News and Announcements

Director’s Dealings

Gemfields (AIM: GEM) announces that on 15 April 2015, the Company received notification from Devidas Shetty, a director of the Company (and Chief Operating Officer), of a dealing in the ordinary shares of Gemfields.

Grant of Share Options

Gemfields (AIM: GEM) announces that it has granted to certain directors and employees a total of 6,730,000 options over ordinary shares of 1 pence each in the Company (the “Options”). The Options were granted under the 2010 Share Option Scheme approved at the Company’s AGM on 21 December 2010 (the “Scheme”).

Market Update – Quarter to 31 March 2015

Gemfields plc (AIM: GEM) presents an operational update for the three month period ending 31 March 2015. All figures are approximate and unaudited. Unless otherwise stated, the phrase “carats” includes both emerald and beryl in relation to the Kagem emerald mine, and both ruby and corundum in relation to the Montepuez ruby deposit.

Gemfields wins Best Basic Resources Plc at UK Stock Market Awards

Pallinghurst is pleased to announce that Gemfields received an award for the ‘Best Basic Resources Plc’ category at the 2015 UK Stock Market Awards held in London on Thursday 26 March 2015. The UK Stock Market Awards are one of the leading events for companies listed in the UK. Pallinghurst’s Chief Executive, Arne H. Frandsen said: “Pallinghurst congratulates Ian Harebottle and his team. Winning this prestigious prize underlines the achievements to date and highlights the unique potential of Gemfields. As a 48% shareholder of Gemfields, Pallinghurst remains fully committed to creating the world’s largest and most successful coloured gemstones producer.”