27th Mar 2023 15:00
Petra Diamonds Ltd - diamond mines in South Africa and Tanzania - Appoints Lerato Molebatsi as an independent non-executive director, joining on Monday next week. Molebatsi currently is lead independent non-executive director of the South African Reserve Bank, in post at the central bank since 2019. Molebatsi also is a non-executive director of Johannesburg-listed restaurant franchise operator Spur Corp Ltd. As an executive, Molebatsi was chief executive officer of General Electric South Africa, part of the US's General Electric Co. Departing the Petra Diamonds board is Octavia Matloa, leaving at the end of June after serving as a non-executive director since 2014.
Current stock price: 72.50 pence, up 2.1% in London on Monday
12-month change: down 42%
By Tom Waite, Alliance News editor
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