Petra Diamonds Limited Vesting of Share Awards (9961Q)
24 Octubre 2019 - 4:00AM
UK Regulatory
TIDMPDL
RNS Number : 9961Q
Petra Diamonds Limited
24 October 2019
24 October 2019 LSE: PDL
Petra Diamonds Limited
("Petra," or the "Company")
Vesting of Share Awards
Following the vesting of shares in respect of the Company's
deferred awards under the 2012 Performance Share Plan, application
has been made to the UK Listing Authority and the London Stock
Exchange plc for 94,858(1,2) ordinary shares of 10p each in the
Company ("Shares") to be admitted to the Official List.
The Shares will rank pari passu with the Company's existing
ordinary shares and dealings are expected to commence at 8.00am on
29 October 2019.
Following admission of the Shares, the Company will have a total
of 865,431,343 ordinary shares in issue.
1- Includes 62,304 shares to be issued to the previous Chief
Executive under the terms of the 2012 Performance Share Plan as
part of his settlement agreement as further disclosed in the 2019
Annual Report.
2- Includes 32,554 shares to be issued to the previous Technical
Director, under the terms of the 2012 Performance Share Plan as
part of his settlement agreement as further disclosed in the 2018
Annual Report.
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
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contact rns@lseg.com or visit www.rns.com.
END
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