Petra Diamonds
Limited
(Petra, the Company
or the
Group)
Notification and public disclosure of transactions by
Directors/PDMR shareholding
The Company was notified on 7
August 2024 of the purchase of shares in the Company by
Varda Shine, Non-Executive Chair and
Richard Duffy, Chief Executive
Officer of Petra Diamonds Limited.
Ms Shine purchased 32,671 ordinary shares
of 0.05 pence each in the Company at an average price
of 30 pence per share. As a result of these
trades, Ms Shine now holds 57,426 shares in the Company,
representing approximately 0.03% of the Company's issued share
capital.
Mr Duffy purchased 80,879 ordinary shares
of 0.05 pence each in the Company at an average price
of 30 pence per share. Following this trade, Mr Duffy's
aggregate interest in the Company is 960,872 shares,
representing approximately 0.49% of the Company's issued share
capital.
|
1. |
Details of the person discharging managerial
responsibilities / person closely
associated |
|
a. |
Name |
Varda
Shine |
|
2. |
Reason for the
notification |
|
a. |
Position/status |
Non-Executive Director
(Chair) |
|
b. |
Initial
notification/Amendment |
Initial
Notification |
|
3. |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
|
a. |
Name |
Petra Diamonds
Limited |
|
b. |
LEI |
213800X4QZIAVSA12860 |
|
4. |
Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have been
conducted |
|
a. |
Description of the Financial instrument,
typeof
instrumentIdentification
code |
Ordinary shares of 0.05p per
shareBMG702782084 |
|
b. |
Nature of the
transaction |
Purchase of ordinary
Shares |
|
c. |
Price(s) and
volume(s) |
|
Price(s) |
Volume(s) |
|
30.035p |
19,665 |
|
30.060p |
13,006 |
|
|
d. |
Aggregated
information
|
32,671
£9,850 |
|
e. |
Date of the
transaction |
7 August
2024 |
-
-
|
Place of the
transaction |
London Stock Exchange,
Main Market
(XLON) |
|
1. |
Details of the person discharging managerial
responsibilities / person closely
associated |
|
a. |
Name |
Richard
Duffy |
|
2. |
Reason for the
notification |
|
a. |
Position/status |
Executive Director (Chief Executive
Officer) |
|
b. |
Initial
notification/Amendment |
Initial
Notification |
|
3. |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
|
a. |
Name |
Petra Diamonds
Limited |
|
b. |
LEI |
213800X4QZIAVSA12860 |
|
4. |
Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have been
conducted |
|
a. |
Description of the Financial instrument,
typeof
instrumentIdentification
code |
Ordinary shares of 0.05p per share par
valueBMG702782084 |
|
b. |
Nature of the
transaction |
Purchase of ordinary
Shares |
|
c. |
Price(s) and
volume(s) |
|
Price(s) |
Volume(s) |
|
29.8721p |
80,879 |
|
|
d. |
Aggregated
information
|
80,879
£ 24,160.24 |
|
e. |
Date of the
transaction |
7 August
2024 |
-
-
|
Place of the
transaction |
Limit order dealt off
exchange
(XOFF) |
~ Ends
~
For further information,
please contact:
Investor Relations,
London
Telephone:
+44 20 7494
8203
Patrick
Pittaway
investorrelations@petradiamonds.com
Kelsey Traynor
About Petra Diamonds
Limited
a 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 mines in South
Africa (Cullinan Mine, Finsch and Koffiefontein) and one open
pit mine in Tanzania (Williamson). The Koffiefontein mine
is currently on care and maintenance in preparation for a possible
sale following the execution of a definitive sales agreement as
announced on 8 April
2024.
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 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 loan 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.