Director/PDMR Shareholding

RNS Number : 6093N

Gem Diamonds Limited

19 February 2009

 



19 February 2009

Gem Diamonds Limited

('Gem Diamonds' or the 'Company')

Allotment and Issue of Ordinary Shares to a Non-Executive Director

On 19th February 2009, the Share Scheme Committee of the Board of Directors of Gem Diamonds met and formally approved the allotment and issue of a second and final tranche of 72,332 Ordinary Shares in the capital of the Company ('Ordinary Shares') to Mike Salamon, a Non-Executive Director, on the terms set out in the Prospectus published by the Company on 14 February 2007. The Ordinary Shares will be subscribed for at a nominal value of US$0.01 each.

Application has been made to the FSA and the London Stock Exchange for listing and trading of the shares as at 20 February 2009.

Enquires:

Andre Confavreux

Company Secretary 

[phone]

 

END

 

 

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