GEMFIELDS GROUP LIMITED – Non-Executive Director Appointment

2019/01/11 07:05:00
SENS announcement for JSE listed company: GML
                        

GML 201901110003A
Non-Executive Director Appointment

GEMFIELDS GROUP LIMITED
(formerly Pallinghurst Resources Limited)
(Incorporated in Guernsey)
(Guernsey registration Number: 47656)
(South African external company registration number 2009/012636/10)
Share code on the BSX: GML.BH ISIN: GG00BG0KTL52
Share code on the JSE: GML
(‘Gemfields’ or the ‘Company’)

Non-Executive Director Appointment

Gemfields advises that Mr Carel Malan has been appointed as a Non-Executive Director of the Company with effect
from 9 January 2019. Mr Malan will also serve as a member of the Company’s Audit Committee.

Mr Malan is a South African chartered accountant and is the Chief Financial Officer of the Tshipi manganese mine
owned by Tshipi e Ntle Manganese Mining (Pty) Ltd (in which the Company has an indirect interest of approximately
3.7%).

Mr Brian Gilbertson, Chairman of the Board, commented:

‘Having worked with Carel at Tshipi since 2012, Gemfields welcomes his rigour and sharp eye, and we look forward
to working with him as he brings his blend of financial and mining experience to bear. ‘

Additional information on Gemfields

Gemfields is a world leading supplier of responsibly sourced 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
licenses 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, 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
and has played an important role in the growth of the global coloured gemstone sector.

Further information on Gemfields Group Limited can be found at www.gemfieldsgroup.com.

For any press enquiries please contact us on investor.relations@gemfields.com.

Guernsey
10 January 2019

Sponsor
Investec Bank Limited

Date: 11/01/2019 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
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