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Thu, 16th Apr 2015 14:02
LONDON (Alliance News) - Gemfields PLC Thursday said Chief Operating Officer Devidas Shetty sold 100,000 shares at a price of 59.75 pence per share Wednesday.
Following the sale Shetty has no interest in the company. He continues to participate in the company's share option scheme.
Shares in the gemstone supplier were up 5.4% at 68.0p Thursday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
Copyright 2015 Alliance News Limited. All Rights Reserved.
(Adds details) April 14 (Reuters) - Gemfields Plc's emerald and beryl production nearly tripled in the third quarter, driven by increased average grades at its 75-percent-owned Kagem mine in Zambia. The miner said it produced 9.9 million carats of emerald and beryl in the quarter ende
Read moreApril 14 (Reuters) - Gemfields Plc's quarterly emerald and beryl production nearly tripled, driven by increased average grade of minerals mined at the Kagem mine in Zambia. Gemfields said it produced 9.9 million carats of emerald and beryl in the quarter ended March 31, compared with 3.6 mi
Read more* Trading could contribute "sizeable chunk" of revenue - CEO * CEO expects to obtain trading approval in Zambia * First-half core earnings more than triple (Adds details, CEO comment, share price) By Mamidipudi Soumithri March 9 (Reuters) - Trading in precious stones co
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Precious stones miner Gemfields saw second-half revenues jump, while operating profits more than tripled. Revenues were standing 57% higher at $103.4m by 31 December 2014. Earnings before interest, taxes, depreciation and amortisation (EBITDA) improved by approximately 243% to reach $61.7m. Produc
Read moreMarch 9 (Reuters) - Precious stones miner Gemfields Plc said its core earnings more than tripled in the first half of the fiscal year as it produced more gemstones and auction sales rose. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to $61.7 million from
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