Gem Diamonds Limited - Major Shareholding Notification 2014

National Storage Mechanism | Additional information

RNS Number : 4990L

Gem Diamonds Limited

04 July 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii		Gem Diamonds Limited SEDOL B1P8H48
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):			X
3. Full name of person(s) subject to the notification obligation: iii	1. Lansdowne Partners International Limited 2. Lansdowne Partners Limited 3. Lansdowne Partners (UK) LLP
4. Full name of shareholder(s) (if different from 3.):iv	HSBC Client Holdings Nominee UK Limited (Registered Shareholders)
5. Date of the transaction and date on which the threshold is crossed or reached: v	01/07/2014
6. Date on which issuer notified:	03/07/2014
7. Threshold(s) that is/are crossed or reached: vi, vii	14%


8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction						Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights			Number of shares		Number of voting rights			% of voting rights x
Indirect		Direct xi		Indirect xii	Direct			Indirect
	19,493,603			19,493,603							20,721,413			14.99%
Ordinary (VGG379591065)

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.			% of voting rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to			% of voting rights xix, xx
												Nominal			Delta


Total (A+B+C)
Number of voting rights								Percentage of voting rights
20,721,413								14.99%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited which is the First Corporate Member of Lansdowne Partners (UK) LLP

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	Based on the total voting rights of 138,269, 806 This disclosure is due to a change in the persons subject to the notification. This change being the result of a corporate restructure
14. Contact name:	Ruari Paton
15. Contact telephone number:	+44 020 7290 5500

This information is provided by RNS

The company news service from the London Stock Exchange

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