News and Announcements

Kagem Emerald Mine Pays First Dividend

Gemfields plc (AIM: GEM) is pleased to announce that Kagem Mining Limited, Zambia’s largest emerald producer, and in which Gemfields has a 75 per cent interest, has declared and paid a dividend of USD 8 million. The Government of the Republic of Zambia, a 25 per cent shareholder in Kagem, has received its USD 2 million share of the dividend, and Gemfields has received its USD 6 million share.

Result of AGM

Gemfields plc (AIM: GEM) is pleased to announce that at the Annual General Meeting of the Company held earlier today (“AGM”), all resolutions proposed to shareholders were duly passed with the exception of Resolution 7 relating to proposed adoption of the Gemfields plc Long Term Incentive Plan, which, with the consent of the meeting, was withdrawn from consideration.