8 August 2024 LSE: PDL
Petra Diamonds Limited
(Petra, the Company or the Group)
Notification and public disclosure of transactions by Directors/PDMR
shareholding
The Company was notified on 7 August 2024 of the purchase of shares in the
Company by Varda Shine, Non-Executive Chair and Richard Duffy, Chief Executive
Officer of Petra Diamonds Limited.
Ms Shine purchased 32,671 ordinary shares of 0.05 pence each in the Company at
an average price of 30 pence per share. As a result of these trades, Ms Shine
now holds 57,426 shares in the Company, representing approximately 0.03% of the
Company's issued share capital.
Mr Duffy purchased 80,879 ordinary shares of 0.05 pence each in the Company at
an average price of 30 pence per share. Following this trade, Mr Duffy's
aggregate interest in the Company is 960,872 shares, representing approximately
0.49% of the Company's issued share capital.
1. Details of the person discharging
managerial responsibilities / person
closely associated
a. Name Varda Shine
2. Reason for the notification
a. Position/status Non-Executive Director (Chair)
b. Initial notification/Amendment Initial Notification
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 Financial Ordinary shares of 0.05p per
instrument, typeof shareBMG702782084
instrumentIdentification code
b. Nature of the transaction Purchase of ordinary Shares
c. Price(s) and volume(s)
Price(s) Volume(s)
30.035p 19,665
30.060p 13,006
d. Aggregated information 32,671 £9,850
· Aggregated volume
· Price
e. Date of the transaction 7 August 2024
Place of the transaction London Stock Exchange, Main Market
1. (XLON)
a.
1. Details of the person discharging
managerial responsibilities / person
closely associated
a. Name Richard Duffy
2. Reason for the notification
a. Position/status Executive Director (Chief
Executive Officer)
b. Initial notification/Amendment Initial Notification
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 Financial Ordinary shares of 0.05p per share
instrument, typeof par valueBMG702782084
instrumentIdentification code
b. Nature of the transaction Purchase of ordinary Shares
c. Price(s) and volume(s)
Price(s) Volume(s)
29.8721p 80,879
d. Aggregated information 80,879
· Aggregated volume £ 24,160.24
· Price
e. Date of the transaction 7 August 2024
Place of the transaction Limit order dealt off exchange
1. (XOFF)
b.
~ Ends ~
For further information, please contact:
Investor Relations, London Telephone: +44 20 7494
8203
Patrick Pittaway
investorrelations@petradiamonds.com
Kelsey Traynor
About Petra Diamonds Limited
a 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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Petra Diamonds Ltd.
Petra Diamonds Ltd - Director/PDMR Shareholding
8th August 2024, 06:49
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