5th Feb 2007 07:01
Petra Diamonds Ld05 February 2007 Petra Diamonds Limited Update - Removal from ASX Official List Petra Diamonds Limited ('Petra' or 'the Company'), the AIM-quoted and ASX-listeddiamond group, refers to the Company's announcement made on 7 December 2006 andthe corresponding letter to shareholders whose ordinary shares in the capital ofthe Company (Petra Shares) were registered on the Australian share register ofthe Company (Australian Shareholders) at the close of business on 7 December2006, in relation to the proposed removal of the Company from the official listof the ASX (ASX Delisting). To assist those persons who at this time continue to hold shares in the Companyregistered on the Australian register, Petra wishes to outline some importantdates in relation to the ASX Delisting: 1. 7 March 2007: Petra Shares will be suspended from tradingon ASX at the close of business on 7 March 2007 (Suspension Date). With effect from the Suspension Date, it will not be possible to trade PetraShares on ASX and the only market on which Petra Shares can be traded will bethe Alternative Investment Market of the London Stock Exchange Limited (AIM). Australian Shareholders at the close of business on the Suspension Date willhave their electronic holdings on the ASX register of the Company converted tocertificated holdings on AIM. 2. 14 March 2007: The date the Company will be delisted fromthe Official List of the ASX. 3. 14 September 2007: The date on which the facility arrangedby the Company and provided by Baker Young Stockbrokers Limited (Baker Young) toassist Australian Shareholders in trading Petra Shares on AIM will close. Thisfacility is currently in place and available to Australian Shareholders who wishto transact Petra Shares on AIM prior to the ASX Delisting. Mark Potter andCaroline Sale of Baker Young can be contacted on +61 8 8236 8888 in relation tothe facility. Further details concerning the ASX Delisting and trading Petra Shares on AIM areset out in the Company's letter to Australian Shareholders dated 7 December2006. Ends For further information, please contact or visit www.petradiamonds.com Cathy Malins / Annabel Leather Telephone: +44 (0) 20 7851 7480Parkgreen Communications, London This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Petra Diamonds