Holding(s) in Company

RNS Number : 2574I

Gem Diamonds Limited

08 March 2010

 



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		X
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:			MIRABAUD INVESTMENT MANAGEMENT LIMITED
4. Full name of shareholder(s) (if different from 3.):			743,504   State Street Nominees Limited                      20HE 380,091   State Street Nominees Limited                      XC7U 54,708     State Street Nominees Limited                      20HG 431,952   Chase Nominees Limited                              60688 262,348   NORTRUST Nominees Limited                   SRY13 359,478   BNY (OCS) Nominees Limited                    164656 489,924   BNY (OCS) Nominees Limited                    287624 298,487   BNY (OCS) Nominees Limited                    392430 213,631   BNY (OCS) Nominees Limited                    392430                                                                              RLMF20000                                                                                            513,027  Mellon Nominees (UK) Limited Account              02                                                      72,774     Securities Services Nominees Ltd              300362    20,000     Securities Services Nominees Ltd              300350 65,133     Securities Services Nominees Ltd              339551 236,082   Securities Services Nominees Ltd              300691 262,348   Chase Nominees Limited                              39668                  HSBC Global Custody Nominee (UK)         1,519,160 Limited                                                        636003                  HSBC Global Custody Nominee (UK) 381,426    Limited                                                        640766 576,499    Stargas Nominees Limited                                -
5. Date of the transaction and date on which the threshold is crossed or reached:			26th February 2010
6. Date on which issuer notified:			8th March 2010
7. Threshold(s) that is/are crossed or reached:			BELOW 5%
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
				Direct	Direct	Indirect	Direct	Indirect
VGG379591065	6,986,421	6,986,421		6,880,572	6,880,572	0	4.98%	0.00%

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

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
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
6,880,572	4.98%

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

 

END

 

 

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