Cancellation and De-listing of Treasury Shares and Total Voting Rights
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Date20 Dec 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.
PDMR Dealing, Issue of Equity and Total Voting Rights
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Date14 Dec 2023
In accordance with AIM Rule 17, shareholders are advised that Gemfields has issued and allotted 471,377 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by Kartikeya Parikshya (a person discharging managerial responsibilities, or “PDMR”).
Final 2023 auction results underscore the ongoing vitality of the ruby market
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Date06 Dec 2023
Gemfields is pleased to announce the results of a ruby auction comprised of mixed-quality rough rubies held during the period 20 November to 5 December 2023. The rough rubies were extracted by Montepuez Ruby Mining Limitada (“MRM”, which is 75% owned by Gemfields and 25% by its Mozambican partner Mwiriti Limitada). The proceeds of this auction will be fully repatriated to MRM in Mozambique, with all royalties due to the Government of the Republic of Mozambique being paid on the full sales price achieved at the auction.