REG-Petra Diamonds: Director/PDMR Shareholding

Petra DiamondsAnnouncement

16/12/2021 12:45

   

 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.



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