Last checked at 18 May 2022 07:00
18 May 2022
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
SHARE BUYBACK
Transaction in Own Shares
Gem Diamonds Limited announces that on 17 May 2022 it purchased 8,455 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 62.48 pence per share, as part of the Company's buyback programme announced on 12 April 2022. The purchased shares will all be held as treasury shares.
Following the above purchase, the Company holds 1,050,688 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,670,911.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Liberum Capital Limited is set out below.
Aggregated information: | |
Platform code | XLON |
Date of purchase: | 17-May-22 |
Number of ordinary shares purchased: | 8,455 |
Volume weighted average price paid per share: | 62.48 |
Transaction details:
Transaction Date | Transaction Time | Volume | Price (p) | Platform code |
17/05/2022 | 14:33:05.202 | 190 | 62.6 | XLON |
17/05/2022 | 13:46:53.844 | 2 774 | 62.6 | XLON |
17/05/2022 | 13:32:31.142 | 4 244 | 62.6 | XLON |
17/05/2022 | 12:15:45.072 | 667 | 62.0 | XLON |
17/05/2022 | 11:36:49.083 | 580 | 61.6 | XLON |
The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.
For further information:
Gem Diamonds LimitedSusan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
ir@gemdiamonds.com
Celicourt Communications
Mark Antelme/Felicity Winkles
Tel: +44 (0) 208 434 2643