Petra Diamonds Ltd.

Management Reports • Nov 28, 2013

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RNS Number : 1787U

Petra Diamonds Limited

28 November 2013

28 November 2013	LSE: PDL

Petra Diamonds Limited

("Petra" or the "Company" or the "Group")

Result of Annual General Meeting

Petra Diamonds Limited today held its Annual General Meeting ("AGM") and is pleased to confirm that all resolutions proposed to shareholders were duly passed. A summary of the proxy voting for the AGM is set out below and is available on the Company's website.

Resolutions	Votes for (incl. discretionary)	% of Votes cast	Votes against	% of Votes Cast	Total Votes Cast	Votes Withheld
1. To receive the Financial Statements of      the Company for the year ended 30     June 2013, together with the Reports     of the Directors and Auditors thereon.	302,147,852	99.99	772	0.01	302,148,624	37,070
2. To approve the Directors'        remuneration Report for the year      ended 30 June 2013.	294,535,633	99.51	1,437,990	0.49	295,973,623	6,212,071
3. To re-appoint BDO LLP as auditors to     act as such until the conclusion of the     next AGM of the Company.	302,184,422	99.99	1,272	0.01	302,185,694	-
4. To authorise the Directors of the     Company to fix the remuneration of the Auditors	302,182,776	99.99	1,264	0.01	302,184,040	1,654
5. To re-appoint Mr Adonis Pouroulis,     who retires in accordance with the     Company's Bye-Laws, as a Director of the Company.	288,731,005	96.22	11,345,662	3.78	300,076,667	2,109,027
6. To re-appoint Mr Christoffel Johannes     Dippenaar, who retires in accordance     with the Company's Bye-Laws, as a     Director of the Company.	294,318,289	98.05	5,866,801	1.95	300,185,090	2,000,604
7. To re-appoint Mr David Gary Abery,      who retires in accordance with the      Company's Bye-Laws, as a Director of the Company.	293,360,581	97.73	6,824,009	2.27	300,184,590	2,001,104
8. To re-appoint Mr James Murry        Davidson, who retires in accordance      with the Company's Bye-Laws, as a      Director of the Company.	292,909,930	97.58	7,275,160	2.42	300,185,090	2,000,604
9. To re-appoint Mr Anthony Carmel      Lowrie, who retires in accordance with the Company's Bye-Laws, as a      Director of the Company.	294,434,419	98.08	5,750,171	1.92	300,184,590	2,001,104
10. To re-appoint Dr Patrick John  Bartlett, who retires in accordance with the Company's Bye-Laws, as a Director       of the Company.	294,434,911	98.08	5,750,179	1.92	300,185,090	2,000,604

11.  To re-appoint Mr Alexander Gordon        Kelso Hamilton, who retires in        accordance with the Company's        Bye-Laws, as a Director of the        Company.	294,434,419	98.08	5,750,671	1.92	300,185,090	2,000,604
12. To increase the Company's        authorised share capital (ordinary        shares of £0.10 each) from         £65,000,000 to £75,000,000.	302,129,002	99.98	55,198	0.02	302,184,200	1,494
13. To authorise the Directors of the        Company to allot Relevant Securities within the meaning of Bye-Law 2.4 of the Company's Bye-Laws.	302,149,697	99.99	2,259	0.01	302,151,956	33,738
14. To disapply the pre-emption        provisions of Bye-Law 2.5(a)        pursuant to Bye-Law 2.6(a)(i) of the        Company's Bye-Laws.	302,143,018	99.99	39,667	0.01	302,182,685	3,009

Notes:

1. Votes "For" and "Against" are expressed as a percentage of votes received.

2. A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes "For" or "Against" a resolution.

3. Total number of ordinary shares in issue as at 5pm on 26 November 2013 was 511,886,048. Votes were cast in respect of 302,184,422 shares, being 59.0% of shares in issue.

In accordance with LR 9.6.2R the full text of resolution 11 has been submitted to the National Storage Mechanism and will be available for inspection at www.Hemscott.com/nsm.do.

~ Ends ~

For further information, please contact:

Petra Diamonds (Corporate Communications)	Telephone: +44 20 7494 8203
Cathy Malins	[email protected]

Buchanan (PR Adviser)	Telephone: +44 20 7466 5000
Cornelia Browne Bobby Morse Louise Mason	[email protected] [email protected] [email protected]

RBC Capital Markets (Joint Broker)	Telephone: +44 20 7653 4000
Matthew Coakes Jonathan Hardy	[email protected] [email protected]

Canaccord Genuity Limited (Joint Broker)	Telephone: +44  20 7523 8000
Ryan Gaffney	[email protected]
Chris Fincken	[email protected]

About Petra Diamonds Limited

Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in six producing mines: five in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground and Helam) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana.

Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to 5 million carats by FY 2019. The Group has a major resource base in excess of 300 million carats.

Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a member of the FTSE 250.

For more information, visit the Company's website at www.petradiamonds.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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