Gem Diamonds Limited Holding(s) in Company (1650Q)

TIDMGEMD

RNS Number : 1650Q

Gem Diamonds Limited

04 June 2018

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                    GEM DIAMONDS LTD 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------  ------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
--------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                      ü 
-------------------------------------------------------  ------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------  ------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------  ------------------------ 
 An event changing the breakdown of voting rights 
-------------------------------------------------------  ------------------------ 
 Other (please 
  specify): 
-----------------------------------------------------    ------------------------ 
 3. Full name of person(s)                                SUSTAINABLE CAPITAL LTD 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------- 
 5. Date of the transaction                                          01 JUNE 2018 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------- 
 6. Date on which issuer                                             04 JUNE 2018 
  notified: 
------------------------------------------------------  ------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                           8% 
------------------------------------------------------  ------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type       Situation previous                Resulting situation after the 
  of               to the triggering                 triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  --------------------------------------------------------------------- 
                  Number           Number           Number            Number of                 % of voting 
                   of               of               of shares         voting                    rights (x) 
                   Shares           Voting                             rights 
                                    Rights 
-------------    ---------------  ---------------  ----------------  ------------------------  ------------------------- 
                                                    Direct            Direct       Indirect     Direct        Indirect 
                                                                       (xi)         (xii) 
-------------      -----------      -----------    ----------------  -----------  -----------  ------------  ----------- 
 VGG379591065     9713366          9713366          11962531          11962531                  8.63% 
                 ---------------  ---------------  ----------------  -----------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration       Exercise/                      Number of voting                % of voting 
 financial           date             Conversion                     rights that                     rights 
 instrument          (xiii)           Period (xiv)                   may be 
                                                                     acquired if 
                                                                     the 
                                                                     instrument 
                                                                     is 
                                                                     exercised/ 
                                                                     converted. 
-----------------  ---------------  -----------------------------  ------------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of        Exercise         Expiration       Exercise/       Number of voting                % of voting 
 financial      price            date             Conversion       rights instrument               rights (xix, 
 instrument                      (xvii)           period           refers to                       xx) 
                                                  (xviii) 
-------------  ---------------  ---------------  --------------  ------------------------------  ----------------------- 
                                                                                                  Nominal       Delta 
-------------  ---------------  ---------------  --------------  ------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  ------------------------------------------------------- 
 11962531                                                         8.63% 
---------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------- 
 
                         HSBC FUND SERVICES CLIENTS A/C 006 
                                    HSBC BANK PLC 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  ------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  ------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ------------------- 
 14. Contact name:                                              MAHARISHI RAMKORUN 
-------------------------------------------------------------  ------------------- 
 15. Contact telephone number:                                        [phone] 
-------------------------------------------------------------  ------------------- 
 
 

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June 04, 2018 04:06 ET (08:06 GMT)