Share Buyback

RNS Number : 8602K

Gem Diamonds Limited

10 May 2022

 

10 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 9 May 2022 it purchased 54,989 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 59.35 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 750,088 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,959,050.

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:	09-May-22
Number of ordinary shares purchased:	54,989
Volume weighted average price paid per share:	59.35

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
09/05/2022	11:29:28.996	10 000	60.4	XLON
09/05/2022	11:29:29.001	3 660	60.2	XLON
09/05/2022	14:16:45.905	3 606	59.6	XLON
09/05/2022	15:58:48.484	1 388	59.6	XLON
09/05/2022	15:59:12.953	93	59.6	XLON
09/05/2022	11:58:39.764	1 431	59.0	XLON
09/05/2022	14:48:45.763	8 165	59.0	XLON
09/05/2022	14:48:45.763	3 543	59.0	XLON
09/05/2022	14:48:45.764	351	59.0	XLON
09/05/2022	14:48:45.765	364	59.0	XLON
09/05/2022	14:48:45.766	76	59.0	XLON
09/05/2022	15:32:48.470	3 709	59.0	XLON
09/05/2022	15:32:48.470	8 950	59.0	XLON
09/05/2022	15:32:48.472	99	59.0	XLON
09/05/2022	14:48:45.766	1 500	58.8	XLON
09/05/2022	14:48:45.766	169	58.8	XLON
09/05/2022	15:17:33.753	6 050	58.8	XLON
09/05/2022	11:41:10.401	1 835	58.6	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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