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Gemfields Group Ltd (GEM)

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Tuesday 28 April, 2020

Gemfields Group Ltd

Gemfields de-listing from trading on the BSX

RNS Number : 1767L
Gemfields Group Limited
28 April 2020
 


 

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 / BSX:GML.BH

  ISIN: GG00BG0KTL52  LEI: 21380017GAVXTCYS5R31

("Gemfields" or the "Company")

 

28 April 2020 

 

Gemfields de-listing from trading on the Bermuda Stock Exchange ("BSX")

 

Shareholders are advised that the Company will de-list from trading on the BSX on Wednesday 1 July 2020.

 

The reasons for the de-listing are that none of the Company's issued shares have traded on the BSX to date and the BSX listing is no longer required now that the Company's shares are admitted to trading on AIM.

 

The Company originally listed on the BSX to comply with the South African Exchange Control Regulations and to facilitate its inward listing on the Johannesburg Stock Exchange.

 

Shareholders who have any questions relating to the de-listing should contact the Company using the below contact details.

 

Further information on Gemfields Group Limited can be found at www.gemfieldsgroup.com

To join our press release mailing list, click here: [email protected] 

For any press enquiries please contact us on [email protected] 

 

Enquiries:



Gemfields

Nominated Adviser and Broker (AIM)

Sean Gilbertson / David Lovett / Mark Lawrie

finnCap

Tel: +44(0) 20 7518 3400

Christopher Raggett / Edward Whiley


Tel: +44(0) 20 7220 0500



Sponsor (JSE)

IR / Financial PR

Investec Bank Limited

Camarco


Gordon Poole / Jennifer Renwick / Nick Hennis


Tel: +44(0) 20 3757 4980

 

Additional information on Gemfields

 

Gemfields is a world-leading supplier of responsibly sourced 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 licenses 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, 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 and has played an important role in the growth of the global coloured gemstone sector.

 


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 [email protected] or visit www.rns.com.
 
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