FMR Reduces Stake In Gem Diamonds To Below 5% (ALLISS)

LONDON (Alliance News) - Diamond mining company Gem Diamonds Ltd said on Tuesday FMR LLC cut ...

Alliance News 13 February, 2018 | 5:10PM
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LONDON (Alliance News) - Diamond mining company Gem Diamonds Ltd said on Tuesday FMR LLC cut its stake in the company below the 5% notifiable threshold in a transaction on Monday.

Prior to Monday's transaction, FMR held a 5.1% holding in Gem Diamonds.

Gem Diamonds shares closed down 1.6% on Tuesday at 86.60 pence.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Gem Diamonds Ltd 113.98 GBX -1.10 -
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