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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.50 | 5.88% | 9.00 | 8.12 | 8.62 | 9.00 | 9.00 | 9.00 | 16,734 | 10:32:30 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Misc Nonmtl Minrls, Ex Fuels | 140.29M | -2.13M | -0.0154 | -5.84 | 12.42M |
TIDMGEMD
RNS Number : 2201K
Gem Diamonds Limited
05 July 2017
5 July 2017
GEM DIAMONDS LIMITED
("Gem Diamonds" or the "Company")
Notifications of transactions by PDMRs
Awards of Performance Shares (in the form of options over ordinary shares with a nominal value exercise price of US$0.01 per share) were made on 4 July 2017 to Directors/PDMRs of the Company under the Company's Employee Share Option Plan ("ESOP"), as detailed below.
Name of Director / PDMR Number of Performance Shares awarded ------------------------- ----------------------------- Clifford Elphick 230,000 ------------------------- ----------------------------- Michael Michael 170,000 ------------------------- ----------------------------- Glenn Turner 170,000 ------------------------- -----------------------------
The following disclosure is made in accordance with Article 19(3) of the EU Market Abuse Regulation.
1. Details of PDMR / person closely associated (PCA) --- -------------------------------------------------------------------------- a) Name Clifford Elphick --- -------------------------- ---------------------------------------------- 2. Reason for the notification --- -------------------------------------------------------------------------- a) Position / status Chief Executive Officer --- -------------------------- ---------------------------------------------- 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 ("Shares") Identification Code VGG379591065 --- -------------------------- ---------------------------------------------- b) Nature of the transaction Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan, for nil-consideration. --- -------------------------- ---------------------------------------------- c) Currency GBP - British Pound --- -------------------------- ---------------------------------------------- d) Price(s) and volume(s) Price(s) Volume(s) ---------- ---------- Nil 230,000 ---------- ---------- --- -------------------------- ---------------------------------------------- e) Aggregated information 230,000 Aggregated volume Nil Price --- -------------------------- ---------------------------------------------- f) Date of the transaction 4 July 2017 --- -------------------------- ---------------------------------------------- g) Place of the transaction Outside a trading venue --- -------------------------- ---------------------------------------------- 1. Details of PDMR / person closely associated (PCA) --- -------------------------------------------------------------------------- a) Name Michael Michael --- -------------------------- ---------------------------------------------- 2. Reason for the notification --- -------------------------------------------------------------------------- a) Position / status Chief Financial Officer --- -------------------------- ---------------------------------------------- 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 Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan, for nil consideration. --- -------------------------- ---------------------------------------------- c) Currency GBP - British Pound --- -------------------------- ---------------------------------------------- d) Price(s) and volume(s) Price(s) Volume(s) ---------- ---------- Nil 170,000 ---------- ---------- --- -------------------------- ---------------------------------------------- e) Aggregated information 170,000 Aggregated volume Nil Price --- -------------------------- ---------------------------------------------- f) Date of the transaction 4 July 2017 --- -------------------------- ---------------------------------------------- g) Place of the transaction Outside a trading venue --- -------------------------- ---------------------------------------------- 1. Details of PDMR / person closely associated (PCA) --- -------------------------------------------------------------------------- a) Name Glenn Turner --- -------------------------- ---------------------------------------------- 2. Reason for the notification --- -------------------------------------------------------------------------- a) Position / status Chief Legal and Commercial Officer and Company Secretary --- -------------------------- ---------------------------------------------- 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 ("Shares") Identification Code VGG379591065 --- -------------------------- ---------------------------------------------- b) Nature of the transaction Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan, for nil consideration. --- -------------------------- ---------------------------------------------- c) Currency GBP - British Pound --- -------------------------- ---------------------------------------------- d) Price(s) and volume(s) Price(s) Volume(s) ---------- ---------- Nil 170,000 ---------- ---------- --- -------------------------- ---------------------------------------------- e) Aggregated information 170,000 Aggregated volume Nil Price --- -------------------------- ---------------------------------------------- f) Date of the transaction 4 July 2017 --- -------------------------- ---------------------------------------------- g) Place of the transaction Outside a trading venue --- -------------------------- ----------------------------------------------
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
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
END
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July 05, 2017 08:42 ET (12:42 GMT)
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