REG-Petra Diamonds: Completion of Share Consolidation & TVR

Petra DiamondsAnnouncement

30/11/2021 07:05

30 November 2021   LSE:PDL 

Petra Diamonds Limited

("Petra" or the "Company")

Completion of Share Consolidation and Announcement of Total Voting Rights

Further to the announcement on 19 November 2021 that shareholder approval was
granted at the Annual General Meeting for a Share Consolidation, Petra is
pleased to announce that the Company's Share Consolidation became effective on
29 November 2021.

Admission of the Company's New Ordinary Shares to the premium listing segment
of the Official List of the Financial Conduct Authority and to trading on the
London Stock Exchange's Main Market for listed securities took place on 29
November 2021.

The ISIN for the New Ordinary Shares is BMG702782084.

As a result of the Share Consolidation and in accordance with the requirements
of the FCA's Disclosure Guidance and Transparency Rule 5.6.1A, the Company
hereby notifies the market that the Company's issued share capital as at 29
November 2021 consisted of 194,201,785 ordinary shares of 0.05 pence each. 
The Company does not hold any shares in treasury.  Therefore, the total
number of voting rights in the Company as at 29 November was 194,201,785
shares.

The above figure may be used by shareholders and others with notification
obligations as their denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the FCA's Disclosure Guidance and
Transparency Rules.

Capitalised terms not otherwise defined in this Announcement have the same
meaning given to them in the notice of Annual General Meeting published by the
Company on 12 October 2021.

~ 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 on the Irish Stock Exchange and admitted to trading on the
Global Exchange Market. For more information, visit www.petradiamonds.com.



Copyright (c) 2021 PR Newswire Association,LLC. All Rights Reserved