20 May 2020
GEM DIAMONDS LIMITED�
("Gem Diamonds" or the "Company")�
Notifications of transactions by a PDMR
The Company announces that today Harry Kenyon-Slaney, the Chairman of the Company, purchased ordinary shares (with a nominal value of US$0.01 per share):-
Name of Director/PDMR | Number of ordinary shares held prior to purchase | Number of ordinary shares purchased | % of total ordinary shares in issue after purchase |
Harry Kenyon-Slaney | 0 | 50,000 | 0.036% |
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The following disclosure is made in accordance with Article 19(3) of the EU Market Abuse Regulation.
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1. | Details of PDMR / person closely associated (PCA) | |||||
a) | Name | Harry Kenyon-Slaney | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chairman | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Full name of the entity | Gem Diamonds Limited | ||||
b) | LEI | 213800RC2PGGMZQG8L67 | ||||
4. | Details of the transaction(s) | |||||
a) | Description of the financial instrument � Identification Code | Gem Diamonds Limited Ordinary Shares of USD 0.01 each ("Shares") � � VGG379591065 | ||||
b) | Nature of the transaction | On-market purchase | ||||
c) | Currency | GBP - British Pound | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information � Aggregated volume � Price | �N/A � � � � | ||||
f) | Date of the transaction | 2020-05-20 | ||||
g) | Place of the transaction | London Stock Exchange |
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For further information:
Gem Diamonds Limited
Susan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
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Celicourt Communications
Mark Antelme/Ollie Mills
Tel: +44 (0) 208 434 2643
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About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Let�eng mine in Lesotho and is currently in the process of selling its 100% share of the Ghaghoo mine in Botswana. The Let�eng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com
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