Notification of major holdings

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 3 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 26 September 2023, equivalent to 12.83 per cent of the total issued shares in the Company (excluding treasury shares). Shareholders are advised that Rational Expectations’ shareholding represents 12.89 per cent of the total issued shares in the Company that carry voting rights as at today’s date, as the Company currently holds 8,370,432 treasury shares.

To download TR-1: Standard form for notification of major holdings – please click below: