Last checked at 17 Mar 2010 07:00
Immediate Release 17 March 2010
Petra Diamonds Limited
("Petra" or the "Company")
Block Admission and Block Admission Return
| Name of company: | Petra Diamonds Limited |
| Name of scheme: | Petra Diamonds Limited 2005 Share Option Plan |
| Period of return: | From 14 December 2007 to 17 March 2010 |
| Number of shares not issued under scheme at the end of the last period: | 71,000 |
| Number of shares issued under scheme during period: | 0 |
| Number of shares cancelled under the scheme during period: | 0 |
| Balance under scheme not yet issued at end of period: | 71,000 |
| Number and class of shares originally admitted under scheme and the date of admission: | 100,000 14 June 2007 |
Petra has made an application to the AIM Market of the London Stock Exchange for the block admission of up to 3,000,000 additional ordinary shares of £0.10 each in the Company to satisfy obligations under the Company's 2005 Share Option Plan. These shares will be allotted and issued in due course in accordance with the rules of the option plan and will rank pari passu in all respects with the existing ordinary shares in issue.
The Company currently has 352,569,186 ordinary shares of £0.10 each in issue.
Ends
| For further information, please contact: |
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| Bobby Morse / Katharine Sutton | Telephone: +44 20 7466 5000 |
| Buchanan Communications | bobbym@buchanan.uk.com katharines@buchanan.uk.com |
| Nicola Taylor | Telephone: +27 11 880 3924 |
| Russell & Associates | nicola@rair.co.za |
| Ryan Gaffney / Andrew Chubb | Telephone: +44 20 7050 6500 |
| Canaccord Adams (NOMAD and Joint Broker) | ryan.gaffney@canaccord.com |
| Joshua Critchley / Martin Eales | Telephone: +44 20 7653 4000 |
| RBC Capital Markets (Joint Broker) | joshua.critchley@rbccm.com martin.eales@rbccm.com |