Petra Diamonds Ltd.

Regulatory Filings • May 28, 2019

National Storage Mechanism | Additional information

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RNS Number : 3506A

Petra Diamonds Limited

28 May 2019

28 May 2019	LSE: PDL

Petra Diamonds Limited

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

Appointment of Brokers

Petra Diamonds is pleased to announce the appointment of Peel Hunt LLP and Tamesis Partners LLP as joint brokers to the Company alongside existing brokers Barclays Bank PLC and BMO Capital Markets Limited with immediate effect. 

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For further information, please contact:

Petra Diamonds, London                                         Telephone: +44 20 7494 8203

Marianna Bowes                                                         [email protected] 

Des Kilalea                                                                 

Salisha Ilyas 

Buchanan                                                                  Telephone: +44 20 7466 5000

(PR Adviser)                                                               [email protected] 

Bobby Morse

Chris Judd

Ariadna Peretz

Peel Hunt                                                                   Telephone: +44 20 7418 8900

Ross Allister                                                               

James Bavister                                                                      

Tamesis Partners                                                     Telephone: +44 20 3882 2868

Richard Greenfield                                                    

James Bavister

Barclays                                                                    Telephone: +44 20 7623 2323

Rob Mayhew

Edward Hill 

BMO Capital Markets Limited                                Telephone: +44 20 7236 1010

Jeff Couch

Thomas Rider

Neil Elliot

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, which is currently under review.

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. 290 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. For more information, visit www.petradiamonds.com.

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