Category

Business Update

Possible Government Ban on Emerald Auctions Outside Zambia

Pursuant to applicable LSE-AIM regulations, Gemfields plc (AIM : GEM) hereby notifies its shareholders of a possible ban by the Zambian government on the Company’s ability to sell its gemstones outside of the country. Such measures are potentially detrimental to the Zambian gemstone sector and would prevent the Company from being able to freely sell its gemstones in the markets where it believes it would realise the best prices.

Grant of Share Options

Gemfields (AIM: GEM) announces that it today awarded a total of 10,085,000 options over ordinary shares of 1 pence each in the Company (the “Options”) to certain Directors and employees. These Options were granted under the Stock Option Scheme 2010 approved by the AGM on 21 December 2010.