Business
Result of EGM - Replacement
Result of EGM - Replacement.
About this update from Gem Diamonds Limited
[{"type":"text","content":"\n Gem Diamonds Limited\n16 October 2007\n\nThe following press release replaces Gem Diamonds RNS statement number 8174F\nreleased at 15.52 today. The change in this reissued release relates to the\ndate of the announcement of the proposed cash offer mentioned in the first\nline.\n\n\n\n\n16th October, 2007\n\n\n GEM DIAMONDS LIMITED\n ('Gem Diamonds' or the 'Company')\n\n\n Result of EGM\n\n\nFurther to the announcement by Gem Diamonds, on 19 July 2007 of its proposed\ncash offer for 100 per cent of the issued share capital of Kimberley Diamond\nCompany NL ('Kimberley'), the Board of Gem Diamonds announces that at its\nExtraordinary General Meeting, convened and held Linklaters LLP, One Silk\nStreet, London EC2Y 8HQ today, the 16th October 2007 at 3.30 p.m, the resolution\nto approve the acquisition of Kimberley, as outlined in the circular to\nshareholders dated 27 September 2007, was passed unanimously with 68.34% of the\nCompany's register voting.\n\n\n\nThe voting on the resolutions was as follows:\n\nVotes for 42,645,038\n\nVotes against NIL\n\nTotal Votes 42,645,038\n\n\n\nCopies of the resolution will shortly be available for inspection at the UKLA\nDocument Viewing Facility situated at: the Financial Services Authority, 25 The\nNorth Colonnade, Canary Wharf, London E14 5HS.\n\n\n\nFor further information:\n\nGem Diamonds Limited\nClifford Elphick\nTel: +44 203 043 0280\n\n\nGem Diamond Technical Services (Pty) Limited\nStephen Wetherall\nTel: +27 82 418 8735\n\n\nPelham PR\nCandice Sgroi\nTel: +44 207 743 6376\n\n\n\nAbout Gem Diamonds\n\n\nGem Diamonds is a diamond mining company with a balanced portfolio of a\nproducing kimberlite mine, two producing alluvial mines, development projects\nand long-term prospects. Established in July 2005, Gem Diamonds is pursuing an\naccelerated growth strategy and aims to become one of the world's leading\ndiamond companies. Gem Diamonds currently has one producing kimberlite mine,\nLetseng, in Lesotho, two producing alluvial mines - Cempaka in Indonesia and\nMbelenge in the Democratic Republic of Congo (DRC), a kimberlite development\nproject in Botswana, two development projects in the DRC, one in the Central\nAfrican Republic and an option to develop the Chiri kimberlite concession in\nAngola.\n\n\n\nThe Company recently made an offer to Kimberley Diamond Company's shareholders\nto...