| Tue 27 Jun 2023, 16:00 | | GEMFIELDS GROUP LIMITED - Results of Annual General Meeting |
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Results of Annual General Meeting
GEMFIELDS GROUP LIMITED
Incorporated in Guernsey. Guernsey registration Number: 47656.
South African external company registration number 2009/012636/10
Share code on JSE:GML / AIM:GEM
ISIN: GG00BG0KTL52 | LEI: 21380017GAVXTCYS5R31
("Gemfields" or the "Company")
Results of Annual General Meeting
LONDON, 27 JUNE 2023
Shareholders are advised that the Company’s Annual General Meeting (“AGM”) was held today,
Tuesday 27 June 2023.
The Company is pleased to announce that all resolutions set out in the Notice of AGM were passed
by the requisite majority of shareholders.
An extract of the Minutes of the AGM have also been published onto our website, with the
Company’s response to questions received by shareholders. This extract can be found as an
appendix to this announcement under the section titled ‘News and Media’.
Details of the voting results at the AGM are as follows:
Total number of Ordinary Shares (with voting rights 1) 1,216,857,062
Total number of Ordinary Shares present/represented including
702,900,192
proxies at the meeting (including shares abstained from voting)
Percentage of Ordinary Shares represented at the meeting 57.76%
Resolution proposed For Against Abstain
Ordinary resolution 1:
To adopt the Company’s Annual Report for the 702,762,155 38,200 99,837
year ended 31 December 2022
99.99% 0.01%
Ordinary resolution 2:
To re-elect Martin Tolcher, who is retiring by 579,008,801 39,362 123,852,029
rotation, as a Director of the Company
99.99% 0.01%
Ordinary resolution 3:
To re-elect Lumkile Mondi, who is retiring by 578,939,173 39,362 123,921,657
rotation, as a Director of the Company
99.99% 0.01%
Ordinary resolution 4:
To re-elect Lumkile Mondi (subject to his re- 578,914,623 39,362 123,946,207
election as a Director pursuant to ordinary
resolution 3), to the Company’s Audit Committee 99.99% 0.01%
Ordinary resolution 5:
To re-elect Mary Reilly to the Company’s Audit 702,620,606 63,870 215,716
Committee
99.99% 0.01%
Ordinary resolution 6:
To re-elect Carel Malan to the Company’s Audit 702,603,074 63,870 233,248
Committee
99.99% 0.01%
Ordinary resolution 7:
To appoint Ernst & Young LLP as the Company’s 702,750,809 38,562 110,821
auditor (until the conclusion of the 2024 annual
general meeting) and to authorise the Directors to 99.99% 0.01%
fix their remuneration
Special Resolution 1:
General authority to issue shares for cash 608,253,519 94,587,839 58,834
86.54% 13.46%
Special Resolution 2:
General authority to acquire (repurchase) ordinary 702,663,328 177,557 59,307
shares
99.97% 0.03%
Special Resolution 3:
General authority to cancel shares 702,695,574 118,074 86,544
99.98% 0.02%
Special Resolution 4:
Approval of a new Long Term Incentive Plan 699,715,207 3,094,776 90,209
99.56% 0.44%
Non-binding advisory vote:
Endorsement of the Company’s Remuneration 699,127,746 526,954 3,245,492
Policy
99.92% 0.08%
Non-binding advisory vote:
Endorsement of the Company’s Remuneration 699,116,728 526,954 3,256,510
Implementation Report
99.92% 0.08%
Notes:
1 This excludes all Treasury shares held by the company. Treasury shares are not entitled to vote
-ENDS-
Further information on Gemfields Group Limited can be found at:
GEMFIELDSGROUP.COM
To join our investor mailing list, contact us on:
ir@gemfields.com
For any press enquiries please contact us on:
gemfields@camarco.co.uk
This announcement contains inside information for the purposes of Article 7 of the Market Abuse
Regulation (EU) no. 596/2014 which forms part of domestic UK law pursuant to the European Union
(withdrawal) act 2018 ("MAR").
ENQUIRIES
GEMFIELDS Sean Gilbertson / David Lovett / Ian Hughes
ir@gemfields.com
T: +44(0) 20 7518 3400
SPONSOR (JSE) Investec Bank Limited
NOMINATED ADVISER finnCap
(AIM) & JOINT BROKER Christopher Raggett / Tim Redfern / Edward Whiley
T: +44(0) 20 7220 0500
JOINT BROKER Liberum
Scott Mathieson / Kane Collings
T: +44(0) 20 3100 2222
FINANCIAL PR/ IR Camarco
Gordon Poole / Emily Hall
T: +44(0) 20 3757 4980
ADDITIONAL INFORMATION ON GEMFIELDS
Gemfields is a world-leading responsible miner and marketer of coloured gemstones. Gemfields is
the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the
world’s single largest producing emerald mine) and the Montepuez ruby mine in Mozambique (one
of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also
holds controlling interests in various other gemstone mining and prospecting licences in Zambia,
Mozambique, Ethiopia and Madagascar.
Gemfields’ outright ownership of Fabergé - an iconic and prestigious brand of exceptional heritage
- enables Gemfields to optimise positioning, perception and consumer awareness of coloured
gemstones through Fabergé designs, advancing the wider group’s “mine and market” vision.
Gemfields has developed a proprietary grading system and a pioneering auction and trading
platform to provide a consistent supply of coloured gemstones to downstream markets, a key
component of Gemfields’ business model that has played an important role in the growth of the
global coloured gemstone sector.
GEMFIELDS
GEMFIELDS.COM | INVESTORS |FOUNDATION
INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
FABERGÉ
FABERGÉ.COM | INSTAGRAM | FACEBOOK | TWITTER | YOUTUBE
KAGEM MINING LINKEDIN
MONTEPUEZ RUBY MINING LINKEDIN
Date: 27-06-2023 04:00:00
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