Gem Diamonds Limited TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (2790I)

TIDMGEMD

RNS Number : 2790I

Gem Diamonds Limited

24 March 2015

 
 For filings with the FCA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                             Gem Diamonds Limited 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
------------------------------------------------------------------------------  -------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
---------------------------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                         X 
----------------------------------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
----------------------------------------------------------------------------------  ---------------------------------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
----------------------------------------------------------------------------------  ---------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------------------------  ---------------------------------- 
 Other (please 
  specify): 
------------------------------------------------------------------------  --------  ---------------------------------- 
 3. Full name of person(s) subject                                               The Capital Group Companies, Inc. 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                                                           See Schedule A 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                                                       20 March 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                                                         23 March 2015 
--------------------------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                                                         Below 3% 
  or 
  reached: (vi, vii) 
--------------------------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type             Situation previous                Resulting situation after the triggering 
  of                     to the triggering                 transaction 
  shares                 transaction 
 
  if possible 
  using 
  the ISIN CODE 
---------------------  --------------------------------  ---------------------------------------------------------------- 
                        Number           Number           Number         Number of voting       % of voting rights 
                         of               of               of shares      rights                 (x) 
                         Shares           Voting 
                                          Rights 
---------------------  ---------------  ---------------  -------------  ---------------------  -------------------------- 
                                                          Direct         Direct     Indirect    Direct        Indirect 
                                                                         (xi)        (xii) 
---------------------      -----------    -----------    -------------  ---------  ----------  ------------  ------------ 
   Ordinary Shares 
 (ISIN: VGG379591065)     4,848,594        4,848,594                                3,681,597                   2.6626% 
---------------------  ---------------  ---------------  -------------  ---------  ----------  ------------  ------------ 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Expiration     Exercise/                       Number of voting         % of voting 
  instrument                 date (xiii)    Conversion Period               rights that may          rights 
                                            (xiv)                           be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
-------------------------  -------------  ------------------------------  -----------------------  ---------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Exercise       Expiration     Exercise/        Number of voting         % of voting rights 
  instrument               price         date (xvii)    Conversion        rights instrument        (xix, xx) 
                                                        period            refers to 
                                                        (xviii) 
-----------------------  -------------  -------------  ---------------  -----------------------  ------------------------ 
                                                                                                  Nominal       Delta 
-----------------------  -------------  -------------  ---------------  -----------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  -------------------------------------------------------------- 
                        3,681,597                                                      2.6626% 
---------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 
   See Schedule A 
 
 Proxy Voting: 
--------------------------------------------------------------------------------- 
 10. Name of the 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: 
---------------------------------------------------------------------------  ---- 
 15. Contact telephone number: 
---------------------------------------------------------------------------  ---- 
 
 
 
 Note: Annex should only be submitted to the FCA not the issuer 
 Annex: Notification of major interests in shares(xxii) 
 
 A: Identity of the persons or legal entity subject to the notification 
  obligation 
-------------------------------------------------------------------------------- 
 Full name                                    The Capital Group Companies, Inc. 
  (including legal form of legal entities) 
------------------------------------------  ------------------------------------ 
 Contact address                             333 South Hope Street, 55(th) Floor 
  (registered office for legal entities)        Los Angeles, California 90071 
------------------------------------------  ------------------------------------ 
 Phone number & email                                 [phone] & 
                                                     [e-mail] 
------------------------------------------  ------------------------------------ 
 Other useful information 
  (at least legal representative for 
  legal persons) 
------------------------------------------  ------------------------------------ 
 
 B: Identity of the notifier, if applicable 
-------------------------------------------------------------------------------- 
 Full name                                           Christopher Aquino 
------------------------------------------  ------------------------------------ 
 Contact address                             333 South Hope Street, 55(th) Floor 
                                                Los Angeles, California 90071 
------------------------------------------  ------------------------------------ 
 Phone number & email                                 [phone] & 
                                                     [e-mail] 
------------------------------------------  ------------------------------------ 
 Other useful information                            Fax: [phone] 
  (e.g. functional relationship with 
  the person or legal entity subject 
  to the notification obligation) 
------------------------------------------  ------------------------------------ 
 
 C: Additional information 
-------------------------------------------------------------------------------- 
 
 
 

Schedule A

As of 20 March 2015

Gem Diamonds Limited

                                                                                                                           Number of                    Percent of 
                                                                                                                           Shares                          Outstanding 

The Capital Group Companies, Inc. ("CG") holdings 3,681,597 2.663%

Holdings by CG Management Companies and Funds:

   --      Capital Research and Management Company             3,681,597                  2.663% 

This information is provided by RNS

The company news service from the London Stock Exchange

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