Petra Diamonds
Limited
("Petra" or the "Company")
Completion of
Share Consolidation and Announcement of Total Voting Rights
Further to the announcement on 19
November 2021 that shareholder approval was granted at the
Annual General Meeting for a Share Consolidation, Petra is pleased
to announce that the Company's Share Consolidation became effective
on 29 November 2021.
Admission of the Company's New Ordinary Shares to the premium
listing segment of the Official List of the Financial Conduct
Authority and to trading on the London Stock Exchange's Main Market
for listed securities took place on 29
November 2021.
The ISIN for the New Ordinary Shares is BMG702782084.
As a result of the Share Consolidation and in accordance with
the requirements of the FCA's Disclosure Guidance and Transparency
Rule 5.6.1A, the Company hereby notifies the market that the
Company's issued share capital as at 29
November 2021 consisted of 194,201,785 ordinary shares of
0.05 pence each. The Company
does not hold any shares in treasury. Therefore, the total
number of voting rights in the Company as at 29 November was
194,201,785 shares.
The above figure may be used by shareholders and others with
notification obligations as their denominator for the calculations
by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
Capitalised terms not otherwise defined in this Announcement
have the same meaning given to them in the notice of Annual General
Meeting published by the Company on 12
October 2021.
~ Ends ~
For further information, please
contact:
Petra Diamonds,
London
Telephone: +44 20 7494 8203
Cathy
Malins
investorrelations@petradiamonds.com
Des Kilalea
Julia Stone
About Petra Diamonds Limited
Petra Diamonds is a leading independent diamond mining group and
a supplier of gem quality rough diamonds to the international
market. The Company’s portfolio incorporates 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. 230 million carats,
which supports the potential for long-life operations.
Petra strives to conduct all operations according to the highest
ethical standards and only operates 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$336.7 million notes due in 2026
are listed on the Irish Stock Exchange and admitted to trading on
the Global Exchange Market. For more information, visit
www.petradiamonds.com.