Gem Diamonds Limited Total Voting Rights (4137L)
September 30 2016 - 12:10PM
UK Regulatory
TIDMGEMD
RNS Number : 4137L
Gem Diamonds Limited
30 September 2016
30 September 2016
GEM DIAMONDS LIMITED
("Gem Diamonds" or the "Company")
Total Voting Rights
As at 30 September 2016 the Company's issued share capital
consisted of 138,353,726 Ordinary Shares of US$ 0.01 each. The
Company holds no Ordinary Shares in Treasury.
The total number of voting rights in the Company is therefore
138,353,726. This figure may be used by shareholders as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.
For further information:
Gem Diamonds Limited
Juliet Kirk, Assistant to the Company Secretary
Tel: +44 (0) 203 043 0280
Celicourt Communications
Joanna Boon/Mark Antelme
Tel: +44 (0) 207 520 9261
About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of high value
diamonds. The company owns 70% of the Letšeng mine in Lesotho and
100% of the Ghaghoo mine in Botswana. The Letšeng 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.
Gem Diamonds has a growth strategy based on the expansion of the
Letšeng mine and bringing the Ghaghoo mine into production, while
maintaining its strong balance sheet. The Company seeks to maximise
revenue and margin from its rough diamond production by pursuing
cutting, polishing and sales and marketing initiatives further
along the diamond value chain. 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.
www.gemdiamonds.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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