Petra Diamonds Limited Special Tender of Exceptional 20.08ct Blue Diamond (8698O)
07 Octubre 2019 - 01:00AM
UK Regulatory
TIDMPDL
RNS Number : 8698O
Petra Diamonds Limited
07 October 2019
7 October 2019
Petra Diamonds Limited
("Petra" or the "Company")
Announcement of Special Tender of Exceptional 20.08ct Blue
Diamond
Petra Diamonds Limited announces a special tender of the
exceptional 20.08 carat blue diamond recovered from the Cullinan
mine in South Africa in September 2019. Viewings will take place
from Friday 1 - Thursday 7 November 2019 at Petra's diamond
marketing offices in Johannesburg.
Appointments to view the stone can be made by contacting either
of the following:
Greg Stephenson, Group Head of Sales and Marketing
Tel: +27 836 379 849
Email: Greg.Stephenson@petradiamonds.com
Stephanie Hulett, Sales and Marketing
Tel: +27 716 722 570
Email: Stephanie.Hulett@petradiamonds.com
The tender will then follow from Friday 8 - Friday 15 November
2019 at the Diamond Exchange and Export Centre ("DEEC"). Viewing of
the stone during this period will be facilitated by the DEEC and
bookings can be made by contacting them directly on +27 11 223
7077.
The tender will close on Friday 15 November 2019 at 12:00pm.
Photos of the diamond can be viewed on the Company's website:
https://www.petradiamonds.com/media/image-library/diamonds/
Ends
For further information, please contact:
Petra Diamonds, London Telephone: +44 20 7494 8203
Cathy Malins
Des Kilalea
Marianna Bowes investorrelations@petradiamonds.com
Buchanan Telephone: +44 20 746 5000
(PR Adviser)
Bobby Morse
Ariadna Peretz pdl@buchanan.uk.com
About Petra Diamonds Limited
Petra Diamonds is a leading independent diamond mining group and
a consistent supplier of gem quality rough diamonds to the
international market. The Company has a diversified portfolio
incorporating interests in three underground producing mines in
South Africa (Finsch, Cullinan and Koffiefontein) and one open pit
producing mine in Tanzania (Williamson). Petra also conducts a
limited exploration programme in Botswana and South Africa.
Petra's strategy is to focus on value rather than volume
production by optimising recoveries from its high-quality asset
base in order to maximise their efficiency and profitability. The
Group has a significant resource base of ca. 250 million carats,
which supports the potential for long-life operations.
Petra conducts all operations according to the highest ethical
standards and will only operate in countries which are members of
the Kimberley Process. The Company aims to generate tangible value
for each of its stakeholders, thereby contributing to the
socio-economic development of its host countries and supporting
long-term sustainable operations to the benefit of its employees,
partners and communities.
Petra is quoted with a premium listing on the Main Market of the
London Stock Exchange under the ticker 'PDL' and is a constituent
of the FTSE4Good Index. The Company's US$650 million loan notes due
in 2022 are listed on the Global Exchange market of the Irish Stock
Exchange. For more information, visit www.petradiamonds.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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