TIDMGEMD

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   Transaction   Volume  Price  Platform code 
 Date          Time                  (p) 
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: +44 (0) 203 043 0280

ir@gemdiamonds.com

Celicourt Communications

Mark Antelme/Felicity Winkles

Tel: +44 (0) 208 434 2643

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END

POSFFFEIESIAIIF

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May 10, 2022 03:41 ET (07:41 GMT)

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