REG - Gem Diamonds Limited - Blocklisting Application

Gem DiamondsAnnouncement

01/04/2025 07:15

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RNS Number : 9454C  Gem Diamonds Limited  01 April 2025

 

 

1 April 2025

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

 Block listing application

 

Gem Diamonds, LSE: GEMD announces that it has made applications to The
Financial Conduct Authority and The London Stock Exchange for a block listing
of 1,325,000 ordinary shares of $0.01 each in the Company. These shares, when
issued pursuant to the Company's obligations under the Gem Diamonds Employee
Share Plan 2017, shall rank equally with the existing issued shares of the
Company and will be admitted to the Official List and to trading on the main
market of The London Stock Exchange. It is expected that admission will become
effective on or around 4 April 2025.

The application for the block listing is being made to satisfy options granted
under the Gem Diamonds Employee Share Plan 2017.

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

 

For further information, please contact:

 

Gem Diamonds Limited

Kiki Constantopoulos, Company Secretary

ir@gemdiamonds.com (mailto:ir@gemdiamonds.com)

 

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: +44 (0) 207 777 6424

About Gem Diamonds:

Gem Diamonds is a leading global 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, exceptional white diamonds, making it the highest dollar
per carat kimberlite diamond mine in the world.

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