Result of AGM

RNS Number : 4848A

Gem Diamonds Limited

07 June 2016

7 June, 2016

GEM DIAMONDS LIMITED

("Gem Diamonds" or 'the Company')

RESULT OF ANNUAL GENERAL MEETING

At the Company's Annual General Meeting held at the Grosvenor Hotel, 101 Buckingham Palace Road, London, SW1W 0SJ, on the 7th June 2016 at 09.30am all resolutions were duly passed.

The Company will lodge with the FCA two copies of all resolutions passed at the Company's AGM.

The final voting figures are shown below:

ORDINARY RESOLUTIONS		FOR	AGAINST	WITHHELD

RESOLUTION 1 Resolution Carried	Report and Accounts	113,396,595	0	507,401
RESOLUTION 2 Resolution Carried	Annual Report on Directors Remuneration	112,080,839	481,712	1,341,445
RESOLUTION 3 Resolution Carried	Re-appointment of Auditors	112,346,201	1,557,795
RESOLUTION 4 Resolution Carried	Remuneration of Auditors	113,647,071	256,925
RESOLUTION 5 Resolution Carried	Dividend	113,903,996	0
RESOLUTION 6 Resolution Carried	Special Dividend	113,903,996	0
RESOLUTION 7 Resolution Carried	Re-election of Mr Clifford Elphick as a Director	111,751,525	2,152,471	0
RESOLUTION 8 Resolution Carried	Re-election of Mr Gavin Beevers as a Director	112,038,838	1,865,158	0
RESOLUTION 9 Resolution Carried	Re-election of Mr Mike Salamon as a Director	113,094,561	809,518	0
RESOLUTION 10 Resolution Carried	Re-election of Mr Michael Michael as a Director	113,106,630	797,449	0
RESOLUTION 11 Resolution Carried	Re-election of Mr Glenn Turner as a Director	111,765,286	797,336	1,341,445
RESOLUTION 12 Resolution Carried	Re-election of Mr Roger Davis as a Director	112,861,483	1,042,596	0
RESOLUTION 13 Resolution Carried	Election of Mr Michael Lynch-Bell as a Director	111,805,843	2,098,236	0
RESOLUTION 14 Resolution Carried	Authority to allot shares	113,702,325	201,671	0
SPECIAL RESOLUTIONS

RESOLUTION 15 Resolution Carried	Disapplication of pre-emption rights	113,903,642	0	354
RESOLUTION 16 Resolution Carried	Purchase of own shares	91,700,620	22,203,376	0