Gem Diamonds Limited Share Buyback (7853J)

TIDMGEMD

RNS Number : 7853J

Gem Diamonds Limited

29 April 2022

29 April 2022

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 28 April 2022 it purchased 17,563 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 61.38 pence per share, as part of the Company's buyback programme announced on 12 April 2022. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 364,320 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 140,344,818.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Liberum Capital Limited is set out below.

 
 Aggregated information: 
 
 Platform code                                      XLON 
                                                 ---------- 
 Date of purchase:                                28-Apr-22 
                                                 ---------- 
 Number of ordinary shares purchased:              17,563 
                                                 ---------- 
 Volume weighted average price paid per share:      61.38 
                                                 ---------- 
 

Transaction details:

 
 Transaction Date    Transaction Time   Volume   Price (p)   Platform code 
 28/04/2022          12:54:18.085          539        61.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          08:21:19.435          964        62.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          08:21:49.890        3 057        62.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          09:01:02.133        3 818        61.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          10:47:28.062          973        61.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          12:54:18.084        3 089        61.2       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:48.079           14        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:48.086            8        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:48.088           16        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:48.094           20        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:54.012          255        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:54.017           27        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:54.019          116        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:54.023           35        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          16:29:54.025          171        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          10:28:12.991        3 350        61.0       XLON 
                    -----------------  -------  ----------  -------------- 
 28/04/2022          12:54:18.084        1 111        61.2       XLON 
                    -----------------  -------  ----------  -------------- 
 

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:

Gem Diamonds Limited

Susan Wallace, Company Secretarial department

Tel: [phone]

[e-mail]

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: [phone]

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April 29, 2022 02:01 ET (06:01 GMT)