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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.11 | -1.36% | 7.99 | 7.66 | 8.32 | 8.34 | 7.96 | 8.00 | 318,581 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 140.29M | -2.13M | -0.0154 | -5.21 | 11.07M |
From Apr 2019 to Apr 2024
TIDMGEMD
RNS Number : 2300W
Gem Diamonds Limited
26 April 2016
26 April 2016
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Notice of 2016 Annual General Meeting
Gem Diamonds LTD (LSE:GEMD) announces the publication of its Notice of the 2016 Annual General Meeting (the "AGM Notice") and Form of Proxy for the 2016 Annual General Meeting.
Annual General Meeting
The Company's 2016 Annual General Meeting will be held at the Grosvenor Hotel, 101 Buckingham Palace Road, London SW1W 0SJ on Tuesday, 7 June 2016 at 9:30 am
A hard copy version of the AGM Notice and the Form of Proxy has been sent to shareholders by post and will be available to view on the Company's website www.gemdiamonds.com
Gem Diamonds will submit to the UK National Storage Mechanism a copy of its AGM Notice in accordance with LR 9.6.1R. The documents will shortly be available for inspection through the National Storage Mechanism at www.hemscott.com/nsm.do
For further information:
Gem Diamonds Limited
Juliet Kirk, Assistant Company Secretary
Tel: +44 (0) 203 0430 2080
Bell Pottinger
Daniel Thöle / Anna Legge
Tel: +44 (0) 203 772 2500
ABOUT GEM DIAMONDS:
Gem Diamonds is a leading global diamond producer of world class, high-value diamonds. The Letšeng mine is renowned for the production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world. Since Gem Diamonds acquired the Letšeng mine in 2006, it has produced four of the 20 largest white gem quality diamonds ever recorded.
Gem Diamonds has a growth strategy based on enhancing the operational efficiencies of Letšeng and developing the Ghaghoo mine, whilst maintaining its strong balance sheet. The Company seeks to maximise revenue and create additional margin from its rough diamond production through the Group's expanded sales, marketing and manufacturing capabilities. With favourable supply/demand dynamics expected to benefit the industry over the medium to long term, particularly at the high end of the market supplied by Gem Diamonds, this strategy positions the Company well to generate attractive returns for shareholders in the coming years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NOAZMGZDMKVGVZM
(END) Dow Jones Newswires
April 26, 2016 02:01 ET (06:01 GMT)
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