Gem Diamonds Limited - Notification of transactions by PDMR

Gem Diamonds

23/04/2026 07:00

RNS Number : 5022B

Gem Diamonds Limited

23 April 2026

 

23 April 2026

GEM DIAMONDS LIMITED 

("Gem Diamonds" or the "Company") 

Notifications of transactions by PDMRs

Options over ordinary shares with a nominal value exercise price of USD 0.01 per share have been granted on 21 April 2026 to Directors/PDMRs of the Company under the Company's Employee Share Option Plan 2017, as detailed below.

Name of Director / PDMR
Number of Performance Shares awarded
Clifford Elphick
1,007,500
Michael Michael
664,909

 

Options have been granted in accordance with the Company's approved 2024 remuneration policy, as part of the Gem Diamonds Incentive Plan ("GDIP") which integrates annual bonus awards under the Short-term incentive bonus plan with awards under the Employee Share Option Plan 2017.

The following disclosure is made in accordance with Article 19(3) of the UK Market Abuse Regulation.

 

1.
Details of PDMR / person closely associated (PCA)
a)
Name
Clifford Elphick
2.
Reason for the notification
a)
Position / status
Chief Executive Officer
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Full name of the entity
Gem Diamonds Limited
b)
LEI
213800RC2PGGMZQG8L67
4.
Details of the transaction(s)
a)
Description of the financial instrument
Identification Code
Gem Diamonds Limited Ordinary Shares of USD 0.01 each ("Shares")
VGG379591065
b)
Nature of the transaction
Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan 2017, for nil-consideration.
c)
Currency
GBP - British Pound
d)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,007,500
e)
Aggregated information
Aggregated volume
Price
1,007,500
Nil
f)
Date of the transaction
2026-04-21
g)
Place of the transaction
Outside a trading venue

 

1.
Details of PDMR / person closely associated (PCA)
a)
Name
Michael Michael
2.
Reason for the notification
a)
Position / status
Chief Financial Officer
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Full name of the entity
Gem Diamonds Limited
b)
LEI
213800RC2PGGMZQG8L67
4.
Details of the transaction(s)
a)
Description of the financial instrument
Identification Code
Gem Diamonds Limited Ordinary Shares of USD 0.01 each
VGG379591065
b)
Nature of the transaction
Award of options over Shares with an exercise price of USD 0.01 per Share under the terms of the Gem Diamonds Limited Employee Share Option Plan 2017, for nil consideration.
c)
Currency
GBP - British Pound
d)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
664,909
e)
Aggregated information
Aggregated volume
Price
664,909
Nil
f)
Date of the transaction
2026-04-21
g)
Place of the transaction
Outside a trading venue

 

For further information:

Gem Diamonds

Kiki Constantopoulos, Company Secretary

Tel: +44 (0) 203 043 0280

ir@gemdiamonds.com

 

 

Celicourt Communications

Mark Antelme / Charles Denley-Myerson

Tel: +44 (0) 207 777 6424

 

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70%

of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top colour,

exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the

world. www.gemdiamonds.com  

 

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