Petra Diamonds
Limited
(Petra or the
Company)
Listing Rule
9.6.14(R) Disclosure
Petra announces, in accordance with LR9.6.14(R), that
Alexandra Watson, Non-Executive
Director of the Company, has been appointed as an independent
non-executive director of ADvTECH Limited, a South African company
listed on the Johannesburg Stock Exchange, with such appointment to
take effect from 1 November 2022.
~ Ends ~
Petra Diamonds,
London
Telephone: +44 20
7494 8203
Patrick
Pittaway
investorrelations@petradiamonds.com
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 (the Finsch, Cullinan and Koffiefontein Mines) 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. 226.6 million carats,
which supports the potential for long-life operations.
Petra strives to conduct 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”. 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.