RESULT OF ANNUAL GENERAL MEETING

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Tuesday, 5 June 2018

At the Company's Annual General Meeting held at Linklaters LLP, One Silk Street London EC2Y 8HQ, on the 5th June 2018 at 09.30am. All resolutions were decided by poll.

All the resolutions were duly passed. The results of the poll incorporating proxy votes lodged in advance of the meeting are set out below: -

ORDINARY RESOLUTIONS FOR FOR
(% of shares voted)
AGAINST AGAINST
(% of shares voted)
WITHHELD
           
RESOLUTION  1
Report and Accounts
116,526,156 99.62% 449,751 0.38% 1,286,457
RESOLUTION 2
Annual Report on Directors’ Remuneration
104,469,202 98.49% 1,598,639 1.51% 12,194,523
RESOLUTION 3
Re-appointment of Auditors
104,330,293 96.70% 3,558,608 3.30% 10,373,463
RESOLUTION 4
Remuneration of Auditors
116,975,908 98.91% 1,286,457 1.09% 0
RESOLUTION 5
Election of Mr Harry Kenyon-Slaney as a Director
113,457,458 96.11% 4,597,306 3.89% 207,600
RESOLUTION 6
Election of Mr Mike Brown as a Director
118,262,365 100.00% 0 0.00% 0
RESOLUTION 7
Re-election of Mr Michael Lynch-Bell as a Director
112,724,875 95.32% 5,537,489 4.68% 0
RESOLUTION 8
Re-election of Mr Clifford Elphick as a Director
105,631,812 89.32% 12,630,553 10.68% 0
RESOLUTION 9
Re-election of Mr Michael Michael as a Director
118,099,376 99.86% 162,989 0.14% 0
RESOLUTION 10
Authority to allot shares
108,328,858 91.60% 9,933,507 8.40% 0
SPECIAL RESOLUTIONS  
   
RESOLUTION 11
Disapplication of standard pre-emption rights
108,328,845 91.60% 9,933,520 8.40% 0
RESOLUTION 12
Disapplication of additional pre-emption rights
106,032,253 89.66% 12,230,111 10.34% 0
RESOLUTION 13
Purchase of own shares
115,991,113 98.08% 2,271,251 1.92% 0
  1. All resolutions were passed.
  2. Votes “For” and “Against” are expressed as a percentage of votes received.
  3. A “Vote withheld” is not a vote in law and is not counted in the calculation of the % of shares voted “For” or “Against” a resolution.
  4. The total voting rights of the Company on 5 June 2018 is 138,737,444 Ordinary Shares of US$ 0.01 each. The Company holds no Ordinary Shares in Treasury.
  5. In accordance with LR 9.6.2, copies of the resolutions passed as special business will be submitted to the National Storage Mechanism website and will be available for inspection at www.morningstar.co.uk/uk/NSM.
  6. These poll results will be available shortly on the Company’s website

The Gem Diamonds Limited LEI number is 213800RC2PGGMZQG8L67

For further information:

Gem Diamonds
Susan Wallace, Company Secretarial department
Tel: +44 (0) 203 043 0280
ir@gemdiamonds.com

Celicourt Communications
Mark Antelme / Jimmy Lea
Tel: +44 (0) 207 520 9261

About Gem Diamonds:
Gem Diamonds is a leading global diamond producer of high value diamonds. The Company owns 70% of the Letšeng mine in Lesotho and 100% of the Ghaghoo mine in Botswana. The Letšeng mine is famous for the production of large, top colour, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world. www.gemdiamonds.com

Download: 2018agmresults.pdf