Share Buyback

RNS Number : 1947K

Gem Diamonds Limited

04 May 2022

 

4 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 3 May 2022 it purchased 54,649 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 59.96 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 516,315 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 140,192,823.

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:	03-May-22
Number of ordinary shares purchased:	54,649
Volume weighted average price paid per share:	59.96

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
03/05/2022	13:04:09.036	7 804	59.6	XLON
03/05/2022	12:56:25.380	6 594	59.6	XLON
03/05/2022	12:56:23.308	6 235	59.8	XLON
03/05/2022	12:56:23.308	4 646	59.6	XLON
03/05/2022	09:25:56.271	4 367	60.8	XLON
03/05/2022	12:56:23.308	4 310	59.6	XLON
03/05/2022	13:04:09.036	4 046	59.6	XLON
03/05/2022	11:56:56.420	4 000	60.0	XLON
03/05/2022	09:25:56.268	3 788	60.8	XLON
03/05/2022	12:25:56.497	3 765	59.8	XLON
03/05/2022	09:25:56.268	3 600	60.8	XLON
03/05/2022	09:25:56.271	1 494	60.8	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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