Category

Business Update

BlackRock Inc Holdings in Company

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 11 July 2011 from BlackRock Inc (“BlackRock”) that on 7 July 2011 Blackrock purchased an additional interest in the Company’s ordinary 1p shares.

Acquisition of 75% interest in Mozambican ruby project

Gemfields plc (“Gemfields” or “the Company”, Ticker “GEM”) announces that it has entered into a conditional agreement (the “Agreement”) to acquire a controlling interest in a ruby deposit based in the Montepuez district of the Cabo Delgado province in Mozambique (the “Project”).

Market Update – Quarter to 31 March 2011

Gemfields plc (“Gemfields” or “the Company”, Ticker “GEM”) presents an operational update for the three month period ending 31 March 2011. All figures are unaudited and “carats” includes both emerald and beryl (unless otherwise stated).

Purchase of Shares by Directors

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 18 March 2011, that on the same day, Mr Sean Gilbertson, Director of the Company, purchased a total of 200,000 of the Company’s ordinary 1p shares at a price of £0.1688 each. This will represent the second purchase of shares by Mr Gilbertson. His total holding after the purchase is approximately 0.09% of the total issued shares of Gemfields.

Capital Research and Management Holdings in Company

Gemfields Plc (“Gemfields” or “the Company”, Ticker “GEM”) received notification on 8 March 2011 from Capital Research and Management (“CRM”) that on 7 March 2011 CRM sold 9,000,000 of the Company’s ordinary 1p shares. Following this transaction, CRM has a notifiable interest in 7,499,333 of the Company’s ordinary 1p shares, amounting to approximately 2.3% of the Company’s issued share capital.