 After the transaction, Gilbertson, Pallinghurst and its co-investors held some 74% of Gemfields.Accounts filed with Companies House in the UK on 25 October 2015 show that Fabergé (UK) Limited, the principal trading entity, lost £0.525 million for the year ending 30 June 2015.The accounts reveal that a significant spend in research and development was made during the year in respect of the new timepiece collections.