TIDMGEMD

RNS Number : 3536J

Gem Diamonds Limited

02 April 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying         Gem Diamonds Ltd 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
-------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                    ü 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject             FMR LLC 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                Section 9 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date            01(st) April 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:              02(nd) April 2015 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           5% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                    Resulting situation after the triggering 
 of              to the triggering                     transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ------------------------------------  --------------------------------------------------------------------- 
                Number            Number              Number        Number of voting          % of voting rights 
                 of                of                  of shares     rights                    (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  ------------------  ------------  ------------------------  ----------------------------- 
                                                      Indirect      Direct        Indirect    Direct         Indirect 
                                                                     (xi)          (xii) 
-------------    -----  -------  ------  -----  ---  ------------  ------------  ----------  -------------  -------------- 
 VGG379591065   7,024,273         7,024,273           6,625,555                   6,625,555                  4.79% 
               ----------------  ------------------  ------------  ------------  ----------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                       Number of voting             % of voting 
  instrument              date (xiii)      Conversion Period               rights that may              rights 
                                           (xiv)                           be 
                                                                           acquired if the 
                                                                           instrument is 
                                                                           exercised/ converted. 
----------------------  ---------------  ------------------------------  ---------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration     Exercise/          Number of voting              % of voting rights 
 financial         price           date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
---------------  --------------  -------------  -----------------  ----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
---------------  --------------  -------------  -----------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
 6,625,555                                                        4.79% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------ 
   Custodian                      Day to Day IM                          Total 
                                   PGALLC-PYRAMIS GLOBAL ADVISORS, 
    BANK OF NEW YORK MELLON         LLC                                 142,500 
    BROWN BROTHERS HARRIMAN AND    PGATC-PYRAMIS GLOBAL ADVISORS 
     CO                             TRUST COMPANY                       941,137 
                                   PGATC-PYRAMIS GLOBAL ADVISORS 
    JP MORGAN, BOURNEMOUTH (C)      TRUST COMPANY                       244,800 
    JPMORGAN CHASE BANK            FMRC-FMR CO., INC                    122,201 
     PGALLC-PYRAMIS GLOBAL ADVISORS, 
      LLC                                                               164,800 
     PGATC-PYRAMIS GLOBAL ADVISORS 
      TRUST COMPANY                                                       1,440 
                                   PGALLC-PYRAMIS GLOBAL ADVISORS, 
    MELLON BANK NA (C)              LLC                                  91,900 
    NOMURA TRUST AND BANKING       PGALLC-PYRAMIS GLOBAL ADVISORS, 
     (C)                            LLC                                   7,300 
    NORTHERN TRUST CO (C)          FMRC-FMR CO., INC                    647,996 
     PGALLC-PYRAMIS GLOBAL ADVISORS, 
      LLC                                                                84,900 
    STATE STREET BANK AND TR 
     CO                            FMRC-FMR CO., INC                  3,195,424 
     PGATC-PYRAMIS GLOBAL ADVISORS 
      TRUST COMPANY                                                     981,157 
    Grand Total                                                       6,625,555 
   ----------------------------------------------------------------  ---------- 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder:                              FMR LLC 
---------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy holder will 
  cease to hold:                                            398,718 
---------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will cease to               01(st) April 2015 
  hold voting rights: 
---------------------------------------------------------  ------------------------------- 
 
 
  13. Additional information:                   None 
--------------------------------------------  -------------------------------------------- 
 14. Contact name:                             Matt Drury 
--------------------------------------------  -------------------------------------------- 
 15. Contact telephone number: 
                                                 fil-regreporting@fil.com, 01737 836729 
--------------------------------------------  --------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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