5th May 2011 16:04
5 May 2011 | AIM: PDL |
Petra Diamonds Limited
(the "Company")
Exercise of Warrants and Block Admission
Petra Diamonds Limited has applied to AIM for the admission to trading of 125,000 new ordinaryshares of £0.10 each in the capital of the Company following an exercise of warrants. These new shares will rank pari passu with the Company's existing ordinary shares and dealings are expected to commence at 8.00 a.m. on Wednesday, 11 May 2011. Following the admission of these shares, the Company will have a total of 497,800,676 ordinary shares of £0.10 each in issue.
Petra has made an application to the AIM market of the London Stock Exchange for the block admission of up to 11,739,259 additional ordinary shares of £0.10 each in the Company in order to satisfy obligations regarding other outstanding warrants previously issued by the Company. These shares will be allotted and issued in due course in accordance with the applicable warrant agreements and will rank pari passu in all respects with the existing ordinary shares in issue.
For further information, please contact:
Petra Diamonds Ltd, London | Telephone: +44 20 7318 0452 |
Cathy Malins |
Buchanan Communications (PR Adviser) | Telephone: +44 20 7466 5000 |
Bobby Morse Katharine Sutton |
Canaccord Genuity Limited (NOMAD and Joint Broker) | Telephone: +44 20 7050 6500 |
Andrew Chubb | |
Ryan Cohen |
RBC Capital Markets (Financial Adviser and Joint Broker) | Telephone: +44 20 7653 4000 |
Joshua Critchley | |
Martin Eales |
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Related Shares:
Petra Diamonds