Gemfields PLC: Offer Lapsed | Company Announcements

Tuesday 15 September, 2009

Gemfields PLC

Offer Lapsed


                                 Gemfields Plc                                 

                        ("Gemfields" or the "Company")                         

    Rox Conduit Limited ("RoxC") WITHDRAWAL OF PROPOSED OFFER FOR SHARES IN    
                                 GEMFIELDS PLC                                 

                               15 September 2009                               

Gemfields (AIM: GEM) notes the announcement made earlier today by RoxC in
respect to its withdrawal from the possible offer for the issued share capital
of the Company. Accordingly, the Company is no longer in an offer period for
the purposes of the Takeover Code.

Enquiries:

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

Gemfields Plc

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

Canaccord Adams Ltd

Nominated Adviser and Joint Broker to Gemfields

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