Share Buyback
Updated : 07:00
19 May 2022
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
SHARE BUYBACK
Transaction in Own Shares
Gem Diamonds Limited announces that on 18 May 2022 it purchased 41,582 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 61.87 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 1,092,270 ordinary shares as treasury shares. On 18 May 2022 the Company issued 8,784 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 139,638,113.
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: | 18-May-22 |
Number of ordinary shares purchased: | 41,582 |
Volume weighted average price paid per share: | 61.87 |
Transaction details:
Transaction Date | Transaction Time | Volume | Price (p) | Platform code |
18/05/2022 | 15:51:55.883 | 14 | 61.6 | XLON |
18/05/2022 | 14:07:35.070 | 482 | 61.4 | XLON |
18/05/2022 | 14:02:47.311 | 3 538 | 62.0 | XLON |
18/05/2022 | 13:56:39.386 | 1 770 | 62.0 | XLON |
18/05/2022 | 13:43:08.694 | 8 481 | 61.4 | XLON |
18/05/2022 | 13:43:08.694 | 4 946 | 61.6 | XLON |
18/05/2022 | 11:37:09.235 | 3 307 | 61.8 | XLON |
18/05/2022 | 11:37:09.235 | 1 500 | 61.6 | XLON |
18/05/2022 | 11:36:09.232 | 8 676 | 61.8 | XLON |
18/05/2022 | 11:36:09.232 | 877 | 61.8 | XLON |
18/05/2022 | 10:21:47.082 | 447 | 61.8 | XLON |
18/05/2022 | 09:59:50.034 | 3 720 | 62.8 | XLON |
18/05/2022 | 09:59:50.034 | 1 500 | 62.8 | XLON |
18/05/2022 | 09:59:09.192 | 594 | 62.4 | XLON |
18/05/2022 | 09:59:08.943 | 1 730 | 62.4 | 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
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.