Gem Diamonds Limited Holding(s) in Company (4070C)
January 19 2018 - 5:33AM
UK Regulatory
TIDMGEMD
RNS Number : 4070C
Gem Diamonds Limited
19 January 2018
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------------
1. Identity of the issuer or GEM DIAMONDS LTD
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
----------------------------------------------------------- ----------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
-----------------------------------------------------------------------------------------
An acquisition or disposal of voting rights x
--------------------------------------------------------------- ------------------------
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) SUSTAINABLE CAPITAL LTD
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ----------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- ----------------------------
5. Date of the transaction 12 JANUARY 2018
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ----------------------------
6. Date on which issuer 15 JANUARY 2018
notified:
----------------------------------------------------------- ----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 4%
----------------------------------------------------------- ----------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
--------------- --------------------------------- --------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- --------------- ---------------- ---------------- ----------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ------------ ---------------- ------------ --------- ------------ -----------
VGG379591065 4,316,958 4,316,958 5,700,237 5,700,237 4.11%
--------------- ---------------- ---------------- ------------ --------- ------------ -----------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- --------------- ------------------------------ ----------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
------------- --------------- ---------------- -------------- ----------------------------- -----------------------
Nominal Delta
------------- --------------- ---------------- -------------- ----------------------------- ------------ ---------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- ------------------------------------------------------
5,700,237 4.11%
---------------------------------------------------------------- ------------------------------------------------------
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
END
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