Gem Diamonds Limited Holding(s) in Company (5994H)
November 16 2018 - 3:41AM
UK Regulatory
TIDMGEMD
RNS Number : 5994H
Gem Diamonds Limited
16 November 2018
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
1. Identity of the issuer or the underlying GEM DIAMONDS LTD
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) subject SUSTAINABLE CAPITAL LTD
to the
notification obligation: (iii)
----------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------
5. Date of the transaction and date 14 NOVEMBER 2018
on
which the threshold is crossed
or
reached: (v)
----------------------------------------
6. Date on which issuer notified: 16 NOVEMBER 2018
----------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 11%
----------------------------------------
8. Notified details:
A: Voting rights attached to shares (viii, ix)
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
-------------------------------------- ------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
---------------------- -------------- --------------- ---------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----- ---- --- ---- --- ------ --------------- ----------- --------- ------------ -----------
VGG379591065 14,587,762 14,587,762 15,564,336 15,564,336 11.21%
---------------- -------------------- --------------- ----------- --------- ------------ -----------
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) 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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
----------- ----------------- ------------- ---------------------------------- -----------------------
Nominal Delta
----------- ----------------- ------------- ---------------------------------- ------------ ---------
Total (A+B+C)
Number of voting rights Percentage of voting rights
-----------------------------------------------------------
15,564,336 11.21%
-----------------------------------------------------------
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
--------------------------------------
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London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
HOLUNSWRWRAAARA
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