Holding(s) in Company

RNS Number : 9234H

Gem Diamonds Limited

11 November 2008

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Gem Diamonds Ltd

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):______________

3. Full name of person(s) subject to notification obligation:	BlackRock, Inc.
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	7th November 2008
6. Date on which issuer notified:	10th November 2008
7. Threshold(s) that is/are crossed or reached:	Holding has gone below 12%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
VGG379591065	7,549,013	7,549,013	N/A	N/A	7,476,453	N/A	11.88%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
7,476,453	11.88%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

BlackRock Investment Management (UK) Limited - 7,476,453 (11.88%)

Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14 Contact name:	Andre Confavreux, Company Secretary, Gem Diamonds Ltd
15. Contact telephone number:	0203 043 0280

 

END

 

 

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