PDL.L

Petra Diamonds Ltd.
Petra Diamonds Ltd - Director/PDMR Shareholding
27th September 2024, 15:33
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27 September 2024  LSE: PDL

Petra Diamonds Limited
(Petra, the Company or the Group)

Notification and public disclosure of transactions by Director/PDMR Shareholding

The Company was notified on 27 September 2024 of the purchase of shares in the
Company byJosé-Manuel Vargas, a Non-Executive Director ofPetra Diamonds Limited.

Mr Vargas has purchased 4,200,000 ordinary shares of0.05 penceeach (the Shares)
in the Company at an average price of27.08 penceper Share. As a result of these
trades,Mr Vargas now holds 21,200,000 Shares representing approximately 10.92%
of the Company's issued share capital.

+---------------+----------------------+--------------------------------------+
|1.             |Details of the person                                        |
|               |discharging managerial                                       |
|               |responsibilities /                                           |
|               |person closely                                               |
|               |associated                                                   |
+---------------+----------------------+--------------------------------------+
|a.             |Name                  |José-Manuel Vargas                    |
+---------------+----------------------+--------------------------------------+
|2.             |Reason for the                                               |
|               |notification                                                 |
+---------------+----------------------+--------------------------------------+
|a.             |Position/status       |Non-Executive Director                |
+---------------+----------------------+--------------------------------------+
|b.             |Initial               |Initial Notification                  |
|               |notification/Amendment|                                      |
+---------------+----------------------+--------------------------------------+
|3.             |Details of the issuer,                                       |
|               |emission allowance                                           |
|               |market participant,                                          |
|               |auction platform,                                            |
|               |auctioneer or auction                                        |
|               |monitor                                                      |
+---------------+----------------------+--------------------------------------+
|a.             |Name                  |Petra Diamonds Limited                |
+---------------+----------------------+--------------------------------------+
|b.             |LEI                   |213800X4QZIAVSA12860                  |
+---------------+----------------------+--------------------------------------+
|4.             |Details of the                                               |
|               |transaction(s):                                              |
|               |section to be repeated                                       |
|               |for (i) each type of                                         |
|               |instrument; (ii) each                                        |
|               |type of transaction;                                         |
|               |(iii) each date; and                                         |
|               |(iv) each place where                                        |
|               |transactions have been                                       |
|               |conducted                                                    |
+---------------+----------------------+--------------------------------------+
|a.             |Description of the    |Ordinary shares of 0.05p per share par|
|               |Financial instrument, |value                                 |
|               |type                  |                                      |
|               |                      |BMG702782084                          |
|               |of instrument         |                                      |
|               |                      |                                      |
|               |Identification code   |                                      |
+---------------+----------------------+--------------------------------------+
|b.             |Nature of the         |Purchase of ordinary Shares           |
|               |transaction           |                                      |
+---------------+----------------------+--------------------------------------+
|c.             |Price(s) and volume(s)|                                      |
|               |                      |+--------+---------+                  |
|               |                      ||Price(s)|Volume(s)|                  |
|               |                      |+--------+---------+                  |
|               |                      ||27.08p  |4,200,000|                  |
|               |                      |+--------+---------+                  |
+---------------+----------------------+--------------------------------------+
|d.             |Aggregated information|4,200,000                             |
|               |                      |                                      |
|               |  · Aggregated volume |£1,137,540                            |
|               |  · Price             |                                      |
+---------------+----------------------+--------------------------------------+
|e.             |Date of the           |25-27 September 2024                  |
|               |transaction           |                                      |
+---------------+----------------------+--------------------------------------+
|               |Place of the          |London Stock Exchange, Main Market    |
| a.            |transaction           |(XLON)                                |
|               |                      |                                      |
+---------------+----------------------+--------------------------------------+

~ Ends ~

FURTHER INFORMATION

Petra Diamonds, London+44 (0)784 192 0021

Patrick Pittawayinvestorrelations@petradiamonds.com

Kelsey Traynor

ABOUT PETRA DIAMONDS

Petra Diamonds is a leading independent diamond mining group and a supplier of
gem quality rough diamonds to the international market. The Company's portfolio
incorporates interests in three underground mines in South Africa (Cullinan
Mine, Finsch and Koffiefontein) and one open pit mine in Tanzania (Williamson).
The Koffiefontein mine is currently on care and maintenance in preparation for a
possible sale following the execution of a definitive sales agreement as
announced on 8 April 2024.

Petra's strategy is to focus on value rather than volume production by
optimising recoveries from its high-quality asset base in order to maximise
their efficiency and profitability. The Group has a significant resource base
which supports the potential for long-life operations.

Petra strives to conduct all operations according to the highest ethical
standards and only operates in countries which are members of the Kimberley
Process. The Company aims to generate tangible value for each of its
stakeholders, thereby contributing to the socio-economic development of its host
countries and supporting long-term sustainable operations to the benefit of its
employees, partners and communities.

Petra is quoted with a premium listing on the Main Market of the London Stock
Exchange under the ticker 'PDL'. The Company's loan notes due in 2026 are listed
on the Irish Stock Exchange and admitted to trading on the Global Exchange
Market. For more information, visit www.petradiamonds.com.


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