Holding(s) in Company

RNS Number : 9242W

Gem Diamonds Limited

05 August 2009

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Gem Diamonds Limited

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Capital Group International Inc
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	3 August 2009
6. Date on which issuer notified:	4 August 2009
7. Threshold(s) that is/are crossed or reached:	Above 7%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the 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		% of voting rights
			Indirect	Direct	Indirect	Direct	Indirect
Ordinary VGG379591065	9,528,366	9,528,366	9,863,088		9,863,088		7.1334%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/  Conversion  Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise  price	Expiration  date	Exercise/ Conversion  period	Number of voting  rights instrument  refers to	% of voting rights
N/A					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
9,863,088	7.1334%

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

Proxy Voting:
10. Name of the proxy holder:
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
15. Contact telephone number:	0203 043 0280

See below for Schedule A

Schedule A

Gem Diamonds Limited

                                                                                    Number       Percentage

of Shares    of Outstanding

Capital Group International Inc ('CGII') holdings               9,863,088          7.133%

Holdings by CGII Management Companies and Funds:

Capital Guardian Trust Company                                     2,296,160         1.661%

Capital International Limited                                              468,999          0.339%

Capital International Inc                                                 7,097,929          5.133%

    Emerging Markets Growth Fund Inc

 

END

 

 

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