Share Buyback

RNS Number : 6804M

Gem Diamonds Limited

25 May 2022

 

25 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 24 May 2022 it purchased 32,025 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 60.03 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 1,256,477 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,491,500.

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:	24-May-22
Number of ordinary shares purchased:	32,025
Volume weighted average price paid per share:	60.03

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
24/05/2022	16:28:11.060	1 964	59.8	XLON
24/05/2022	16:24:39.118	5 282	60.0	XLON
24/05/2022	16:12:36.545	266	60.0	XLON
24/05/2022	16:01:58.030	1 134	59.8	XLON
24/05/2022	16:01:58.030	159	59.8	XLON
24/05/2022	16:01:26.294	1 999	59.8	XLON
24/05/2022	15:49:43.481	407	59.8	XLON
24/05/2022	15:45:20.216	162	59.8	XLON
24/05/2022	15:43:48.455	58	59.8	XLON
24/05/2022	15:38:36.527	540	59.8	XLON
24/05/2022	15:25:53.945	423	59.8	XLON
24/05/2022	15:21:24.625	3 366	60.4	XLON
24/05/2022	15:21:19.114	1 683	60.4	XLON
24/05/2022	13:35:29.089	413	59.8	XLON
24/05/2022	12:31:37.543	662	59.8	XLON
24/05/2022	11:39:51.461	5 507	60.4	XLON
24/05/2022	11:39:51.454	8 000	59.8	XLON

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:

Gem Diamonds Limited
Susan Wallace, Company Secretarial department

Tel: [phone]

[e-mail]

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: [phone]

 

END

 

 

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