Gem Diamonds Limited Share Buyback (8552L)

TIDMGEMD

RNS Number : 8552L

Gem Diamonds Limited

18 May 2022

18 May 2022

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 17 May 2022 it purchased 8,455 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 62.48 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 1,050,688 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,670,911.

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:                                17-May-22 
                                                 ---------- 
 Number of ordinary shares purchased:               8,455 
                                                 ---------- 
 Volume weighted average price paid per share:      62.48 
                                                 ---------- 
 
 

Transaction details:

 
 Transaction    Transaction             Price 
  Date           Time          Volume    (p)    Platform code 
 17/05/2022     14:33:05.202      190    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     13:46:53.844    2 774    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     13:32:31.142    4 244    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     12:15:45.072      667    62.0       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     11:36:49.083      580    61.6       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 18, 2022 02:03 ET (06:03 GMT)