Share Buyback

RNS Number : 4671N

Gem Diamonds Limited

01 June 2022

 

1 June 2022

GEM DIAMONDS LIMITED

 ("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 31 May 2022 it purchased 35,936 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 54.99 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 1,415,745 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,332,232.

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:	31-May-22
Number of ordinary shares purchased:	35,936
Volume weighted average price paid per share:	54.99

Transaction details:

Transaction Date	Transaction Time	Volume	Price (p)	Platform code
31/05/2022	16:29:52.925	870	54.2	XLON
31/05/2022	16:29:52.924	602	54.2	XLON
31/05/2022	16:29:52.909	48	54.2	XLON
31/05/2022	16:17:16.048	1 333	54.4	XLON
31/05/2022	16:10:24.019	251	54.4	XLON
31/05/2022	16:10:24.016	106	54.4	XLON
31/05/2022	16:10:24.012	651	54.4	XLON
31/05/2022	16:03:32.061	2 775	54.4	XLON
31/05/2022	15:35:24.797	5 007	55.2	XLON
31/05/2022	15:35:24.797	191	55.2	XLON
31/05/2022	15:30:59.515	10 000	55.2	XLON
31/05/2022	14:49:58.687	733	55.0	XLON
31/05/2022	14:49:58.687	1 029	55.0	XLON
31/05/2022	13:36:11.506	2 914	55.0	XLON
31/05/2022	13:36:11.506	4 000	55.0	XLON
31/05/2022	12:24:53.262	4 000	55.2	XLON
31/05/2022	11:51:09.415	1 426	55.0	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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