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Pin to quick picksPetra Diamonds Regulatory News (PDL)

Share Price Information for Petra Diamonds (PDL)

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7.82    -0.20 (-2.49%)
Bid:
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Spread: 0.08 (1.026%)
Market Cap: £26.23m
PDL Live PriceLast checked at - London Stock Exchange

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Application for Block Listing

21 Dec 2011 07:15

RNS Number : 3796U
Petra Diamonds Ld
21 December 2011
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21 December 2011

LSE: PDL

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Petra Diamonds Limited

("the Company")

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Application for Block Listing

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Application has been made to the UK Listing Authority for the admission to the Official List of a Block Listing of 27,717,259 new ordinary shares of 10p each in Petra Diamonds Limited and to the London Stock Exchange for such Block Listed shares to be admitted to trading.

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The application is being made in respect of shares to be issued under the following warrants and share option schemes:

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IFC 2010 Warrants

6,300,000

RMB 2010 Warrants

2,100,000

1997 Share Option Scheme

1,148,750

2005 Share Option Scheme

18,168,509

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When issued, the shares will rank paripassu in all respects with the existing ordinary shares of the Company.

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For further information, please contact:

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Petra Diamonds, London

Telephone: +44 20 7318 0452

Cathy Malins

cathym@petradiamonds.com

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Buchanan

(PR Adviser)

Telephone: +44 20 7466 5000

Bobby Morse

James Strong

bobbym@buchanan.uk.com

jamess@buchanan.uk.com

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RBC Capital Markets

(Joint Broker)

Telephone: +44 20 7653 4000

Joshua Critchley

joshua.critchley@rbccm.com

Martin Eales

martin.eales@rbccm.com

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Canaccord Genuity Limited

(Joint Broker)

Telephone: +44 20 7050 6500

Rob Collins

rcollins@canaccordgenuity.com

Andrew Chubb

achubb@canaccordgenuity.com

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~ Ends ~

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About Petra Diamonds Limited

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Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has a well-diversified portfolio, with interests in eight producing mines: seven in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson).

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Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to over 5 million carats by FY 2019. The Group has a major resource base in excess of 300 million carats.

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Petra conducts all its operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process.

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For more information, visit the Company's website atwww.petradiamonds.com.

This information is provided by RNS
The company news service from the London Stock Exchange
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