Petra Diamonds Listing Rule 9.6.14(R) Disclosure
06 Agosto 2021 - 09:53AM
UK Regulatory
TIDMPDL
6 August 2021 LSE: PDL
Petra Diamonds Limited
("Petra" or the "Company" or the "Group")
Listing Rule 9.6.14(R) Disclosure
Petra Diamonds Limited announces in accordance with LR9.6.14(R) that Professor
Alexandra (Alex) Watson, Non-Independent, Non-Executive director of the Company
has been appointed as the Independent Non-Executive Chairperson of Coronation
Fund Managers Limited in South Africa with effect from 10 August 2021.
Ends
Petra Diamonds, London
Telephone: +44 20 7494 8203
Marianna
Bowes
investorrelations@petradiamonds.com
Des Kilalea
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 mine in Tanzania (Williamson).
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. 243 million carats, which supports the potential for long-life
operations.
Petra strives to conduct 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'. The Company's US$337m loan notes due in 2026
will be listed on the Global Exchange market of the Irish Stock Exchange. For
more information, visit www.petradiamonds.com.
END
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