JSE- and Botswana-listed Gemfields on Friday also started trading on the Aim market of the LSE.
At the time of admission, the company’s total issued share capital consisted of 1.2-billion ordinary shares, of which 96-million were held by the company itself. “The Aim listing seeks to provide UK, European and international investors with more expedient entry into the precious coloured gemstone market, to improve share trading liquidity and to widen Gemfields’ current investor base,” said CEO Sean Gilbertson.