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GEMD Gem Diamonds Limited

7.99
-0.11 (-1.36%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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

Gem Diamonds Limited Total Voting Rights (5502Q)

30/11/2016 10:30am

UK Regulatory


Gem Diamonds (LSE:GEMD)
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TIDMGEMD

RNS Number : 5502Q

Gem Diamonds Limited

30 November 2016

30 November 2016

GEM DIAMONDS LIMITED

("Gem Diamonds" or the "Company")

Total Voting Rights

As at 30 November 2016 the Company's issued share capital consisted of 138,361,439 Ordinary Shares of US$ 0.01 each. The Company holds no Ordinary Shares in Treasury.

The total number of voting rights in the Company is therefore 138,361,439. This figure 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.

For further information:

Gem Diamonds Limited

Juliet Cox (née Kirk), Assistant to the Company Secretary

Tel: +44 (0) 203 043 0280

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.

Gem Diamonds has a growth strategy based on the expansion of the Letšeng mine and bringing the Ghaghoo mine into production, while maintaining its strong balance sheet. The Company seeks to maximise revenue and margin from its rough diamond production by pursuing cutting, polishing and sales and marketing initiatives further along the diamond value chain. 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.

www.gemdiamonds.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 30, 2016 05:30 ET (10:30 GMT)

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