Gem Diamonds Limited - Major Shareholding Notification 2018

National Storage Mechanism | Additional information

RNS Number : 7152E

Gem Diamonds Limited

13 February 2018





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: ii		GEM DIAMONDS LTD
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
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: iii	SUSTAINABLE CAPITAL LTD
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	12 FEBRUARY 2018
6. Date on which issuer notified:	13 FEBRUARY 2018
7. Threshold(s) that is/are crossed or reached: vi, vii	5%,6%


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
Direct			Direct xi	Indirect xii	Direct			Indirect
VGG379591065		5,934,237			5,934,237			8,634,237			8,634,237	6.23%


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
8,634,237									6.23%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
HSBC FUND SERVICES CLIENTS A/C 006 HSBC BANK PLC

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:
14. Contact name:	MAHARISHI RAMKORUN
15. Contact telephone number:	+23052506221

This information is provided by RNS

The company news service from the London Stock Exchange

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