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GEMD Gem Diamonds Limited

7.99
-0.11 (-1.36%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gem Diamonds Limited LSE:GEMD London Ordinary Share VGG379591065 ORD USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -1.36% 7.99 7.66 8.32 8.34 7.96 8.00 318,581 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Nonmtl Minrls, Ex Fuels 140.29M -2.13M -0.0154 -5.21 11.07M

Gem Diamonds Limited Holding(s) in Company (5994H)

16/11/2018 8:41am

UK Regulatory


TIDMGEMD

RNS Number : 5994H

Gem Diamonds Limited

16 November 2018

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                          GEM DIAMONDS LTD 
  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                                      x 
-----------------------------------------------------------------------------  ------- 
 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) subject                             SUSTAINABLE CAPITAL LTD 
  to the 
  notification obligation: (iii) 
                                              ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                              ---------------------------------------- 
 5. Date of the transaction and date                                  14 NOVEMBER 2018 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ---------------------------------------- 
 6. Date on which issuer notified:                                    16 NOVEMBER 2018 
                                              ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                               11% 
                                              ---------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type     Situation previous                      Resulting situation after the triggering 
 of              to the triggering                       transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
               --------------------------------------  ------------------------------------------------------------------ 
                Number                  Number          Number           Number of voting        % of voting rights 
                 of                      of              of shares        rights                  (x) 
                 Shares                  Voting 
                                         Rights 
               ----------------------  --------------  ---------------  ----------------------  ------------------------- 
                                                        Direct           Direct       Indirect   Direct        Indirect 
                                                                         (xi)          (xii) 
               -----  ----  ---  ----     ---  ------  ---------------  -----------  ---------  ------------  ----------- 
 VGG379591065   14,587,762        14,587,762            15,564,336       15,564,336              11.21% 
               ----------------  --------------------  ---------------  -----------  ---------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of financial     Expiration          Exercise/                 Number of voting                  % of voting 
  instrument            date (xiii)         Conversion Period         rights that may                   rights 
                                            (xiv)                     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 rights 
 financial       price        date (xvii)        Conversion     rights instrument                   (xix, xx) 
 instrument                                      period         refers to 
                                                 (xviii) 
               -----------  -----------------  -------------  ----------------------------------  ----------------------- 
                                                                                                   Nominal       Delta 
               -----------  -----------------  -------------  ----------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
 Number of voting rights                                       Percentage of voting rights 
                                                              ----------------------------------------------------------- 
 15,564,336                                                    11.21% 
                                                              ----------------------------------------------------------- 
 
 
 
 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:                                      +23052506221 
                                          -------------------------------------- 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

HOLUNSWRWRAAARA

(END) Dow Jones Newswires

November 16, 2018 03:41 ET (08:41 GMT)

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