GEMFIELDS GROUP LIMITED - Cancellation and De-listing of Treasury Shares and Total Voting Rights

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

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")

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                 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: 20-12-2023 09:00:00
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