REG - Gem Diamonds Limited - Share Buyback

Gem DiamondsAnnouncement

24/05/2022 07:00

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RNS Number : 5076M  Gem Diamonds Limited  24 May 2022

24 May 2022

 

GEM DIAMONDS LIMITED

 

 ("Gem Diamonds" or "the Company")

 

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 23 May 2022 it purchased 65,630 of its
ordinary shares from Liberum Capital Limited (acting as the Company's broker)
on the London Stock Exchange at an average price of 60.38 pence per share, as
part of the Company's buyback programme announced on 12 April 2022. The
purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 1,224,452 ordinary shares as
treasury shares. The total number of ordinary shares in issue (excluding
shares held as treasury shares) is 139,523,525.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), detailed information about the individual purchases made by
Liberum Capital Limited is set out below.

 Aggregated information:

 Platform code                                  XLON
 Date of purchase:                              23-May-22
 Number of ordinary shares purchased:           65,630
 Volume weighted average price paid per share:  60.38

Transaction details:

 Transaction Date  Transaction Time  Volume  Price (p)  Platform code
 23/05/2022        16:29:45.630       258    59.8       XLON
 23/05/2022        16:04:51.678      2 877   59.4       XLON
 23/05/2022        16:04:46.762      1 275   59.4       XLON
 23/05/2022        16:04:03.886      4 097   59.4       XLON
 23/05/2022        16:03:05.132      3 262   60.6       XLON
 23/05/2022        16:03:05.132       393    60.6       XLON
 23/05/2022        16:03:05.127      2 907   60.6       XLON
 23/05/2022        16:03:05.127      10 247  60.6       XLON
 23/05/2022        15:26:37.695       142    60.6       XLON
 23/05/2022        15:23:45.247       140    60.6       XLON
 23/05/2022        15:16:54.084       391    60.6       XLON
 23/05/2022        14:51:07.390       265    60.6       XLON
 23/05/2022        14:48:30.107       259    60.6       XLON
 23/05/2022        14:48:00.150       250    60.6       XLON
 23/05/2022        14:46:30.094       271    60.6       XLON
 23/05/2022        14:46:00.164       263    60.6       XLON
 23/05/2022        14:37:00.228       160    60.6       XLON
 23/05/2022        13:51:39.885      4 506   60.8       XLON
 23/05/2022        13:51:39.885      2 361   60.8       XLON
 23/05/2022        13:51:36.930       271    60.8       XLON
 23/05/2022        13:51:21.938       263    60.8       XLON
 23/05/2022        13:51:06.942       262    60.8       XLON
 23/05/2022        13:50:55.088       248    60.8       XLON
 23/05/2022        13:50:51.473       264    60.8       XLON
 23/05/2022        13:50:51.353      7 639   60.8       XLON
 23/05/2022        11:07:08.860       116    60.6       XLON
 23/05/2022        10:27:29.559      5 557   60.8       XLON
 23/05/2022        10:26:55.917      5 694   60.6       XLON
 23/05/2022        08:27:12.205      1 272   59.6       XLON
 23/05/2022        08:27:12.205      3 227   59.6       XLON
 23/05/2022        08:26:08.366      3 139   60.0       XLON
 23/05/2022        08:26:08.366      2 508   60.0       XLON
 23/05/2022        08:26:08.366       316    60.0       XLON
 23/05/2022        08:26:08.366       530    60.0       XLON

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:

Gem Diamonds Limited

Susan Wallace, Company Secretarial department

Tel: +44 (0) 203 043 0280

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

 

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: +44 (0) 208 434 2643

 

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