Share Buyback

RNS Number : 0007N

Gem Diamonds Limited

27 May 2022

 

27 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 26 May 2022 it purchased 14,182 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 58.46 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 1,291,463 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,456,514.

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:	26-May-22
Number of ordinary shares purchased:	14,182
Volume weighted average price paid per share:	58.46

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
26/05/2022	16:21:53.209	5 751	58.4	XLON
26/05/2022	16:21:53.204	4 212	58.6	XLON
26/05/2022	16:28:16.060	1 970	58.4	XLON
26/05/2022	16:28:16.060	1 503	58.4	XLON
26/05/2022	15:25:35.179	385	58.4	XLON
26/05/2022	16:21:58.089	345	58.4	XLON
26/05/2022	15:25:43.786	16	58.4	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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