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 instrument, type
of instrument
Identification code |
Ordinary shares of 0.05p per share par value
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.