In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 1,240,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of employee share options.
Gemfields hereby announces the Company’s audited financial results for the year ending 31 December 2021 (“2021 Results”). The content of this short form announcement is the responsibility of the board of directors of the Company. Shareholders are advised that this short form announcement represents a summary of the information contained in the full announcement and does not contain full or complete details of the financial results.
For the year ended 31 December 2021. In accordance with paragraph 3.4(b) of the JSE Limited Listings Requirements, Gemfields is reasonably certain that its net profit after tax will be USD 65.0 million for the year ended 31 December 2021 (2020: USD 93.2 million net loss after tax; 2019: USD 39.1 million net profit after tax). In ZAR terms, the net profit after tax is expected to be ZAR 961 million (2020: ZAR 1,535 million net loss after tax; 2019: ZAR 565 million net profit after tax).