PRL is listed on two exchanges, its primary listing is on the Johannesburg Stock Exchange (“JSE”), (JSE:PGL) and its secondary listing is on the Bermuda Stock Exchange (“BSX”), (PALLRES.BH).
The trading activity primarily takes place on the JSE. A list of stockbrokers who are registered with the JSE is available at the following link:
Please note that PRL does not facilitate share transactions directly.
All shares issued by PRL to shareholders of Gemfields plc (“Gemfields”) as a result of the Gemfields acquisition were issued on the BSX register. If you are a former Gemfields shareholder, it is likely that your new PRL shares are listed on the BSX.
PRL is registered in Guernsey and is regulated by the Guernsey Financial Services Commission and is therefore not authorised to provide financial advice. A list of stockbrokers who are registered with the JSE is available at:
If you are unsure of what action to take, please contact your financial advisor.
PRL received acceptances to its Offer for the acquisition of Gemfields that exceeded 90% of the shares subject to the Offer, and therefore PRL exercised its right to compulsorily acquire all of the remaining Gemfields shares under Sections 979-982 of the Companies Act 2006.
Any consideration to which you may be entitled is being held in trust on your behalf by Gemfields and you have 12 years to claim your shares. To receive any consideration shares to which you may be entitled, you will need to contact the nominee that held your Gemfields shares on your behalf, and ask them to have the relevant party (often the CREST participant who acts as custodian to the shares) apply in writing to the below address:
Computershare Investor Services PLC, Corporate Actions Projects, The Pavilions, Bridgwater Road, Bristol, BS99 6AH
You will also need to provide evidence of ownership of the Gemfields shares:
The process for transferring shareholdings from the BSX share register to the JSE share register depends on how you hold your PRL shares:
If your shares are held in electronic form (via CREST)
If you hold your shares in certificated form
STRATE is the authorised Central Securities Depository (CSD) for the electronic settlement of all financial instruments in South Africa
The current PRL share price (15 minutes delayed) is available at the following link:
To obtain a live price, please contact your broker.