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Block Admission and Block Admission Return

17th Mar 2010 07:00

RNS Number : 6809I
Petra Diamonds Ld
17 March 2010
 



 

 

 

 

 

Immediate Release 17 March 2010

 

Petra Diamonds Limited

("Petra" or the "Company")

 

Block Admission and Block Admission Return

 

 

Name of company:

Petra Diamonds Limited

Name of scheme:

Petra Diamonds Limited 2005 Share Option Plan

Period of return:

From 14 December 2007 to 17 March 2010

Number of shares not issued under scheme at the end of the last period:

71,000

Number of shares issued under scheme during period:

0

Number of shares cancelled under the scheme during period:

0

Balance under scheme not yet issued at end of period:

71,000

Number and class of shares originally admitted under scheme and the date of admission:

100,000

14 June 2007

 

Petra has made an application to the AIM Market of the London Stock Exchange for the block admission of up to 3,000,000 additional ordinary shares of £0.10 each in the Company to satisfy obligations under the Company's 2005 Share Option Plan. These shares will be allotted and issued in due course in accordance with the rules of the option plan and will rank pari passu in all respects with the existing ordinary shares in issue.

 

The Company currently has 352,569,186 ordinary shares of £0.10 each in issue. 

 

 

Ends

 

 

For further information, please contact:

 

Bobby Morse / Katharine Sutton

Telephone: +44 20 7466 5000

Buchanan Communications

[email protected]

[email protected]

 

Nicola Taylor

Telephone: +27 11 880 3924

Russell & Associates

[email protected]

 

Ryan Gaffney / Andrew Chubb

Telephone: +44 20 7050 6500

Canaccord Adams

(NOMAD and Joint Broker)

[email protected]

 

Joshua Critchley / Martin Eales

Telephone: +44 20 7653 4000

RBC Capital Markets

(Joint Broker)

[email protected]

[email protected]

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Petra Diamonds
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