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Mon 16 Oct 2023, 8:00 GEMFIELDS GROUP LIMITED - Transaction in Own Shares and Total Voting Rights
Transaction in Own Shares and Total Voting Rights

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")


Transaction in Own Shares and Total Voting Rights

LONDON, 16 OCTOBER 2023

Gemfields announces that on Friday 13 October 2023, the Company purchased 1,286,750 of its
own ordinary shares of USD0.00001 each in the Company ("Ordinary Shares") all at a price of
ZAR3.15. These Ordinary Shares will be held as treasury shares before being periodically cancelled.
Any cancellations will be announced separately.

A list of all trades completed can be found at the bottom of this announcement.

Following this purchase, the total number of Ordinary Shares held in treasury by the Company is
14,803,511. The total number of Ordinary Shares in issue is 1,221,918,104, including treasury
shares.

Therefore, the number of Ordinary Shares that carry the right to one vote is 1,207,114,593. This
is the total voting rights figure which may be used by shareholders as the denominator for the
calculations by which they can determine whether they are required to notify their interests in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

                                                 
                                                   Number of               Transaction
 Transaction date and time                            shares               price (ZAR)   Trading venue
                                                 repurchased                           
                                                
 13 October 2023, 09:13 SA time                          790                      3.15             JSE
 13 October 2023, 09:13 SA time                        4,210                      3.15             JSE
 13 October 2023, 09:13 SA time                          790                      3.15             JSE
 13 October 2023, 09:45 SA time                        4,696                      3.15             JSE
 13 October 2023, 09:45 SA time                        4,466                      3.15             JSE
 13 October 2023, 09:45 SA time                        4,127                      3.15             JSE
 13 October 2023, 09:46 SA time                        4,084                      3.15             JSE
 13 October 2023, 09:46 SA time                        4,874                      3.15             JSE
 13 October 2023, 09:46 SA time                        4,171                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,386                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,217                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,004                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,886                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,727                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,897                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,049                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,863                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,713                      3.15             JSE
 13 October 2023, 09:47 SA time                        4,871                      3.15             JSE
 13 October 2023, 09:47 SA time                        2,485                      3.15             JSE
 13 October 2023, 09:55 SA time                        1,737                      3.15             JSE
 13 October 2023, 09:55 SA time                      167,957                      3.15             JSE
 13 October 2023, 10:04 SA time                       38,033                      3.15             JSE
 13 October 2023, 10:04 SA time                        1,971                      3.15             JSE
 13 October 2023, 10:04 SA time                        5,000                      3.15             JSE
 13 October 2023, 10:04 SA time                      204,996                      3.15             JSE
 13 October 2023, 10:04 SA time                       38,033                      3.15             JSE
 13 October 2023, 10:04 SA time                        5,000                      3.15             JSE
 13 October 2023, 10:04 SA time                       39,244                      3.15             JSE
 13 October 2023, 14:20 SA time                       24,702                      3.15             JSE
 13 October 2023, 14:20 SA time                        5,000                      3.15             JSE
 13 October 2023, 14:20 SA time                       20,298                      3.15             JSE
 13 October 2023, 14:21 SA time                        5,000                      3.15             JSE
 13 October 2023, 14:21 SA time                       20,000                      3.15             JSE
 13 October 2023, 14:21 SA time                       10,000                      3.15             JSE
 13 October 2023, 14:21 SA time                       89,702                      3.15             JSE
 13 October 2023, 14:28 SA time                          298                      3.15             JSE
 13 October 2023, 14:28 SA time                       10,000                      3.15             JSE
 13 October 2023, 14:28 SA time                       15,000                      3.15             JSE
 13 October 2023, 14:56 SA time                       15,188                      3.15             JSE
 13 October 2023, 14:56 SA time                        6,926                      3.15             JSE
 13 October 2023, 14:56 SA time                       22,845                      3.15             JSE
 13 October 2023, 14:56 SA time                       25,000                      3.15             JSE
 13 October 2023, 14:56 SA time                      434,514                      3.15             JSE


                                             -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


                                           ENQUIRIES


 GEMFIELDS                         Sean Gilbertson / David Lovett / Ian Hughes
                                   ir@gemfields.com
                                   T: +44(0) 20 7518 3400

 SPONSOR (JSE)                     Investec Bank Limited


 NOMINATED ADVISER                 Cavendish Capital Markets Limited
 (AIM) & JOINT BROKER              Neil McDonald / Edward Whiley / Tim Redfern
                                   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 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: 16-10-2023 08:00:00
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