Notification of Major Interest in Shares

RNS Number : 3716R

Gem Diamonds Limited

16 November 2012

 



Notification of Major Interest in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Gem Diamonds Limited Sedol B1P8H48
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					√
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: iii		1 Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership 2 Lansdowne Partners International Limited
4. Full name of shareholder(s)  (if different from 3.):iv		HSBC Client Holdings UK Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		13/11/2012
6. Date on which issuer notified:		15/11/2012
7. Threshold(s) that is/are crossed or reached: vi, vii		14%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Indirect

Direct xi

Indirect xii

Direct

Indirect

18,081,952

18,081,952

19,493,603

14.10%

Ordinary Shares (VGG379591065)

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

19,493,603

14.10%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited.
Proxy Voting:
10. Name of the proxy holder:		Lansdowne 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:	Based on total voting rights of 138,267,181
14. Contact name:	Kamran Salahuddin
15. Contact telephone number:	[phone]

 

END

 

 

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