For the purposes of the Financial Conduct Authority’s Disclosure and Transparency Rules, shareholders are advised that as at the date of this notice, the Company’s issued share capital consists of 1,171,357,330 ordinary shares with a nominal value of USD0.00001 each (“Ordinary Shares”), with each share carrying the right to one vote. The Company does not hold any shares in Treasury.
Gemfields shareholders are advised that the Company has released information about its operational results and financial position up to and including 31 December 2021. The figures have been produced on a monthly basis for Gemfields’ 75%-owned Kagem emerald mine, its 75%-owned Montepuez ruby mine and Fabergé, the iconic luxury brand.
In accordance with AIM Rule 17, shareholders are advised that Gemfields have issued and allotted 1,370,100 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of employee share options.
In compliance with AIM Rule 17, shareholders are advised that Gemfields received formal notification on 17 January 2022 from Diacolor International DMCC (“Diacolor”) that Diacolor holds a total of 40,610,337 ordinary shares, equivalent to 3.47% of the total issued shares in the Company.
In accordance with AIM Rule 17, shareholders are advised that Gemfields have issued and allotted 509,200 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of employee share options.
Gemfields hereby provides an update on the proposed sale of its interest in Sedibelo Platinum Mines Limited (“SPM”). At the time of the Company’s announcement on 13 November 2020, Gemfields held its stake in SPM via an interposed vehicle named Pallinghurst Ivy Lane Capital S.à r.l. (“Ivy Lane”), a company incorporated in Luxembourg, which in turn had an interest in 27.64% of SPM.