26 May 2020 12:55
26 May 2020
GEM DIAMONDS LIMITED
("Gem Diamonds" or the "Company")
Notification of transactions by a PDMR
The Company announces that Mike Brown, a Non-Executive Director of the Company, purchased ordinary shares (with a nominal value of US$0.01 per share):-
Name of Director/PDMR | Number of ordinary shares held prior to purchase | Number of ordinary shares purchased | % of total ordinary shares in issue after purchase |
Mike Brown | 0 | 67,124 | 0.048% |
|
|
|
|
The following disclosure is made in accordance with Article 19(3) of the EU Market Abuse Regulation.
1. | Details of PDMR / person closely associated (PCA) | |||||||
a) | Name | Mike Brown | ||||||
2. | Reason for the notification | |||||||
a) | Position / status | Non-Executive Director | ||||||
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 | On-market purchase | ||||||
c) | Currency | GBP - British Pound | ||||||
d) | Price(s) and volume(s) |
| ||||||
e) | Aggregated information
Aggregated volume
Price |
67,124
£0.3125
| ||||||
f) | Date of the transaction | 2020-05-22 | ||||||
g) | Place of the transaction | London Stock Exchange | ||||||
For further information:
Gem Diamonds LimitedSusan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
ir@gemdiamonds.com
Celicourt Communications
Mark Antelme/Ollie Mills
Tel: +44 (0) 208 434 2643
About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of 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, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com
Gem Diamonds Di (GEMD)