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.
Shareholders are informed that Gemfields’ Annual Report for the year ended 31 December 2019 (the “Annual Report”) is now available on the Gemfields website. The Financial Statements contained within the Annual Report contain no modifications to Gemfields’ Audited Annual Results for the year ended 31 December 2019 which were published on both SENS and RNS on 6 April 2020. The Financial Statements have been audited by the Company’s auditors, BDO LLP. Their audit opinion was not qualified but included a material uncertainty regarding the going concern assumption and a reference to the Directors’ disclosures on going concern.
The Company hereby provides a further update on mitigating actions taken in response to the COVID-19 pandemic. The impact of COVID-19 continues to evolve rapidly and it is not yet possible to predict the full extent of the impact on the Company’s operations and revenues. The wellbeing of Gemfields’ employees and host communities continues to remain the Company’s overriding priority and to guide actions undertaken by the Company to navigate the months ahead.
Gemfields is pleased to report the Company’s audited financial results for the year ended 31 December 2019 (“2019 Results”).