Gemfields Group Limited (“Gemfields” or the “Company”) is listed on the following stock exchanges:
Johannesburg Stock Exchange (“JSE”) – Ticker/Symbol: GML
Alternative Investment Market (“AIM”) * – Ticker/Symbol: GEM
* Admission commences 14 February 2020.
The company has two shareholder registers; a principal register in Guernsey for the AIM and BSX listed securities (where shares can be held in certificated form or electronically via a custodian or nominee) and a second, branch, register in South Africa for the JSE listed securities (where shares can also be held in certificated form or electronically via a custodian or nominee). Each register is maintained by the Company’s registrar, Computershare.
Transferring shares from the South African register (JSE) to the Guernsey register (AIM)
It is possible, through the process outlined below, to move your shares from South Africa to Guernsey, either to be held in the jurisdiction more convenient for you and/or to allow those shares to be traded on AIM, rather than the JSE. To trade on AIM, in addition to moving your shares from South Africa, you will need to arrange for your shares to be deposited into the CREST account of your nominated custodian or nominee. CREST is the UK central securities depository system through which shares can be held electronically.
Below is a guidance note as to the steps that need to be taken to effect a movement between registers, from South Africa to Guernsey:
** Note, you may also need to comply with local exchange control protocols for removing assets/value from South Africa. Please refer to a South African financial adviser if you need guidance on this. STRATE is the authorised Central Securities Depository (CSD) for the electronic settlement of all financial instruments in South Africa.
Transferring shares from the Guernsey register (AIM/BSX) to the South African register (JSE)
Certificated Guernsey shareholders
For shareholders holding their shares on the Guernsey register and who wish to maintain on this register and trade shares on AIM
Following the recent admission to AIM on the London Stock Exchange (commencing 14 February 2020), Gemfields shares are now available for you to trade (sell or buy more) in certificated form or through CREST.
The London Stock Exchange provides a ‘locate a broker’ facility on its website, which gives details of several companies offering share dealing services. For more information, please visit the private investors section:
If you do not currently have any UK brokerage arrangements Computershare can offer a dealing facility to accommodate you should you wish to use their services.
The link below will provide you with an overview of the terms of the service with all the associated costs and a comprehensive frequently asked questions section.
In order to trade your shares you will firstly need to register at www.computershare.trade
Please note that for UK residents, this can all be completed online. However, should you have any specific questions in relation to the registration that are not answered in the FAQs please contact the number provided in the link above.
Computershare contact information