31st May 2005 10:51
Petra Diamonds Ld31 May 2005 Petra Diamonds Limited Merger with Crown Diamonds NL Petra Diamonds Limited (LSE: PDL), the AIM-quoted diamond mining group, wishesto bring to the attention of its shareholders an ASX announcement that was madetoday by Crown Diamonds NL ('Crown') (ASX: CRD). The text of the Crownannouncement is reproduced below. ******************************************************************************** Crown Diamonds NL (ACN: 050 541332) ASX ANNOUNCEMENT 31 MAY 2005 SUPREME COURT APPROVAL OF MERGER WITH PETRA The Board of Crown Diamonds NL is pleased to advise that the Supreme Court ofWestern Australia has today given orders approving the Schemes of Arrangementpassed by the Shareholders and Convertible Note holders at their respectivemeetings held on 25 May 2005. It is intended that these orders will be lodged with the Australian Securitiesand Investment Commission on 3 June 2005. The proposed timetable to effect the Schemes is as follows:- Last day for trading of Shares and Convertible Notes on the ASX 3 June 2005Record date for participation in the Schemes 10 June 2005Deferred settlement trading commences on ASX 14 June 2005Implementation date of Schemes 14 June 2005Dispatch of holding statements for Petra shares and amended convertible notes On or before 16 June 2005Normal trading commences for Petra shares and amended convertible notes on the ASX 17 June 2005 By Order of the Board Crown Diamonds NL ********************************************************************* For further information contact: David AberyDirector, Petra Diamonds LimitedSouth African officeTel: +27 11 467 6710 Cathy Malins / Annabel LeatherParkgreen Communications, LondonTel: +44 20 7493 3713 John BaillieDirector, Crown Diamonds NL, PerthTel: +61 8 9381 8888Fax: +61 8 9381 8333 Kevin SkinnerField Public Relations, PerthTel: +61 8 8234 9555Mobile: +61 414 822 631 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Petra Diamonds