August 19, 2016

Potential Transaction & Suspension of Trading on AIM

19 August 2016


Stellar Diamonds plc

(“Stellar” or the “Company”)

Potential Transaction

& Suspension of Trading on AIM

Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that the Company’s ordinary shares will be suspended from trading on AIM with effect from 07.30 a.m. this morning pending announcement of a potential transaction (“Potential Transaction”), which, if completed, would be classified as a Reverse Takeover under the AIM Rules for Companies and would require the publication of an admission document and also be subject to shareholder approval. There is no guarantee that the Potential Transaction will be completed.

Accordingly, trading in the Company’s shares on AIM will be suspended until either an admission document is published or the Company announces that the Potential Transaction will no longer be proceeding.

The Company intends to make a further announcement in respect of the Potential Transaction in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

About Stellar Diamonds plc

Stellar is an AIM listed (AIM: STEL) West African focused diamond company with projects at the trial mining and mine development stages in Guinea and Sierra Leone.

** ENDS **

For further information contact the following or visit the Company’s website at

Karl Smithson, CEO

Philip Knowles, CFO

Stellar Diamonds plc

Stellar Diamonds plc

Tel: +44 (0) 20 7010 7686

Tel: +44 (0) 20 7010 7686

Jon Belliss Beaufort Securities Limited (Joint Broker) Tel: +44 (0) 20 7382 8300
Emma Earl

Sandy Jamieson

Cairn Financial Advisers (Nominated Adviser) Tel: +44 (0) 20 7148 7900
Lottie Brocklehurst

Hugo de Salis

St Brides Partners Ltd Tel: +44 (0) 20 7236 1177