Month

November 2024

Auction Results – Higher-quality emeralds

Gemfields announces the results of an auction comprised of higher-quality rough emeralds held during the period 4 – 21 November 2024. Highlights: November 2024 Higher-Quality Emerald Auction Total auction revenues of USD 16.1 million 43 lots were offered for sale of which 30 were sold (70%) 141,084 carats of 200,460 offered were sold (70%) Average price of USD 113.96 per carat The 50 auctions of Kagem gemstones held since July 2009 have generated USD 1,068 million in total revenues

PDMR Shareholdings

On 30 October 2024, the Company announced that Kartikeya Parikshya, a PDMR of the Company, had exercised 1,000,000 share options at an exercise price of ZAR2.30 per ordinary share of USD0.00001 each in the company (“Ordinary Shares”).