Gem Diamonds Limited Notice of 2016 Annual General Meeting (2300W)
April 26 2016 - 2:01AM
UK Regulatory
TIDMGEMD
RNS Number : 2300W
Gem Diamonds Limited
26 April 2016
26 April 2016
GEM DIAMONDS LIMITED
("Gem Diamonds" or "the Company")
Notice of 2016 Annual General Meeting
Gem Diamonds LTD (LSE:GEMD) announces the publication of its
Notice of the 2016 Annual General Meeting (the "AGM Notice") and
Form of Proxy for the 2016 Annual General Meeting.
Annual General Meeting
The Company's 2016 Annual General Meeting will be held at the
Grosvenor Hotel, 101 Buckingham Palace Road, London SW1W 0SJ on
Tuesday, 7 June 2016 at 9:30 am
A hard copy version of the AGM Notice and the Form of Proxy has
been sent to shareholders by post and will be available to view on
the Company's website www.gemdiamonds.com
Gem Diamonds will submit to the UK National Storage Mechanism a
copy of its AGM Notice in accordance with LR 9.6.1R. The documents
will shortly be available for inspection through the National
Storage Mechanism at www.hemscott.com/nsm.do
For further information:
Gem Diamonds Limited
Juliet Kirk, Assistant Company Secretary
Tel: +44 (0) 203 0430 2080
Bell Pottinger
Daniel Thöle / Anna Legge
Tel: +44 (0) 203 772 2500
ABOUT GEM DIAMONDS:
Gem Diamonds is a leading global diamond producer of world
class, high-value diamonds. The Letšeng mine is renowned for the
production of large, top colour, exceptional white diamonds, making
it the highest average dollar per carat kimberlite diamond mine in
the world. Since Gem Diamonds acquired the Letšeng mine in 2006, it
has produced four of the 20 largest white gem quality diamonds ever
recorded.
Gem Diamonds has a growth strategy based on enhancing the
operational efficiencies of Letšeng and developing the Ghaghoo
mine, whilst maintaining its strong balance sheet. The Company
seeks to maximise revenue and create additional margin from its
rough diamond production through the Group's expanded sales,
marketing and manufacturing capabilities. With favourable
supply/demand dynamics expected to benefit the industry over the
medium to long term, particularly at the high end of the market
supplied by Gem Diamonds, this strategy positions the Company well
to generate attractive returns for shareholders in the coming
years.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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