News and Announcements

Joint Venture Agreements Regarding Sri Lankan Sapphires and Gemstones

Gemfields is pleased to announce that it has entered into a joint venture with East West Gem Investments Limited (‘EWGI’), a Jersey registered company, in order to progress opportunities in the Sri Lankan sapphire and gemstone sector via three Sri Lankan subsidiaries which will be 75% and 25% held by Gemfields and EWGI respectively.

2014 Interim Results- Trading statement

In accordance with the JSE Limited Listings Requirements, Pallinghurst gives notice that it is now reasonably certain that its financial results for the interim period to 30 June 2014 will differ by more than 20% compared to the financial results for the period to 30 June 2013. Pallinghurst expects that earnings and headline earnings per share will increase to US$0.14, compared to a loss and headline loss per share of US$0.10 for the six months ended 30 June 2013. The significant period on period increase in earnings and headline earnings is primarily attributable to increases in the valuation of Pallinghurst’s interests in Gemfields plc and Jupiter Mines Limited, which are held at fair value. Pallinghurst expects that net asset value...
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Notice of Final Results

Gemfields plc (AIM: GEM) will be reporting its final results for the year ending 30 June 2014 at 07:00 British Summer Time (“BST”) on Monday 22 September 2014.

Appointment of advisers

Gemfields (AIM: GEM) is pleased to announce the appointment of Grant Thornton UK LLP as its nominated adviser and BMO Capital Markets Limited as joint broker to the Company with immediate effect.

Grant of Share Options

Gemfields (AIM: GEM) announces that it awarded a total of 5,500,000 options over ordinary shares of 1 pence each in the Company (the “Options”) to certain Directors and employees. These Options were granted under the Stock Option Scheme 2010 approved by the AGM on 21 December 2010.