Petra Diamonds Director/PDMR Shareholding
May 30 2022 - 2:00AM
UK Regulatory
TIDMPDL
30 May 2022
Petra Diamonds Limited
("Petra", the "Group" or the "Company")
Notification and public disclosure of transactions by Director/PDMR
Shareholding
The Company was notified on 27 May 2022 of the purchase of shares in the
Company by Mr Bernard Pryor, Non-Executive Director of Petra Diamonds Limited.
Mr Pryor, a Non-Executive Director and Chair of Petra's Health and Safety
Committee, purchased 13,000 ordinary shares of 0.05 pence each (the "Shares")
in the Company on 27 May 2022 at an average price of 111.75 pence per Share. As
a result of this trade, Mr Pryor now holds 13,000 Shares representing
approximately 0.007% of the Company's issued share capital.
Details of the person discharging managerial responsibilities / person closely
associated
Name Bernard Pryor
Reason for the notification
Position/status Non-Executive Director
Initial notification/Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Petra Diamonds Limited
LEI 213800X4QZIAVSA12860
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
Description of the Financial Ordinary shares of 0.05p per share par
instrument, type value
of instrument
Identification code
BMG702782084
Nature of the transaction Purchase of ordinary shares
Price(s) and volume(s) Price(s) Volume(s)
111.75p 13,000
Aggregated information
13,000
£14,527.50
Date of the transaction 27 May 2022
Place of the transaction London Stock Exchange, Main Market
(XLON)
Ends
For further information, please contact:
Petra Diamonds, London
Telephone: +44 20 7494 8203
investorrelations@petradiamonds.com
Jill Sherratt
Patrick Pittaway
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.
END
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