21st Dec 2011 07:15
21 December 2011 | LSE: PDL |
Petra Diamonds Limited
("the Company")
Application for Block Listing
Application has been made to the UK Listing Authority for the admission to the Official List of a Block Listing of 27,717,259 new ordinary shares of 10p each in Petra Diamonds Limited and to the London Stock Exchange for such Block Listed shares to be admitted to trading.
The application is being made in respect of shares to be issued under the following warrants and share option schemes:
IFC 2010 Warrants | 6,300,000 |
RMB 2010 Warrants | 2,100,000 |
1997 Share Option Scheme | 1,148,750 |
2005 Share Option Scheme | 18,168,509 |
When issued, the shares will rank paripassu in all respects with the existing ordinary shares of the Company.
For further information, please contact:
Petra Diamonds, London | Telephone: +44 20 7318 0452 |
Cathy Malins |
Buchanan (PR Adviser) | Telephone: +44 20 7466 5000 |
Bobby Morse James Strong |
RBC Capital Markets (Joint Broker) | Telephone: +44 20 7653 4000 |
Joshua Critchley | |
Martin Eales |
Canaccord Genuity Limited (Joint Broker) | Telephone: +44 20 7050 6500 |
Rob Collins | |
Andrew Chubb |
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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 a well-diversified portfolio, with interests in eight producing mines: seven in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson).
Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to over 5 million carats by FY 2019. The Group has a major resource base in excess of 300 million carats.
Petra conducts all its operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process.
For more information, visit the Company's website atwww.petradiamonds.com.
Related Shares:
Petra Diamonds