REG-Petra Diamonds: Notification of FY 2020 Trading Update

Petra DiamondsAnnouncement

16/07/2020 07:05

16 July 2020   LSE: PDL 

Petra Diamonds Limited

Notification of FY 2020 Trading Update

Petra Diamonds Limited announces that its forthcoming FY 2020 Trading Update,
which will include production and sales results for the year to 30 June 2020,
will be announced on Thursday 23 July 2020.

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For further information, please contact:

Petra Diamonds,
London                                        
Telephone: +44 20 7494 8203

Cathy Malins

Des Kilalea     

Marianna Bowes 
                                          
            investorrelations@petradiamonds.com

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and a consistent
supplier of gem quality rough diamonds to the international market. The
Company has a diversified portfolio incorporating interests in three
underground producing mines in South Africa (Finsch, Cullinan and
Koffiefontein) and one open pit producing mine in Tanzania (Williamson). Petra
also conducts a limited exploration programme in Botswana and South Africa.

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. 250 million carats, which supports the potential for long-life
operations.

Petra conducts all operations according to the highest ethical standards and
will only operate 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' and is a constituent of the FTSE4Good Index.
The Company’s US$650 million loan notes due in 2022 are listed on the Global
Exchange market of the Irish Stock Exchange. For more information, visit
www.petradiamonds.com.



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