Holding(s) in Company

RNS Number : 0396G
Gem Diamonds Limited
16 October 2008
 




For filings with the FSA include the annex

For filings with issuer exclude the annex 


TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Gem Diamonds Ltd

Sedol B1P8H48



2. Reason for notification (yes/no)


An acquisition or disposal of voting rights

Yes


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 



An event changing the breakdown of voting rights



Other (please specify):______________



3. Full name of person(s) subject to notification obligation:

  • Landsdowne Partners Limited being the general partner of Landsdowne Partners Limited Partnership

            2.  Landsdowne Partners  
                 International Limited




4. Full name of shareholder(s) (if different from 3):

Morstan Nominees Limited and Vidacos Nominees Limited (registered shareholders)



5. Date of transaction (and date on which the threshold is crossed or reached if different):

14/10/08


6. Date on which issuer notified:

16/10/08


7. Threshold(s) that is/are crossed or reached:

10%, 11%



8: Notified Details

A: Voting rights attached to shares


Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights


Direct


Indirect


Direct


Indirect


Ordinary Shares

3,902, 689

3,902,689

0

0

7,354,270

0

11.69%




B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights









Total (A+B)


Number of voting rights

Percentage of voting rights

7,354,270

11.69%




9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Landsdowne Partners International Limited is the parent undertaking of Landsdowne Partners Limited


Proxy Voting:


10. Name of proxy holder:


Landsdowne Partners Limited



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:


Andre Confavreux, Company Secretary, Gem Diamonds Ltd

15. Contact telephone number:


0203 043 0280



For notes on how to complete form TR-1 please see the FSA website. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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