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, 25 JUNE 2024
Shareholders are advised that the
Company's Annual General Meeting ("AGM") was held today, Tuesday 25
June 2024.
All ordinary resolutions were passed
by the requisite majority of shareholders. Both non-binding
advisory votes were also passed, with the support of over 75% of
shareholders.
The Company acknowledges that
special resolution 1 was not passed by the requisite 75% of
shareholders required.
Details of the voting results at the
AGM are as follows:
|
Total number of Ordinary Shares
(with voting rights)
|
1,166,695,130
|
|
Total number of Ordinary Shares
present/represented including proxies at the meeting (including shares abstained from voting)
|
785,134,494
|
|
Percentage of Ordinary Shares
represented at the meeting
|
67.30%
|
|
Resolution proposed
|
For
|
Against
|
Abstain 1
|
|
Ordinary resolution 1:
|
|
|
|
|
To adopt the Company's Annual Report
for the year ended 31 December 2023
|
785,106,596
100.00%
|
0
0.00%
|
27,898
0.00%
|
|
Ordinary resolution 2:
|
|
|
|
|
To re-elect Mary Reilly, who is
retiring by rotation, as a Director of the Company
|
604,127,634
76.96%
|
180,832,078
23.04%
|
174,782
0.01%
|
|
Ordinary resolution 3:
|
|
|
|
|
To re-elect Kwape Mmela, who is
retiring by rotation, as a Director of the Company
|
784,693,835
99.97%
|
266,677
0.03%
|
173,982
0.01%
|
|
Ordinary resolution 4:
|
|
To re-elect Mary Reilly (subject to
her re-election as a Director pursuant to ordinary resolution 2),
to the Company's Audit Committee
|
604,053,636
76.95%
|
180,906,876
23.05%
|
173,982
0.01%
|
|
Ordinary resolution 5:
|
|
To re-elect Lumkile Mondi to the
Company's Audit Committee
|
604,241,274
76.98%
|
180,718,438
23.02%
|
174,782
0.01%
|
|
Ordinary resolution 6:
|
|
To re-appoint Ernst & Young LLP
as the Company's auditor (until the conclusion of the 2025 annual
general meeting) and to authorise the Directors to fix their
remuneration
|
785,036,164
99.99%
|
83,548
0.01%
|
14,782
0.00%
|
|
Special resolution 1:
|
|
General authority to issue shares
for cash and waiver of pre-emption
|
513,345,866
65.39%
|
271,753,154
34.61%
|
35,474
0.00%
|
|
Non-binding advisory vote:
|
|
Endorsement of the Company's
Remuneration Policy
|
781,415,594
99.53%
|
3,662,913
0.47%
|
55,987
0.00%
|
|
Non-binding advisory vote:
|
|
Endorsement of the Company's
Remuneration Implementation Report
|
600,836,842
76.53%
|
184,241,665
23.47%
|
55,987
0.00%
|
1 Abstentions are represented as a percentage of total number of
Ordinary Shares (with voting rights).
-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
(AIM) & BROKER
|
Liberum
Scott Mathieson / John More / Anake Singh
T: +44(0) 20 3100 2222
|
|
FINANCIAL PR/ IR
|
Camarco
Gordon Poole / Emily Hall / Charlie Dingwall
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