Holding(s) in Company

RNS Number : 9234H
Gem Diamonds Limited
11 November 2008
 




For filings with the FSA include the annex

For filings with issuer exclude the annex 


TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Gem Diamonds Ltd




2. Reason for notification (yes/no)


An acquisition or disposal of voting rights

Yes


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 



An event changing the breakdown of voting rights



Other (please specify):______________



3. Full name of person(s) subject to notification obligation:

BlackRock, Inc.



4. Full name of shareholder(s) (if different from 3):



5. Date of transaction (and date on which the threshold is crossed or reached if different):

7th November 2008


6. Date on which issuer notified:

10th November 2008


7. Threshold(s) that is/are crossed or reached:

Holding has gone below 12%



8: Notified Details

A: Voting rights attached to shares


Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights


Direct


Indirect


Direct


Indirect

VGG379591065

7,549,013

7,549,013

N/A

N/A

7,476,453

N/A

11.88%




B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights









Total (A+B)


Number of voting rights

Percentage of voting rights

7,476,453

11.88%




9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

BlackRock Investment Management (UK) Limited 7,476,453 (11.88%)



Proxy Voting:


10. Name of proxy holder:




11. Number of voting rights proxy holder will cease to hold:



12. Date on which proxy holder will cease to hold voting rights:




13. Additional information:



14 Contact name:


Andre Confavreux, Company Secretary, Gem Diamonds Ltd

15. Contact telephone number:


0203 043 0280




This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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