Petra Diamonds Ltd - Completion of Share Consolidation & TVR
PR Newswire
London, November 29
| 30 November 2021 | LSE:PDL |
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.
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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.
