TIDMGEMD

RNS Number : 8552L

Gem Diamonds Limited

18 May 2022

18 May 2022

GEM DIAMONDS LIMITED

("Gem Diamonds" or "the Company")

SHARE BUYBACK

Transaction in Own Shares

Gem Diamonds Limited announces that on 17 May 2022 it purchased 8,455 of its ordinary shares from Liberum Capital Limited (acting as the Company's broker) on the London Stock Exchange at an average price of 62.48 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 1,050,688 ordinary shares as treasury shares. The total number of ordinary shares in issue (excluding shares held as treasury shares) is 139,670,911.

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:                                17-May-22 
                                                 ---------- 
 Number of ordinary shares purchased:               8,455 
                                                 ---------- 
 Volume weighted average price paid per share:      62.48 
                                                 ----------

Transaction details:

 
 Transaction    Transaction             Price 
  Date           Time          Volume    (p)    Platform code 
 17/05/2022     14:33:05.202      190    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     13:46:53.844    2 774    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     13:32:31.142    4 244    62.6       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     12:15:45.072      667    62.0       XLON 
               -------------  -------  ------  -------------- 
 17/05/2022     11:36:49.083      580    61.6       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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSSFUFUWEESEEI

(END) Dow Jones Newswires

May 18, 2022 02:03 ET (06:03 GMT)

Gem Diamonds (LSE:GEMD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Gem Diamonds Charts.
Gem Diamonds (LSE:GEMD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Gem Diamonds Charts.