377 options at ZAR2.97)

Highest price

ZAR3.00

Lowest price

ZAR2.90 

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 2.97

471,377







d)

 

Aggregated information




- Aggregated volume

471,377



- Price

ZAR 2.97

e)

 

Date of the transaction

 

 

19 December 2023

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:
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

 

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