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GEMFIELDS GROUP LIMITED - PDMR Shareholdings

Release Date: 04/01/2024 09:00
Code(s): GML     PDF:  
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PDMR Shareholdings

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
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             Initial Notification
       /Amendment

 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     Ordinary Shares of USD0.00001 each
       instrument, type of
       instrument
       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                 Liberum
 (AIM) & BROKER                    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

Date: 04-01-2024 09:00:00
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