Share Buyback

RNS Number : 7024K

Gem Diamonds Limited

09 May 2022

 

9 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 6 May 2022 it purchased 48,902 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 60.08 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 695,099 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 140,014,039.

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-May-22
Number of ordinary shares purchased:	48,902
Volume weighted average price paid per share:	60.08

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
06/05/2022	08:21:31.270	492	61.2	XLON
06/05/2022	08:21:31.270	3 222	61.2	XLON
06/05/2022	08:55:05.036	3 512	61.0	XLON
06/05/2022	11:37:15.913	1 507	60.6	XLON
06/05/2022	12:31:00.084	804	60.6	XLON
06/05/2022	12:33:25.729	1 427	60.6	XLON
06/05/2022	12:33:25.729	10 000	60.6	XLON
06/05/2022	12:33:25.736	2 638	60.4	XLON
06/05/2022	08:55:03.229	4 000	60.2	XLON
06/05/2022	12:33:25.736	1 000	60.2	XLON
06/05/2022	14:32:37.896	2 000	59.4	XLON
06/05/2022	14:33:58.052	1 611	59.4	XLON
06/05/2022	14:41:53.507	3 222	59.4	XLON
06/05/2022	15:24:36.593	848	59.4	XLON
06/05/2022	15:41:49.445	1 562	59.4	XLON
06/05/2022	15:46:14.780	1 114	59.4	XLON
06/05/2022	14:43:50.631	1 943	59.2	XLON
06/05/2022	15:24:36.587	8 000	59.2	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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