Share Buyback
Updated : 07:00
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
SHARE BUYBACK
Transaction in Own Shares
Gem Diamonds Limited announces that on 10 May 2022 it purchased 55,305 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 60.53 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 805,393 ordinary shares as treasury shares. On 10 May 2022 the Company issued 12,461 ordinary shares under its block listing following the exercise of options under its employee share option plan. The total number of ordinary shares in issue (excluding shares held as treasury shares) is therefore 139,916,206.
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: | 10-May-22 |
Number of ordinary shares purchased: | 55,305 |
Volume weighted average price paid per share: | 60.53 |
Transaction details:
Transaction Date | Transaction Time | Volume | Price (p) | Platform code |
10/05/2022 | 16:18:00.643 | 2 000 | 59.8 | XLON |
10/05/2022 | 14:48:58.597 | 4 691 | 60.2 | XLON |
10/05/2022 | 14:48:58.523 | 4 373 | 60.6 | XLON |
10/05/2022 | 14:48:58.519 | 9 256 | 60.4 | XLON |
10/05/2022 | 14:48:58.519 | 12 000 | 60.6 | XLON |
10/05/2022 | 12:47:27.813 | 4 029 | 60.6 | XLON |
10/05/2022 | 12:47:27.813 | 4 088 | 60.6 | XLON |
10/05/2022 | 12:47:07.939 | 10 000 | 60.8 | XLON |
10/05/2022 | 10:23:59.603 | 2 004 | 60.6 | XLON |
10/05/2022 | 10:21:08.569 | 2 054 | 60.6 | XLON |
10/05/2022 | 08:00:06.035 | 810 | 59.8 | XLON |
The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.
For further information:
Gem Diamonds Limited
Susan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
Celicourt Communications
Mark Antelme/Felicity Winkles
Tel: +44 (0) 208 434 2643
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