Share Buyback

RNS Number : 3406M

Gem Diamonds Limited

23 May 2022

 

23 May 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 20 May 2022 it purchased 34,287 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 61.94 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 1,158,822 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,589,155.

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:	20-May-22
Number of ordinary shares purchased:	34,287
Volume weighted average price paid per share:	61.94

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
20/05/2022	16:20:49.861	246	61.8	XLON
20/05/2022	16:11:44.077	3 139	61.8	XLON
20/05/2022	16:11:44.075	1 693	61.8	XLON
20/05/2022	14:09:35.556	2 442	61.8	XLON
20/05/2022	14:09:35.556	1 402	61.8	XLON
20/05/2022	13:38:03.921	8 512	62.0	XLON
20/05/2022	13:37:39.072	488	62.0	XLON
20/05/2022	11:58:37.886	4 034	62.0	XLON
20/05/2022	10:01:26.444	3 831	62.2	XLON
20/05/2022	08:56:35.807	1 500	62.2	XLON
20/05/2022	08:31:02.228	7 000	61.8	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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