Share Buyback

RNS Number : 8396M

Gem Diamonds Limited

26 May 2022

 

26 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 25 May 2022 it purchased 20,804 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 59.26 pence per share, as part of the Company's buyback programme announced on 12 April 2022. The purchased shares will all be held as treasury shares.

Following the above purchase, the Company holds 1,277,281 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,470,696.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases made by Liberum Capital Limited is set out below.

Aggregated information:
Platform code	XLON
Date of purchase:	25-May-22
Number of ordinary shares purchased:	20,804
Volume weighted average price paid per share:	59.26

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
25/05/2022	16:28:11.077	113	58.8	XLON
25/05/2022	13:14:50.189	475	59.6	XLON
25/05/2022	16:11:55.369	584	58.8	XLON
25/05/2022	16:11:56.497	680	58.8	XLON
25/05/2022	13:14:50.189	1 327	59.6	XLON
25/05/2022	13:14:50.188	1 500	59.4	XLON
25/05/2022	16:11:55.369	4 125	58.8	XLON
25/05/2022	13:14:50.186	12 000	59.4	XLON

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67.

For further information:

Gem Diamonds Limited
Susan Wallace, Company Secretarial department

Tel: [phone]

[e-mail]

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: [phone]

 

END

 

 

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