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Pin to quick picksGem Diamonds Di Regulatory News (GEMD)

Share Price Information for Gem Diamonds Di (GEMD)

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Notifications of transactions by PDMRs

21 Apr 2023 09:14

RNS Number : 0518X
Gem Diamonds Limited
21 April 2023
 

21 April 2023

GEM DIAMONDS LIMITED 

("Gem Diamonds" or the "Company") 

Notifications of transactions by PDMRs

Options over ordinary shares with a nominal value exercise price of US$0.01 per share have been granted on 21 April 2023 to Directors/PDMRs of the Company under the Company's Employee Share Option Plan 2017, as detailed below.

Name of Director / PDMR

Number of Performance Shares awarded

Clifford Elphick 

363,544

Michael Michael

250,863

 

Options have been granted in accordance with the Company's approved 2021 remuneration policy, which introduced the Gem Diamonds Incentive Plan ("GDIP"), integrating annual bonus awards under the Short-term incentive bonus plan with awards under the Employee Share Option Plan 2017.

The following disclosure is made in accordance with Article 19(3) of the UK Market Abuse Regulation.

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Clifford Elphick

2.

Reason for the notification

a)

Position / status

Chief Executive Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

Gem Diamonds Limited

b)

LEI

213800RC2PGGMZQG8L67

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification Code

Gem Diamonds Limited Ordinary Shares of USD 0.01 each ("Shares")

 

 VGG379591065

b)

Nature of the transaction

Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan 2017, for nil-consideration.

c)

Currency

GBP - British Pound

 

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

363,544

e)

Aggregated information

 

Aggregated volume

 

Price

 

 

363,544

 

Nil

f)

Date of the transaction

2023-04-21

g)

Place of the transaction

Outside a trading venue

 

1.

Details of PDMR / person closely associated (PCA)

a)

Name

Michael Michael

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Full name of the entity

Gem Diamonds Limited

b)

LEI

213800RC2PGGMZQG8L67

4.

Details of the transaction(s)

a)

Description of the financial instrument

 

Identification Code

Gem Diamonds Limited Ordinary Shares of USD 0.01 each

 

 

VGG379591065

b)

Nature of the transaction

Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan 2017, for nil consideration.

c)

Currency

GBP - British Pound

d)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

250,863

e)

Aggregated information

Aggregated volume

 

Price

 

 250,863

 

Nil

f)

Date of the transaction

2023-04-21

g)

Place of the transaction

Outside a trading venue

 

For further information:

Gem Diamonds

Susan Wallace, Company Secretarial department

ir@gemdiamonds.com

 

 

Celicourt Communications

Mark Antelme / Felicity Winkles

Tel: +44 (0) 208 434 2643

 

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer of large high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho and is currently in the process of selling its 100% share of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com

 

 

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END
 
 
DSHEAPLFAFEDEEA
Date   Source Headline
21st Dec 20186:23 pmRNSAppointment of external directorship
20th Dec 20189:00 amRNSHolding(s) in Company
19th Dec 20187:00 amRNSRecovery of high quality 101 and 71 carat diamonds
3rd Dec 20187:00 amRNSTotal Voting Rights
16th Nov 20188:41 amRNSHolding(s) in Company
8th Nov 20189:19 amRNSHolding(s) in Company
31st Oct 20187:00 amRNSQ3 2018 Trading Update
22nd Oct 20187:00 amRNSBLOCK LISTING SIX MONTHLY RETURN
17th Oct 20187:00 amRNSNotification of Q3 2018 Trading Update
1st Oct 20187:00 amRNSTotal Voting Rights
5th Sep 20187:00 amRNSHalf Year 2018 Results
15th Aug 20187:00 amRNSRecovery of 138 carat diamond
9th Aug 20187:00 amRNSNotification of Half Year 2018 Results
3rd Aug 20187:00 amRNSH1 2018 Trading Update
27th Jul 201812:00 pmRNSNotification of H1 2018 Trading Update
27th Jul 20187:00 amRNSRecovery of 100.5 carat diamond
5th Jul 201811:05 amRNSHolding(s) in Company
28th Jun 20187:00 amRNSManagement and Board Update
19th Jun 20189:15 amRNSReport on Payments to Governments
5th Jun 20181:57 pmRNSResult of AGM
4th Jun 20189:06 amRNSHolding(s) in Company
1st Jun 20187:00 amRNSTotal Voting Rights
24th May 20184:51 pmRNSNotifications of transactions by PDMRs
22nd May 20187:00 amRNSRecovery of 115 carat diamond
4th May 20187:00 amRNS2017 Annual Report and Notice of 2018 AGM
2nd May 20187:00 amRNSAppointment of Deputy CEO
1st May 20187:00 amRNSTotal Voting Rights
26th Apr 20187:00 amRNSQ1 2018 Trading Update
20th Apr 20187:00 amRNSBLOCK LISTING SIX MONTHLY RETURN
19th Apr 20189:00 amRNSRenewal of Letseng mining lease update
18th Apr 20187:00 amRNSNotification of Q1 2018 Trading Update
12th Apr 201810:38 amRNSHolding(s) in Company
15th Mar 20187:00 amRNSBlock listing application
14th Mar 20188:33 amRNSHolding(s) in Company
14th Mar 20187:00 amRNSFull Year 2017 Results
14th Mar 20187:00 amRNSRecovery of 169 carat diamond
13th Mar 20187:00 amRNSSale of The Lesotho Legend
7th Mar 20187:00 amRNSRecovery of 152 carat diamond
1st Mar 20187:00 amRNSTotal Voting Rights
13th Feb 20184:20 pmRNSHolding(s) in Company
13th Feb 20188:13 amRNSHolding(s) in Company
2nd Feb 20187:00 amRNSQ4 2017 Trading Update
22nd Jan 20187:00 amRNSRecovery of high quality 149 carat diamond
19th Jan 201811:33 amRNSHolding(s) in Company
15th Jan 20187:00 amRNSRecovery of exceptional quality 910 carat diamond
10th Jan 20187:00 amRNSNotification of Q4 2017 Trading Update
8th Jan 20187:00 amRNSRecovery of high quality 117 & 110 carat diamonds
12th Dec 20177:00 amRNSUpdate on Ghaghoo sale process
7th Dec 20177:00 amRNSBoard Changes
23rd Nov 20177:00 amRNSRecovery of high quality 202 carat diamond

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