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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gem Diamonds Limited | LSE:GEMD | London | Ordinary Share | VGG379591065 | ORD USD0.01 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.225 | -1.76% | 12.55 | 12.70 | 12.95 | 12.55 | 12.55 | 12.55 | 31,732 | 10:56:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Nonmtl Minrls, Ex Fuels | 140.29M | -2.13M | -0.0154 | -8.15 | 17.32M |
TIDMGEMD
RNS Number : 1169I
Gem Diamonds Limited
15 June 2017
15 June 2017
GEM DIAMONDS LIMITED
("Gem Diamonds" or the "Company")
Notifications of transactions by a PDMR
The Company received notification on 14 June 2017 that Mr Jeffrey Leaver, a PDMR, had exercised options over 10 484 shares of US$ 0.01 each. The Nil Cost options were issued pursuant to the Gem Diamonds Long Term Incentive Plan 2007. Mr Leaver did not sell any shares pursuant to the exercise.
Mr Leaver now holds 10 484 shares (0.01%).
As a result of this exercise of options, the Company's issued share capital is 138 530 097 Ordinary Shares of US$ 0.01 each, all with voting rights.
The above figure (138 530 097) may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 19 of the EU Market Abuse Regulation, the relevant FCA notification is set out below.
1. Details of PDMR / person closely associated (PCA) ---- ---------------------------------------------------------------------- a) Name Jeffrey Leaver ---- -------------------------- ------------------------------------------ 2. Reason for the notification ---- ---------------------------------------------------------------------- a) Position / status Acting CEO - Letšeng Diamonds (PDMR) ---- -------------------------- ------------------------------------------ b) Initial notification Initial notification / amendment ---- -------------------------- ------------------------------------------ 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- ---------------------------------------------------------------------- a) Full name of the Gem Diamonds Limited entity ---- -------------------------- ------------------------------------------ b) LEI 213800RC2PGGMZQG8L67 ---- -------------------------- ------------------------------------------ 4. Details of the transaction(s) ---- ---------------------------------------------------------------------- a) Description of the Gem Diamonds Limited Ordinary Shares of financial instrument USD 0.01 each Identification Code VGG379591065 ---- -------------------------- ------------------------------------------ b) Nature of the transaction Exercise of Nil Cost share options ---- -------------------------- ------------------------------------------ c) Currency GBP - British Pound ---- -------------------------- ------------------------------------------ d) Price(s) and volume(s) Price(s) Volume(s) ----------- ---------- GBP0.9425 10 484 ----------- ---------- ---- -------------------------- ------------------------------------------ e) Aggregated information 10 484 Aggregated volume GBP9 881 Price ---- -------------------------- ------------------------------------------ f) Date of the transaction 14 June 2017 ---- -------------------------- ------------------------------------------ g) Place of the transaction London Stock Exchange - XLON ---- -------------------------- ------------------------------------------
For further information:
Gem Diamonds Limited
Susan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
ir@gemdiamonds.com
Celicourt Communications
Joanna Boon/Mark Antelme
Tel: +44 (0) 207 520 9261
ABOUT GEM DIAMONDS:
Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho and 100% of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. Since Gem Diamonds' acquisition of Letšeng in 2006, the mine has produced four of the 20 largest white gem quality diamonds ever recorded. The Ghaghoo mine in Botswana has been placed on care and maintenance until market conditions allow for recommencement of production.
www.gemdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
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June 15, 2017 02:01 ET (06:01 GMT)
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