REG - Gem Diamonds Limited - Resignation of Non-Executive Director

Gem DiamondsAnnouncement

01/10/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251001:nRSA4421Ba&default-theme=true

RNS Number : 4421B  Gem Diamonds Limited  01 October 2025

1 October 2025

 

Gem Diamonds Limited

 

Resignation of Non-Executive Director

 

Gem Diamonds Limited (LSE: GEMD) ("Gem Diamonds", the "Company" or the
"Group") announces that Mazvi Maharasoa, Non-Executive Director, has informed
the Board of Directors (the "Board") of her decision to resign from her
position with effect from 31 December 2025, in order to pursue other
opportunities.

 

Mazvi has served as a valued member of the Board, contributing to the
Company's governance and strategic oversight during her tenure.

 

The resulting Board composition supports a strategic Board optimisation and
will continue to be appropriate for the size of the Company. As Mazvi will
remain in office until 31 December 2025, the restructuring of the Board
Committees and allocation of the designated Non-Executive Director for
workforce engagement to be effective from 1 January 2026, will be announced in
due course and will remain in full compliance with the provisions of the UK
Corporate Governance Code.

 

Harry Kenyon-Slaney, Non-Executive Chairman, commented:

 

"On behalf of the Board, I would like to sincerely thank Mazvi for her
significant contribution to the Company during her tenure. We wish her all the
very best for the future. The Board remains confident that Gem Diamonds'
leadership retains the right balance of skills and experience to support the
Company's strategy going forward."

 

 

FOR FURTHER INFORMATION:

Gem Diamonds Limited

Kiki Constantopoulos, Company Secretary

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

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAKZGFLGGLGKZM