REG-Petra Diamonds Limited: Result of AGM

Petra DiamondsAnnouncement

Yesterday 13:30

27    November    2025  LSE: PDL  

Petra Diamonds Limited                    
          (                     Petra                     or the              
       Company                    )

Results of Annual General Meeting

Petra Diamonds Limited announces that, at its Annual General Meeting (        
            AGM                    ) held earlier today, all resolutions set
out in the Notice of AGM put to the AGM were passed by the requisite majority.
Resolution 6 was withdrawn following Mr Pryor’s recent decision to resign to
focus time on his executive roles.

The full text of each resolution is contained in the Notice of AGM, which is
available on the Company's website at                                 
https://www.petradiamonds.com/investors/shareholders/meetings/                
              .

Each of the resolutions put to the Annual General Meeting was voted on by way
of a poll and the results are set out below.

 Resolutions                                                                                                                                                                                   Votes for (incl discretionary)  % of Votes cast  Votes against  % of Votes Cast  Total Votes Withheld  
 ORDINARY RESOLUTIONS                                                                                                                                                                                                                                                                                 
 1.      To receive the Financial Statements of the Company for the year ended 30 June 2025, together with the Reports of the Directors and Auditors (the  Annual Report  ).                   138,567,355                     99.99            2,036          0.01             -                     
 1.      To approve the Directors’ Annual Remuneration Report for the year ended 30 June 2025, as contained in the Annual Report.                                                              138,567,055                     99.99            2,336          0.01             -                     
 1.      To re-appoint BDO LLP as auditors to hold office until the conclusion of the next AGM of the Company.                                                                                 109,444,050                     78.98            29,125,341     21.02            -                     
 1.      To authorise the Directors of the Company to fix the remuneration of the auditors.                                                                                                    138,567,355                     99.99            2,036          0.01             -                     
 1.      To re-elect Mr José Manuel Vargas, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.                                                               136,310,159                     98.37            2,259,232      1.63             -                     
 1.      To re-elect Mr Bernard Robert Pryor, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.                                                             Resolution withdrawn                                                                                   
 1.      To re-elect Ms Deborah Gudgeon, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.                                                                  136,310,159                     98.37            2,259,232      1.63             -                     
 1.      To re-elect Ms Lerato Molebatsi, who retires in accordance with the Company’s Bye-Laws, as a Director of the Company.                                                                 138,567,048                     99.99            2,343          0.01             -                     
 1.      To elect Mr Kushal Kumar as a Director of the Company.                                                                                                                                138,567,055                     99.99            2,336          0.01             -                     
 1.      On an advisory basis, to support the continuation of the appointment of Mr Amre Youness as a Board Observer from 1 May 2024, entitling him to attend but not vote at Board meetings.  137,363,298                     99.13            1,206,093      0.87             -                     

 

Notes

 

1. The Board notes that although resolution 3 passed, it had a significant
number of votes cast against. The Board will continue its ongoing dialogue
with Shareholders and consult as appropriate to fully understand any concerns
in relation to this resolution. In accordance with Section 1, Provision 4 of
the 2024 UK Corporate Governance Code, the Board shall provide an update on
these engagements within six months of the AGM.

 

 

~ Ends ~

 

For further information, please contact:

 

 

Petra Diamonds, London

Julia Stone

Kelsey Traynor

Telephone: +44 (0)7495470187

investorrelations@petradiamonds.com

 

 

 

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 two underground
mines in                     South Africa                     (Cullinan Mine
and Finsch).

 

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
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's Ordinary Shares are admitted to the equity shares (commercial
companies) category of the FCA's Official List and are admitted to trading on
the Main Market of the                     London Stock Exchange            
        under the ticker "PDL". The Company's loan notes, due in 2026, are
listed on Euronext Dublin (Irish Stock Exchange). For more information, visit 
                                          www.petradiamonds.com

 

 

 

 

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