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RNS Number : 6257X Petra Diamonds Limited 21 December 2023
21 December 2023 LSE: PDL
Petra Diamonds Limited
("Petra" or the "Company" or the "Group")
Directorate Change
Further to the Company's announcement on 20 December 2023 regarding, amongst
other items, the appointment of José Manuel Vargas as a Non-Executive
Director, there are no other matters in respect of José Manuel Vargas
requiring disclosure under UK Listing Rules 9.6.13.
~ Ends ~
For further information, please contact:
Petra Diamonds, London
Telephone: +44 20 7494 8203
Patrick
Pittaway
investorrelations@petradiamonds.com
(mailto:investorrelations@petradiamonds.com)
Julia Stone
Kelsey Traynor
Financial PR (Camarco)
Gordon
Poole
Telephone: +44 20 3757 4980
Owen Roberts
petradiamonds@camarco.co.uk (mailto:petradiamonds@camarco.co.uk)
Elfie
Kent
About Petra Diamonds Limited
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
(Finsch, Cullinan Mine and Koffiefontein) and one open pit mine in Tanzania
(Williamson). The Koffiefontein mine is currently on care and maintenance in
preparation for sale or closure.
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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