June 27, 2017 / 5:37 PM / 2 months ago

BRIEF-Gemfields comments on Pallinghurst offer

June 27 (Reuters) - Gemfields Plc:

* ‍Continue to maintain that unsolicited pallinghurst offer significantly undervalues Gemfields​

* In light of Pallinghurst's holding and acceptances exceeding 75 pct, now of view that shareholders should seriously consider whether to accept offer​

* ‍Alternative is to hold shares in what is likely to become an unquoted Gemfields​ Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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