Brief: Petra Diamonds Says S189A Process Expected To Result In C.$3m In Annualised Sustainable Savings
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BRIEF-Petra Diamonds Says S189A Process Expected To Result In C.$3m In Annualised Sustainable Savings Nov 4 (Reuters) - Petra Diamonds Ltd PDL.L:
PETRA DIAMONDS LIMITED: Q1 FY 2027 BUSINESS, STRATEGIC REVIEW AND OPERATING UPDATE
PETRA DIAMONDS: UNIT SECURES $20.0M REVOLVING ADVANCE PAYMENT FACILITY FROM DIAMANTAIRE OFFTAKER
PETRA DIAMONDS: SENIOR SECURED LENDER GRANTS 12-MONTH FORBEARANCE ON SPECIFIED DEFAULTS
PETRA DIAMONDS: Q1 TOTAL REVENUE AMOUNTED TO US$21 MILLION
PETRA DIAMONDS - 25 POSITIONS MADE REDUNDANT AND VARIABLE COST REDUCTIONS IMPLEMENTED FOLLOWING S189A PROCESS
PETRA DIAMONDS: OUTCOME OF S189A PROCESS IS EXPECTED TO RESULT IN C. US$3M IN ANNUALISED SUSTAINABLE SAVINGS
Source text: ID:nPRr44398a
Further company coverage: PDL.L
((Reuters.Briefs@thomsonreuters.com;))
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