Gem Diamonds Limited Share Buyback (0007N)

TIDMGEMD

RNS Number : 0007N

Gem Diamonds Limited

27 May 2022

27 May 2022

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 26 May 2022 it purchased 14,182 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 58.46 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 1,291,463 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,456,514.

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:                                26-May-22 
                                                 ---------- 
 Number of ordinary shares purchased:              14,182 
                                                 ---------- 
 Volume weighted average price paid per share:      58.46 
                                                 ---------- 
 
 

Transaction details:

 
 Transaction    Transaction             Price 
  Date           Time          Volume    (p)    Platform code 
 26/05/2022     16:21:53.209    5 751    58.4       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     16:21:53.204    4 212    58.6       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     16:28:16.060    1 970    58.4       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     16:28:16.060    1 503    58.4       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     15:25:35.179      385    58.4       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     16:21:58.089      345    58.4       XLON 
               -------------  -------  ------  -------------- 
 26/05/2022     15:25:43.786       16    58.4       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 27, 2022 02:00 ET (06:00 GMT)