Share Buyback

RNS Number : 1583N

Gem Diamonds Limited

30 May 2022

 

30 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 27 May 2022 it purchased 40,366 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 58.64 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 1,331,829 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,416,148.

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:	27-May-22
Number of ordinary shares purchased:	40,366
Volume weighted average price paid per share:	58.64

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
27/05/2022	11:26:24.513	2 556	58.8	XLON
27/05/2022	12:49:40.809	1 485	58.8	XLON
27/05/2022	12:49:40.809	8 515	58.8	XLON
27/05/2022	12:49:40.813	1 485	58.8	XLON
27/05/2022	14:58:42.709	10 226	58.6	XLON
27/05/2022	14:58:42.714	4 208	58.8	XLON
27/05/2022	14:58:42.715	2 563	58.6	XLON
27/05/2022	15:00:15.807	14	58.6	XLON
27/05/2022	16:24:42.747	4 405	58.4	XLON
27/05/2022	16:29:42.751	154	58.4	XLON
27/05/2022	16:29:42.758	4 755	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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