Share Buyback

RNS Number : 4366J

Gem Diamonds Limited

27 April 2022

 

27 April 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 26 April 2022 it purchased 43,404 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 62.58 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 224,004 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 140,485,134.

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-Apr-22
Number of ordinary shares purchased:	43,404
Volume weighted average price paid per share:	62.58

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
26/04/2022	10:56:51.102	3 000	63.8	XLON
26/04/2022	10:56:51.102	883	63.8	XLON
26/04/2022	14:46:44.794	1 000	63.4	XLON
26/04/2022	12:43:27.762	2 500	63.2	XLON
26/04/2022	09:03:09.284	4 000	63.0	XLON
26/04/2022	14:46:44.794	6 984	63.0	XLON
26/04/2022	14:46:44.794	1 205	63.0	XLON
26/04/2022	14:46:44.798	5 724	63.0	XLON
26/04/2022	12:46:13.080	735	62.2	XLON
26/04/2022	15:51:23.066	766	62.2	XLON
26/04/2022	16:08:41.726	3 499	62.2	XLON
26/04/2022	16:08:41.911	1 334	62.2	XLON
26/04/2022	16:10:05.691	1 716	62.2	XLON
26/04/2022	16:10:05.697	1 852	62.2	XLON
26/04/2022	16:10:40.799	1 000	61.6	XLON
26/04/2022	16:10:40.806	1 217	61.6	XLON
26/04/2022	16:10:45.138	2 434	61.6	XLON
26/04/2022	16:21:55.207	3 555	60.8	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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