PDMR shareholding and Total Voting Rights update

RNS Number : 6992K
Gemfields Group Limited
09 May 2022
 

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 shareholding, Issue of Equity and Total Voting Rights update

LONDON, 9 May 2022

In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 2,942,757 new ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") following the exercise of share options by Kartikeya Parikshya.  

Kartikeya Parikshya is a PDMR of the Company. Kartikeya Parikshya exercised 2,000,000 share options at an exercise price of ZAR2.30 per Ordinary Share and 942,757 share options at an exercise price of ZAR2.97. Following the above transaction, Kartikeya Parikshya has an interest in 2,987,757 Ordinary Shares, representing 0.25 per cent of the Company.

Applications have been made for the new Ordinary Shares to be admitted to trading on AIM and the JSE, both which are expected to occur on or around 10 May 2022 ("Admission"). 

Following Admission there will be 1,182,697,367 Ordinary Shares in issue with each Ordinary Share carrying the right to one vote. 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.

 

 

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

 

Exercise of Share Options

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




ZAR2.97

942,757




ZAR2.30

2,000,000







d)

 

Aggregated information




- Aggregated volume

2,942,757



- Price

ZAR2.30 and 2.97

e)

 

Date of the transaction

 

 

9 May 2022

f)

 

Place of the transaction

London 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
T:
 +44(0) 20 7518 3400

SPONSOR (JSE)

Investec Bank Limited

SEDIBELO SALE PROCESS

Liberum

Nehal Patel

T: +44(0) 20 3100 2222

NOMINATED ADVISER
(AIM) & JOINT BROKER

finnCap
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

 

 

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