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RNS Number : 7864C
Gem Diamonds Limited
30 June 2016
30 June 2016
GEM DIAMONDS LIMITED
("Gem Diamonds" or the "Company")
Total Voting Rights
As at 30 June 2016 the Company's issued share capital consisted of 138,312,916 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 138,312,916. 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 and Transparency Rules.
For further information:
Gem Diamonds Limited
Juliet Kirk, Assistant to the Company Secretary
Tel: +44 (0) 203 043 0280
Bell Pottinger
Daniel Thöle / Anna Legge
Tel: +44 (0) 203 772 2500
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
ENDTVREAPKEDENKEEF
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Gem diamonds limited
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PRODUCTEUR |
CODE : GEMD.L |
ISIN : VGG379591065 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Gem Diamonds est une société de production minière de diamants basée au Royaume-Uni. Ses principaux projets en production sont ELLENDALE en Australie et LETSENG au Lesotho, ses principaux projets en développement sont GOPE au Botswana, CEMPAKA en Indonesie et MAMBÉRÉ en Republique Centrafricaine et ses principaux projets en exploration sont CHIRI en Angola et MBELENGE et LUBEMBE en Republique Democratique Du Congo. |