The Company announces that it has appointed Liberum Capital Limited (“Liberum”) as Nominated Adviser and Sole Broker with immediate effect. Liberum were previously engaged as the Company’s Joint Broker.
Gemfields announces that the following information is being disclosed pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies. Previous and current directorships and partnerships (held in the past five years and as at the date of the original announcements containing Schedule 2(g) information). The original announcements relate to either the Schedule One Pre-Admission Appendix published on 17 January 2020 (“Schedule One”) or the specific appointment announcement for that director:
In compliance with paragraph 3.83(b) of the JSE Listings Requirements and AIM Rule 17, shareholders are advised that Gemfields received formal notification on 1 November 2023 from Assore International Holdings Limited (“Assore”) that it acquired 12,219,181 ordinary shares of USD0.00001 each in Gemfields (“Ordinary Shares”) on 18 October 2023.
In compliance with paragraph 3.83(b) of the JSE Listings Requirements and AIM Rule 17, shareholders are advised that Gemfields received formal notification on 24 October 2023 from Rozendal Associate Holdings (“Rational Expectations”) that it, combined with related parties, held a total of 156,434,855 ordinary shares in the Company as of 18 October 2023, equivalent to 13.03 per cent of the total issued shares in the Company (excluding treasury shares). Shareholders are advised that Rational Expectations’ shareholding represents 13.41 per cent of the total issued shares in the Company that carry voting rights as at today’s date, as the Company currently holds 55,694,351 treasury shares.
Gemfields announces that on Friday 20 October 2023, the Company purchased 2,853,200 of its own ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) at a price of ZAR3.15. This completes a USD 10 million share buyback programme approved by shareholders.
Following the previously announced purchase of 31,610,735 of the Company’s own ordinary shares of USD0.00001 (“Ordinary Shares”) on Wednesday 18 October 2023, Gemfields announces that as of that date, a total of 55,570,701 Ordinary Shares had been purchased.