Gem Diamonds Limited — Major Shareholding Notification 2016

Sep 27, 2016

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RNS Number : 8686K

Gem Diamonds Limited

27 September 2016

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Gem Diamonds Ltd
2 Reason for the notification
An acquisition or disposal of voting rights				YES
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 to the notification obligation:		Aberforth Partners LLP
4. Full name of shareholder(s)  (if different from 3.)		Shareholder                                                                 Shares 1. Aberforth Smaller Companies Trust plc               5,602,762 2. Aberforth UK Small Companies Fund                     929,737 4.The National Trust for Places of Historic                  Interest or Natural Beauty                                           476,106  Shares are registered in the name of Nortrust Nominees Ltd
5. Date of the transaction and date on which the threshold is crossed or reached:		23/09/2016
6. Date on which issuer notified:		26/09/2016
7. Threshold(s) that is/are crossed or reached:		5%

8. Notified details
A: Voting rights attached to shares
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
Direct xi	Indirect xii	Direct	Indirect
	Below 5%				Below 5%			7,008,605		N/A	7,008,605	N/A	5.07
Ordinary VGG379591065
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv			No. of voting rights that may be acquired if the instrument is exercised/ converted.			% of voting rights
N/A			N/A			N/A			N/A			NA
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument		Expiration price		Expiration date			Exercise/ Conversion period		No. of voting rights instrument refers to			% of voting rights
N/A		N/A		N/A			N/A		N/A			Nominal		%
N/A		N/A
Total (A+B+C)
Number of voting rights									Percentage of voting rights
7,008,605									5.07

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Held by Aberforth Partners LLP
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:
14. Contact name:	Pauline Robson, Aberforth Partners LLP
15. Contact telephone number:	0131 220 0733

This information is provided by RNS

The company news service from the London Stock Exchange

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