Auction Results: Higher-Quality Emeralds
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Date31 May 2024
Gemfields is pleased to announce the results of an auction comprised of higher-quality rough emeralds held during the period 13 – 30 May 2024. Highlights: May 2024 Higher-Quality Emerald Auction Total auction revenues of USD 35.0 million 46 lots were offered for sale of which 43 were sold (93%) Average price of USD 167.51 per carat The 48 auctions of Kagem gemstones held since July 2009 have generated USD 1,041 million in total revenues
Dividend Finalisation
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Date27 May 2024
Further to the Company’s declaration on 25 March 2024 of a final dividend for the year to 31 December 2023 of USD 10 million (“Dividend”), notice is hereby given that the dividend, being a gross dividend of USDc 0.85712 per ordinary share, payable from income reserves, will be converted from United States Dollars (USD) to South African Rand (ZAR) and Great British Pounds (GBP) at the below exchange rates of Friday, 24 May 2024, obtained from currency conversion transactions the Company has entered into: