Business
Notice of 2016 Annual General Meeting
Notice of 2016 Annual General Meeting.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n \nRNS Number : 2300W Gem Diamonds Limited 26 April 2016 \n\n26 April 2016\nGEM DIAMONDS LIMITED\n(\"Gem Diamonds\" or \"the Company\")\nNotice of 2016 Annual General Meeting\nGem Diamonds LTD (LSE:GEMD) announces the publication of its Notice of the 2016 Annual General Meeting (the \"AGM Notice\") and Form of Proxy for the 2016 Annual General Meeting.\nAnnual General Meeting\nThe Company's 2016 Annual General Meeting will be held at the Grosvenor Hotel, 101 Buckingham Palace Road, London SW1W 0SJ on Tuesday, 7 June 2016 at 9:30 am\nA hard copy version of the AGM Notice and the Form of Proxy has been sent to shareholders by post and will be available to view on the Company's website www.gemdiamonds.com \nGem Diamonds will submit to the UK National Storage Mechanism a copy of its AGM Notice in accordance with LR 9.6.1R. The documents will shortly be available for inspection through the National Storage Mechanism at www.hemscott.com/nsm.do \n For further information:\nGem Diamonds Limited\nJuliet Kirk, Assistant Company Secretary \nTel: +44 (0) 203 0430 2080\nBell Pottinger \nDaniel Thöle / Anna Legge\nTel: +44 (0) 203 772 2500\n \nABOUT GEM DIAMONDS:\nGem Diamonds is a leading global diamond producer of world class, high-value diamonds. The Letšeng mine is renowned for the production of large, top colour, exceptional white diamonds, making it the highest average dollar per carat kimberlite diamond mine in the world. Since Gem Diamonds acquired the Letšeng mine in 2006, it has produced four of the 20 largest white gem quality diamonds ever recorded.\nGem Diamonds has a growth strategy based on enhancing the operational efficiencies of Letšeng and developing the Ghaghoo mine, whilst maintaining its strong balance sheet. The Company seeks to maximise revenue and create additional margin from its rough diamond production through the Group's expanded sales, marketing and manufacturing capabilities. With favourable supply/demand dynamics expected to benefit the industry over the medium to long term, particularly at the high end of the market supplied by Gem Diamonds, this strategy positions the Company well to generate attractive returns for shareholders in the coming years.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END NOAZMGZDMKVGVZM\n ","leng...