| 16 December 2021 |
LSE: PDL |
Petra Diamonds
Limited
(“Petra”, “the Company” or “the
Group”)
Notification and public disclosure of transactions by
Director/PDMR Shareholding
The Company was notified on
16 December 2021 of the purchase of
shares in the Company by Peter Hill,
Non-Executive Chairman of Petra Diamonds Limited.
Peter Hill, Non-Executive
Chairman, today purchased 140,000 ordinary shares of 0.05 pence each ("Shares") in the Company at an
average price of 70.35 pence per
Share. As a result of this trade, Peter
Hill now holds 140,000 Shares representing approximately
0.07% of the Company's issued share capital.
|
Details of the person
discharging managerial responsibilities / person closely
associated |
|
Name |
Peter Hill |
|
Reason for the
notification |
|
Position/status |
Non-Executive Chairman |
|
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) |
| 70.35p |
140,000 |
|
|
Aggregated
information |
140,000
£98,490 |
|
Date of the transaction |
16 December 2021 |
|
Place of the transaction |
London Stock Exchange, Main Market
(XLON) |
~ Ends ~
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 (subject to temporary suspension) on the Irish Stock
Exchange and admitted to trading on the Global Exchange Market. For
more information, visit www.petradiamonds.com.