Gem Diamonds Limited Share Buyback (7024K)

TIDMGEMD

RNS Number : 7024K

Gem Diamonds Limited

09 May 2022

9 May 2022

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 6 May 2022 it purchased 48,902 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 60.08 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 695,099 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 140,014,039.

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:                               06-May-22 
Number of ordinary shares purchased:             48,902 
Volume weighted average price paid per share:     60.08 
 

Transaction details:

 
Transaction   Transaction   Volume  Price  Platform code 
 Date          Time                  (p) 
06/05/2022    08:21:31.270     492   61.2      XLON 
06/05/2022    08:21:31.270   3 222   61.2      XLON 
06/05/2022    08:55:05.036   3 512   61.0      XLON 
06/05/2022    11:37:15.913   1 507   60.6      XLON 
06/05/2022    12:31:00.084     804   60.6      XLON 
06/05/2022    12:33:25.729   1 427   60.6      XLON 
06/05/2022    12:33:25.729  10 000   60.6      XLON 
06/05/2022    12:33:25.736   2 638   60.4      XLON 
06/05/2022    08:55:03.229   4 000   60.2      XLON 
06/05/2022    12:33:25.736   1 000   60.2      XLON 
06/05/2022    14:32:37.896   2 000   59.4      XLON 
06/05/2022    14:33:58.052   1 611   59.4      XLON 
06/05/2022    14:41:53.507   3 222   59.4      XLON 
06/05/2022    15:24:36.593     848   59.4      XLON 
06/05/2022    15:41:49.445   1 562   59.4      XLON 
06/05/2022    15:46:14.780   1 114   59.4      XLON 
06/05/2022    14:43:50.631   1 943   59.2      XLON 
06/05/2022    15:24:36.587   8 000   59.2      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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END

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May 09, 2022 13:10 ET (17:10 GMT)