Share Buyback

RNS Number : 9013N

Gem Diamonds Limited

07 June 2022

 

7 June 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 6 June 2022 it purchased 27,662 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 53.05 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 1,479,936 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,268,041.

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:	06-Jun-22
Number of ordinary shares purchased:	27,662
Volume weighted average price paid per share:	53.05

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
06/06/2022	13:04:35.383	4 203	53.6	XLON
06/06/2022	10:56:38.533	5 000	53.2	XLON
06/06/2022	13:04:32.491	5 000	53.2	XLON
06/06/2022	13:21:38.135	1 500	53.2	XLON
06/06/2022	13:21:38.136	3 922	53.2	XLON
06/06/2022	16:09:55.632	294	52.8	XLON
06/06/2022	16:09:55.632	1 887	52.8	XLON
06/06/2022	13:21:38.255	4 761	52.4	XLON
06/06/2022	15:12:19.193	1 095	52.2	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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