Business
Block Listing Application
Block Listing Application.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 4970V Gem Diamonds Limited 18 April 2016 \n\n \n \n18 April 2016\nGEM DIAMONDS LIMITED\n(\"Gem Diamonds\" or \"the Company\")\n Block listing application \n \nGem Diamonds, LSE: GEMD announces that it has made applications to The Financial Conduct Authority and The London Stock Exchange for a block listing of 345,000 ordinary shares of $0.01 each in the Company. These shares when issued pursuant to the Company's obligations under the Gem Diamonds Long Term Incentive Plan 2007 shall rank equally with the existing issued shares of the Company and will be admitted to the Official List and to trading on the main market of The London Stock Exchange. It is expected that admission will become effective on or around 21 April 2016.\nThe application for the block listing is being made to satisfy options granted under the Gem Diamonds Long Term Incentive Plan 2007. \n \nFor further information:\nGem Diamonds Limited\nJuliet Kirk, Assistant Company Secretary\nTel: +44 (0) 20 3043 0280\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ALSKVLBFQZFLBBK\n ","length":1927,"tagName":"div"}]