Gemfields Resources PLC: Holding(s) in Company | Company Announcements

Friday 05 June, 2009

Gemfields Resources PLC

Holding(s) in Company


Gemfields Plc

Holdings in Company

5 June 2009

Gemfields Plc ("Gemfields" or "the Company", Ticker "GEM") received
notification on 3 June 2009 from QVT Financial LP ("QVT") that, as of 1 June,
QVT through shareholdings of QVT Fund LP, Quintessence Fund L.P. and Deutsche
Bank AG London has an interest through contracts for difference in a total of
10,650,000 shares. Following this transaction, QVT has an interest through both
direct ownership and contracts for difference in a total of 13,983,333 shares
representing 4.31% of the ordinary shares of 1p in the Company.

Enquiries:

Richard James, CFO Tel: +44 (0)20 7518 3402

Gemfields Plc

Mike Jones/Tarica Mpinga Tel: +44 (0)20 7050 6500

Canaccord Adams Ltd

Nominated Adviser and Joint Broker to Gemfields

Investegate takes no responsibility for the accuracy of the information within the site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.