News and Announcements

Update on Company Secretary Dealing, Cancellation of Issue of Equity and Total Voting Rights update

Further the Company’s announcement earlier today, pursuant to which shareholders were advised that Gemfields had issued and allotted 1,391,000 new ordinary shares of USD0.00001 each in the Company (“Ordinary Shares”) following the exercise of share options by Toby Hewitt, Gemfields’ Company Secretary and General Counsel, shareholders are advised that Toby Hewitt has cancelled his share options exercise and accordingly the Company has cancelled the issue and allotment of 1,391,000 new Ordinary Shares.